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 students donate 2,000 pairs of socks

Initiative part of the Leo Club program

Surrey hosts grand-opening ceremony of North Surrey arena complex

‘Accessible’ facility features three sheets of ice

Lord Tweedsmuir tops Tamanawis in all-cat fight for Surrey RCMP Classic title

Panthers’ Jaeden Reid was named MVP at all-Surrey boys tournament

Trade to hometown team a ‘blessing in disguise’ for Surrey Eagles defenceman

Kieran O’Hearn gets to play in front of family, who live just minutes from South Surrey Arena

White Rock solid waste open house scheduled

Event to take place next month

VIDEO: SPCA and RCMP remove several animals, including pig, at private animal rescue in Langley

Home at 5500 block of 216th Street has undergone multiple seizures over the past five years

B.C. VIEWS: Few clouds on Horgan’s horizon

Horgan’s biggest challenge in the remainder of his term will be to keep the economy humming along

Victoria family focuses on ‘letting go, enjoying time together’ after dad gets dementia

Walter Strauss has developed an interest in music and now takes line dancing classes

B.C. forest industry grasps for hope amid seven-month strike, shutdowns, changes

Some experts say this could be worse for forestry than the 2008 financial crisis

Northern B.C. RCMP investigating alleged sexual assault in downtown Smithers

One person was transported by ambulance to hospital following RCMP investigation at Sedaz

Vancouver police probe second homicide in less than 24 hours

Woman was found dead in her Gastown home

UBC, Iranian-Canadian community create memorial scholarship in honour of victims

The Jan. 8 crash killed 176 people, including 57 Canadians

Disrespectful that Horgan won’t meet during northern B.C. tour: hereditary chief

Na’moks said he was frustrated Horgan didn’t meet with the chiefs

Most Read