Residential construction in Surrey. (Photo: Tom Zytaruk)

Surrey 37 per cent behind in housing supply projections

Of 18 cities in Metro Vancouver, only City of North Vancouver and Richmond met or exceeded projections

Surrey is behind by 37 per cent in building enough housing to meet its Vancouver Regional Growth Strategy Projection (2011-2018).

That’s according to the Homebuilders Association of Vancouver, or HAVAN. It says Surrey’s annual net housing is 2,980 homes built while its annual housing projection (2011-2021) is 4,710, making for a deficit of 1,730.

But Surrey is definitely not alone in the negatives – of 18 cities and municipalities within Metro Vancouver, only the City of North Vancouver and the city of Richmond has met or exceeded their targets, by 70 per cent and four per cent respectively.

READ ALSO: Surrey movers and shakers hear experts’ take on ‘smart development’

The furthest behind, according to HAVAN, is Port Moody (-79 per cent), Langley City (-69 per cent), West Vancouver (-62 per cent), Burnaby (-59 per cent), North Vancouver District (-57 per cent), Port Coquitlam (-56 per cent), Coquitlam (-48 per cent), Pitt Meadows (-45 per cent), Maple Ridge (-44 per cent), Surrey (-37 per cent), Delta (-32 per cent), Langley Township (-26 per cent), New Westminster (-25 per cent), Vancouver (-7 per cent), and White Rock (-3 per cent).

All told, the annual net housing for Metro Vancouver was 15,277 homes built while its annual housing projection (2011-2021) is 22,200, making for a grand-total deficit of 6,923, or 31 per cent in the negative.

Meantime, its believed the region will need to accommodate one million more people and 500,000 more jobs over the next quarter century.



tom.zytaruk@surreynowleader.com

Like us on Facebook Follow us on Instagram and follow Tom on Twitter

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Surrey Fire Fighters Charitable Society doing ‘better than we were expecting’ amid COVID-19

At one point, the board thought it might have a donation shortfall of $250,000

Delta artist John Horton named to Order of British Columbia

Honour for significant contributions made to the appreciation and safety of B.C.’s coastal history

Man arrested in ‘after-hours club crackdown’ in Whalley, Surrey RCMP say

Police say they received information about clubs, parties ‘springing up’ at commercial properties

53 new COVID-19 cases, no new deaths cap off week of high infection rates in B.C.

Roughly 1,500 people are self-isolating because they either have COVID-19 or have been exposed to it

Moving on: Tanev scores 11 seconds into OT as Canucks oust Wild

Vancouver beats Minnesota 5-4 to move into first round of NHL playoffs

FURTHER UPDATE: Body removed from Maple Ridge hotel after large police presence

A large contingent of Mounties were at the Art Infiniti Hotel Friday afternoon and evening

3 Vancouver police officers test positive for COVID after responding to large party

Union president says other officers are self-isolating due to possible exposure

New mothers with COVID-19 should still breastfeed: Canada’s top doctor

Dr. Theresa Tam made the recommendation during World Breastfeeding Awareness Week

Collapse of Nunavut ice shelf ‘like losing a good friend:’ glaciologist

The ice shelf on the northwestern edge of Ellesmere Island has shrunk 43 per cent

PHOTOS: Moving day for 110-year-old Fraser Valley heritage house

Chilliwack heritage house makes 1.7-kilometre journey to new location

Plainclothes Abbotsford police officer deletes cellphone video after drawing gun on innocent man

‘They never asked me what I was doing there, strictly came out with guns, threatening to shoot me’

CRIME STOPPERS: ‘Most wanted’ for Aug. 7

Crime Stoppers’ weekly list based on information provided by police investigators

Most Read