Woodframe Pre-Sale Pricing Snapshot - April 2021

pre-sale pricing snapshot

highlights •

The data presented below are price per square foot (PPSF) averages for woodframe pre-sale homes, based on the date of each project’s first home sale. • Woodframe pre-sale projects in Metro Vancouver that launched in 2021 so far have sold at an average PPSF of $690, 1.9% below the 2020 year-end average of $704.

AS OF APRIL  WOODFRAME

 &  YTD WOODFRAME PRESALES

squamish

squamish

< $499 $500 - $749 $750 - $999 $1,000 - $1,249 $1,250 + RAPID TRANSIT LINES (EXISTING & FUTURE) MUNICIPAL BOUNDARIES 2020 & 2021 ytd woodframe pre-sales 2020 2021 YTD

WOODFRAME PRICE PER SQUARE FOOT BY SALES START YEAR

CURRENT AS OF APR 12, 2021 2013

$433 $479 $484 $526 $612 $639 $631 $704 $690

$473 $438 $488 $313 $398 $334 $296

$478 $747 $523 $559 $759 $485 $596 $707 $593 $620 $862 $716

$488 $480 $513 $601

2014 2015 2016 2017 2018 2019 2020

$476

$397 $331

$373 $329 $350

$493 $453 $346 $336 $415

$353 $349

$369

$588 $487 $428 $381

$508 $405 $403 $680 $569 $444

$410 $542

$799 $681

$506 $471

$896 $1,181

$791 $909

$708 $377 $585 $818 $499 $646

$819

$611

$564 $760 $603 $504

$1,058

$786 $696 $607 $548 $758 $641

$537

$958 $1,375

$510 $558

$846 $742 $612

$555 $783 $665 $510

$1,022 $1,253 $1,473

$741

$691

2021 YTD

$804

$668 $590 $820

$804 $548

Copyright © 2021 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of April 12, 2021. All data from NHS Live Urban Analytics & rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E.

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