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

The Belvedere in Surrey sold dozens of condo units earlier this year at a deep discount (Sam Chua/CoStar)

CoStar Analytics

October 8, 2025 | 8:15 P.M.

Vancouver’s residential condo market is experiencing one of its most challenging periods.

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