Value of unsold condos in Metro Vancouver put at $4.6-billion
- Posted on September 14, 2026
- By The Globe and Mail
- 1 Views
- 1 min read
In brief
Metro Vancouver faces a significant real estate challenge with approximately 4,200 completed condominium units expected to remain vacant by year-end, representing an estimated market value of $4.6 billion. This substantial inventory of unsold properties reflects broader market conditions affecting the region's housing sector, raising concerns about developer profitability, consumer confidence, and economic implications for the construction industry and local communities.
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Value of unsold condos in Metro Vancouver put at $4.6-billion
By year’s end, 4,200 completed homes in the city will be sitting empty, a report says
