{"id":601207,"date":"2026-04-13T13:09:08","date_gmt":"2026-04-13T13:09:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/601207\/"},"modified":"2026-04-13T13:09:08","modified_gmt":"2026-04-13T13:09:08","slug":"city-of-vancouver-touts-surpassing-2025-housing-targets","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/601207\/","title":{"rendered":"City of Vancouver touts surpassing 2025 housing targets"},"content":{"rendered":"

VANCOUVER \u2013 Last year the City of Vancouver had 12,500 new homes approved, exceeding the annual target of 8,300 by 54 per cent.<\/p>\n

Across the city, 2,300 purpose-built market rental units reached completion, marking the highest annual level of rental completions in more than 40 years, the city notes.<\/p>\n

Here are some of the highlights of 2025:<\/p>\n

10,277 of new homes approved are purpose-built rentals:<\/p>\n

8,122 market rental units
\n1,436 privately-owned below-market rental units
\n719 social housing units approved<\/p>\n

More than 2,300 purpose-built market rental homes built, marking the highest annual completions in four decades. Another 730 social housing units were completed in 2025.
\n1,261 ground-oriented homes approved in low-density neighbourhoods, driven by multiplexes, but also include\u00a0townhouses, duplexes and coach homes.
\n3,000 social housing units and 9,900 purpose\u2011built rental homes already under construction.<\/p>\n

Approved in June 2024, the new\u00a0Housing Vancouver 10-year targets (2024-2033)<\/a>\u00a0outline the type and quantity of housing the city plans to deliver.<\/p>\n

They guide developers and housing providers on the city\u2019s priorities in development, planning and policy making, the release explains, and support progress towards a diverse housing system.\u00a0<\/p>\n

\u201cA key contributor to this year\u2019s progress was the\u00a0Below-Market Rental (BMR)<\/a>\u00a0program, which secures long-term affordable homes by allowing added density in exchange for below-market rents,\u201d said Josh White, general manager of planning, urban design and sustainability, in a statement. \u201cIn 2025, the program secured over 1,400 BMR homes, more than double the annual target of 550. This demonstrates the effectiveness of city policies in supporting deeper affordability through private-sector development.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"VANCOUVER \u2013 Last year the City of Vancouver had 12,500 new homes approved, exceeding the annual target of…\n","protected":false},"author":2,"featured_media":601208,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[194298],"tags":[49,48,55],"class_list":["post-601207","post","type-post","status-publish","format-standard","has-post-thumbnail","category-vancouver","tag-ca","tag-canada","tag-vancouver"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/601207","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=601207"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/601207\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/601208"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=601207"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=601207"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=601207"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}