March 8, 2016
The City of Vancouver (CoV) released a report analyzing housing occupancy using electricity meter data analytics which addresses concerns over empty homes impacting housing affordability.
Between 2002 and 2014, analysis of electricity consumption data within the City of Vancouver reveals some of the following:
- The Non-Occupancy rate across all CoV housing units has been flat
- Apartments, Single Family Dwellings and Duplex Housing Units make up over 95% of the CoV’s housing stock
- The CoV’s aggregate Non-Occupancy rate is driven by Apartments
- The CoV has a higher proportion of Apartments in its housing mix than the rest of the GVRD
- The CoV’s Non-Occupancy rate is consistent with and tracks the Non- Occupancy rate for the rest of the Greater Vancouver Regional District
- The growth in the number of Non-Occupied housing units in the CoV is driven by the overall growth in the housing stock
- Non-Occupancies rates by housing type consistent throughout City
- Non-Occupancy rates relatively consistent over time throughout City
For more findings, and to access the full report, click here. Also visit the City’s website, which includes a snapshot of these key findings along with a link to the council’s presentation and the CoV’s next steps.