Vancouver’s residential condo market is experiencing one of its most challenging periods. According to Canada Mortgage and Housing Corp., or CMHC, over 2,500 completed and unsold condominium units are available across metropolitan Vancouver. It is the highest level since the start of the millennium, although not yet the highest level in history.
CoStar Insight
Deep-discounted bulk sales may be needed to address the growing glut of unsold condos in Vancouver
Thousands of condo units have been built and remain unsold, part of a growing problem
By Paul Richter
CoStar AnalyticsOctober 8, 2025 | 8:15 P.M.
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- Belvedere
9677 King George Blvd, Surrey, BC
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