When we look at BC’s current residential real estate market, the numbers tell an important story: there are 6,687 unsold units across the province right now—primarily condos—with Burnaby, Vancouver, and Surrey leading for highest inventory. As someone who’s watched this market evolve since 1981, I find it significant that this surplus isn’t limited to smaller units; it’s a sign of a more nuanced, shifting landscape. Whether you’re considering your next move or weighing options for yourself or a family member, understanding the complexity behind these figures is key to making informed decisions.
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