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.

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