There’s no place like home, especially when that home is brand-spankin' new. British Columbia (and the Lower Mainland in particular) has expanded almost as much as the Star Wars franchise over the last decade and new homes might just be the new hope that the province needs.
The question we need to get to the bottom of is simple: Who’s going to be building all these new homes? Sometimes the past can help us predict the future, so we’re here to guide you through BC’s biggest home developers historically. Here’s a quick look at the biggest new home developers in BC, including how many homes they’ve built, what they’re actively selling and their current proposed projects in BC.
New home developers ranked by homes built in BC
Company
Homes built in BC
Active selling now
Current proposed in BC
Polygon Homes
12417
1380
6878
Concord Pacific
6878
4239
2379
Onni
4657
2886
5313
Bosa Properties
4174
601
3943
Intracorp Projects
2937
298
605
Cressey Development
2844
240
250
Westbank
2325
1361
2839
Adera Development
2100
81
340
Wesgroup
7000
939
9923
Aquilini Development and Construction
1482
430
0
Marcon
1100
1263
2819
Concert Properties Ltd
994
658
4363
Century Group
919
428
1255
The information above comes from Zonda, and reflects the most recent data as of 2022.
A brief history of time.
Each of the developers above has been in business for decades, with some like Aquilini Development and Construction and Century Group being founded over 60 years ago. Here’s an overview of the year each company was founded.
Developers Founded Date
That new home smell.
The CHBA estimates that 25% of all homes purchased annually are newly built. While the resale market has cooled off, the new home sector continues to push forward. A look at the number of current proposed homes in BC confirms rising towers ahead, as many believe that we need to build our way out of the housing crisis. Or at least that building is a part of the solution.
Put down roots.
Where these new homes will be built is a crucial consideration for BC’s biggest developers, who often put incredible amounts of time into creating a neighbourhood where people want to live. Identifying up-and-coming neighbourhoods that buyers are excited to call home is a serious task. The numbers show that Central Surrey is the top area in the province by units planned, followed by Coquitlam. See the top five areas in the Lower Mainland by units planned here.
Put down roots
If a new home is something you’re considering, you should first learn about the financial benefits, customization options, deposit schedules and everything else that goes into buying a new home. Lucky for you, we’re here to guide you through it.
Once you have a grasp on the process, sign up for alerts and start browsing REW’s extensive list of new developments. Your next great real estate adventure could be just a few clicks away.
