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Metro Vancouver housing figures underscore massive gap in affordable units

  • Metro Vancouver regional district issued its annual housing data report Friday.
  • Insufficient housing construction over decades relative to population increases generated substantial pent-up demand.
  • Despite increased construction activity recently, per capita building rates remain below historical levels.
  • Vacancy rates remain "well below a healthy level" of three per cent, the district stated.
  • The region requires vastly more affordable rental homes annually to meet growing needs and long waitlists.
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Orillia Matters broke the news in Orillia, Canada on Friday, April 25, 2025.
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