Over 7,000 finished homes in BC are currently sitting empty. Unsold inventory has reached levels not seen since the late 1990s, with apartments accounting for nearly two-thirds of the backlog. While this may appear to be excess supply, it creates a longer-term risk. High unsold inventory discourages new construction, limiting the housing options needed in the years ahead. #RealEstateStats #HousingSupply #CondoMarket #BCHomes #sellahome4u | David Sella
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