Over 10,800 new homes approved by Vancouver City Council in 2022
The final tally is in: 10,825 new housing units were approved by Vancouver City Council in 2022, marking a record for the second year in a row.
It is the highest total in recent decades and far exceeds the City of Vancouver's current 10-year average and the targets of the 10-year Housing Vancouver strategy between 2018 and 2027.
Housing Vancouver aims to catalyze the approval of 72,000 units over its 10-year timeline or 7,200 each year. The figure for 2022 represents a 150% achievement above the annual target.
This is also up from a total of about 8,800-unit approvals in 2021, and 7,900 in 2020.