New data released by BC Housing shows a record number of new homes registered in British Columbia in 2021. The December 2021 New Homes Registry Report shows that 53,189 new homes were registered in the province.
Compared to 2020, new home registrations increased by 67.5%, the province say.
The data for registered new homes data is collected at the beginning of a project, before building permits are issued. Under the Homeowner Protection Act, all new homes in the province are required to be registered with BC Housing.
The registration must occur prior to the issuance of building permits or prior to construction in geographical areas where building permits are not required.
“This report shows that we can meet the challenge to increase the supply of desperately needed rental homes for individuals, families and seniors in B.C., if cities partner with us to get building permits issued quickly for these registered units,” said David Eby, Attorney General and Minister Responsible for Housing.
“The numbers show that together we can respond to the more than 25,000 new people who moved to British Columbia in the last three months looking for homes, and the thousands more who we know are still coming. We can only succeed in this major challenge if we have committed partners in cities, the federal government, non-profits, First Nations and the private sector to get these registered homes built and open.”
