Data Pack - Regional Snapshots - October 2021

October2021

metrovancouver

CONCRETE pricing

• Ofthe41concretepre-saleprojectsthatlaunchedinMetroVancouverin2021,pricesaveraged$1,090PSF.

• Thisis2%higherthanthePPSFin2020,withconcreteprojectsthatlaunchedlastyearaveraging$1,067.

• ActivelyselingprojectsnorthoftheFrasercurentlyhaveanaverageof$1,168,whereasprojectssouthoftheFraserarepricedatanaverageof$852.

▶ ACTIVECONCRETEPROJECTS

squamish

AVG.PRICEPERSQFT ●<$400 ●$500-$999 ●$1,000-$1,499 ●$1,500-$1,999 ●$2,000+

©Mapbox©OSM

©2021Mapbox©OpenStreetMap

▶ CONCRETEAVERAGEPSFBYSALESSTARTYEAR

Submarket

2013 2014 2015 2016 2017 2018 2019 2020 2021

$571 $556 $559 $687 $841 $821

$463 $503 $600 $580 $565 $677 $786 $1,178

$473 $593 $661 $693 $636 $750 $882 $1,213

$1,091 $1,233 $1,356

$1,343 $2,351

$1,084 $1,086 $1,039 $1,138 $1,917 $2,969

$821 $900 $892 $1,131 $905 $1,050 $1,782 $2,700

$1,069 $1,123 $1,136 $1,225 $1,457 $1,776

VancouverDowntown VancouverWest NorthVancouver VancouverEast Richmond Burnaby Coquitlam/PortMoody CentralSurey/N.Delta Langley/Cloverdale WestVancouver Squamish SouthSurey/WhiteRock SouthDelta Ridge-Meadows PortCoquitlam NewWestminster Abbotsford/Mision

$1,760

$606 $777 $683 $745

$763 $806 $1,017 $930 $1,107

$1,020 $1,118 $1,032

$833 $916

$830 $884

$804 $877 $992

$472

$1,292

$1,946

$1,703

$1,414

$1,403

$530

$543 $577

$976

$926

$597

$522

$684

$969

$469

total

$625

$652

$722

$910

$1,157

$1,135

$1,032

$1,067

$1,090

Copyright©2021reniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionofthereniegroupofcompanies.CurentasofOctober31,2021.AldatafromNHSLiveUrbanAnalytics&renie.Whilethe informationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycanotbeguaranted.reniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.inacuracies.Therecipientoftheinformationshouldtakestepsastherecipientmaydem necesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarenieandasociatesadvisor.Alinformationissubjecttochangeandanyproperty maybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 3 ●

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