Also a good reminder that Empty Homes Tax data offers a useful view into unadorned inventory. (As does the Speculation and Vacancy Tax data, but the 2025 municipal breakdown is not out yet.)
Jens von Bergmann
Vancouver adding multiplex into the exemptions from Empty Homes Tax for new-builds currently offered to larger (5+ unit) buildings. Kind of fascinating how "missing middle" bumps into all these little categorical policies based on # of units (e.g. strata; insurance; etc).
www.biv.com/biv-rss-news...
Housing units completed but not sold has grown in recent years, driven by higher interest rates, other economic factors