{"id":229337,"date":"2025-12-01T12:53:01","date_gmt":"2025-12-01T17:53:01","guid":{"rendered":"https:\/\/www.livabl.com\/articles\/?p=229337"},"modified":"2025-12-01T12:53:06","modified_gmt":"2025-12-01T17:53:06","slug":"b-c-housing-forecast-2026-stabilizing-rents-fewer-towers-and-better-building-design-ahead","status":"publish","type":"post","link":"https:\/\/www.livabl.com\/articles\/news\/b-c-housing-forecast-2026-stabilizing-rents-fewer-towers-and-better-building-design-ahead","title":{"rendered":"B.C. housing forecast 2026: Stabilizing rents, fewer towers, and better building design ahead"},"content":{"rendered":"

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British Columbia\u2019s housing market is splitting in two, and Zonda Urban\u2019s Stefan Greiner says the divide is only widening. A surge of rental supply that’s higher than anything seen in the past decade, is finally cooling rent growth heading into 2026. But on the condo side, projects are stalling, pre-sales are collapsing, and a growing backlog of unsold units is signalling a far more turbulent year ahead.<\/em><\/p>\n\n\n\n

We\u2019re seeing a surge in rental supply coming to market, surpassing any point in the last decade, with even more expected to arrive by the end of 2025. That level of supply is stabilizing rents, so I don\u2019t expect much rental growth in 2026, but stronger leasing activity for certain unit types.<\/p>\n\n\n\n

The condo side tells a very different story. In B.C., projects require 70 percent pre-sales before they can begin construction. With costs where they are, we\u2019re seeing many projects pulled, delayed, or going into receivership. Absorptions are at historic lows, and I expect very little concrete high-rise activity in Metro Vancouver through 2026.<\/p>\n\n\n\n

Smaller wood-frame projects under 100 units, in good locations and at attainable price points, will move forward. But overall, pre-sale activity will stay muted. Right now, there are about 4,000 completed but unsold condo units on the market, and I anticipate it will take one to two years for that inventory to be fully absorbed.<\/p>\n\n\n\n

Another trend I\u2019m seeing is developers focusing a lot more on the back end than before. For the last 20 years, speed to market and revenue often bailed them out. Now, there\u2019s a real shift. Developers are diving into unit mixes, sizing, and interior specs. I think we\u2019re going to see better designed buildings in the coming years because more of our clients are focusing on those details.<\/p>\n\n\n\n

That\u2019s where we, as advisors, can really help. We track all these markets, so we can see what\u2019s working and what\u2019s not. We\u2019re providing data-driven insights that marketing teams and accounting teams can use in their performance analysis to determine which product types are most likely to have a successful launch.<\/p>\n\n\n\n

– Stefan Greiner, vice-president, Advisory, Zonda Urban (British Columbia, Canada)<\/em><\/p>\n

<\/div>","protected":false},"excerpt":{"rendered":"

British Columbia\u2019s housing market is splitting in two, and Zonda Urban\u2019s Stefan Greiner says the divide is only widening. A surge of rental supply that’s…<\/p>\n","protected":false},"author":48,"featured_media":229338,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","apple_news_api_created_at":"2025-12-01T17:53:05Z","apple_news_api_id":"facbb970-5c99-49cf-a5c2-33e0332d8478","apple_news_api_modified_at":"2025-12-01T17:53:05Z","apple_news_api_revision":"AAAAAAAAAAD\/\/\/\/\/\/\/\/\/\/w==","apple_news_api_share_url":"https:\/\/apple.news\/A-su5cFyZSc-lwjPgMy2EeA","apple_news_coverimage":0,"apple_news_coverimage_caption":"","apple_news_is_hidden":false,"apple_news_is_paid":false,"apple_news_is_preview":false,"apple_news_is_sponsored":false,"apple_news_maturity_rating":"","apple_news_metadata":"\"\"","apple_news_pullquote":"","apple_news_pullquote_position":"","apple_news_slug":"","apple_news_sections":[],"apple_news_suppress_video_url":false,"apple_news_use_image_component":false,"footnotes":""},"categories":[11108],"tags":[11492,11255,11359],"coauthors":[10278],"apple_news_notices":[],"yoast_head":"\nB.C. 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