Construction Booming in Surrey
Despite the challenging times of the COVID pandemic, construction has continued to boom in Surrey.
June 9, 2022 - In 2021, building permit values in the City of Surrey totaled more than $2 billion. Not only was this achieved in the midst of a pandemic, but it also marks the second highest recorded value in the City's history. The all-time record was set in the pre-pandemic year of 2019, where $2.3 billion in building permit values were recorded.
This year, the City is on track to match the 2021 totals.
Surrey has also led the way with the highest number of new home construction for the Metro region. Housing starts in Surrey totaled over 5,800 last year, which is 6% more than Vancouver.