Quote:
Originally Posted by Aroundtheworld
It seems from what you said that the overall number of units is about the same despite Vancouver's smaller size.
Can you share your sources?
|
You can download the Metro Vancouver Housing Data Book, which has total and rental completions annually to 2018. You can download the
HUD Seattle etc data on construction.
Here's a good article explaing why 0 (zero) condos were completed in 2016 in Seattle, and under 10% of completitions in Downtown Seattle to 2020 were expected to be condos, with over 90% apartments.
The HUD report is for King and Snohomish Counties, with a population over 3 million. There were 5,275 multi family units for sale under construction in the entire region and 21,500 apartments. If you look on the CMHC website for construction data at the same date, you'll see nearly 9,000 rentals and over 27,000 condos were under construction. Those numbers are higher at the end of 2019.
Threaded Mode