Six pages, written in plain English for people buying a condo in Surrey, Langley or Burnaby — not for people in the industry.
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Shadow inventory is finished stock a developer holds back privately, so it never shows on the MLS. Over 5,400 units in Metro Vancouver, concentrated in Surrey Central, Willoughby Heights and Brentwood.
Price reductions, closing credits, upgrades, lower deposits, 12 to 24 month rate buydowns, cash back on completion and assignment flexibility. None of it was available two years ago.
An empty finished unit costs the developer strata fees, taxes, insurance and financing every month with nothing coming in. A presale launching today costs them nothing to hold.
Only 64 new presale homes launched across Greater Vancouver and the Fraser Valley in February 2026, and zero concrete high-rises started in Q1. What that sets up for 2028 and 2029.
"Buyers aren't gone. They are waiting for the right number. When the price hits that level, they show up fast."— From the video this playbook is built on
Thirty minutes on the building you are actually looking at, how long those units have been sitting, and how much room is realistically in them. No pressure, no obligation.
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