October2021
metrovancouver
CONCRETE completions
• InQ32021,thenumberofconcretepre-salehomesthatcompletedwas4,327.
• In2020,constructioncompletedon7,828concretehomes.Anestimated9,470homes(with91%curentlysold)areexpectedtocompletebytheendof2021.
• By2026,anestimated31,238concretehomesareexpectedtocomplete(78%ofwhicharecurentlysold).
▶ CONCRETEPROJECTS,YETTOBECOMPLETED
squamish
●ACTIVE/SOLDOUT ●CONTEMPLATED
©Mapbox©OSM
©2021Mapbox©OpenStreetMap
▶ EXPECTEDFUTURECONCRETECOMPLETIONS
2021 homes %sold
2022 homes %sold
2023 homes %sold
2024 homes %sold
2025 homes %sold
2026 homes %sold
total homes %sold
contemplated
Submarket
Abbotsford/Mision Burnaby CentralSurey/N.Delta Coquitlam/PortMoody Langley/Cloverdale NewWestminster NorthVancouver PortCoquitlam Richmond Ridge-Meadows SouthDelta SouthSurey/WhiteRock Squamish VancouverDowntown
138,815 1,143 12,331 1,891 7,885 49 681 1,598 12,369 183 2,504 6,206 677 32,516 25,599 32,883 300
773 1,357 1,863
77% 90% 92%
373 1,984 2,777
86% 84% 85%
1,744 509 2,528
74% 91% 82%
332 1,438 779
82% 83% 38%
1,700
59%
3,601 5,707 9,647
79% 87% 77%
379 419
96% 99%
584 568
89% 82%
564
67%
1,148 1,132
84% 75%
382
70%
182
94%
426
76%
153 1,009
94% 96%
1,299
63%
232
34%
363
40%
708
90%
153 4,037
94% 74%
332
79%
178
88%
510
82%
139 529 341
81% 88% 79%
8,951 122 972 191 491
77% 78% 62% 51% 74%
646 268 187
49% 76% 51%
239
79%
31,238 319 2,310 1,416 1,258
78% 79% 62% 80% 73%
2,695 158 553 428
84% 75% 74% 85%
VancouverEast VancouverWest WestVancouver total
7,355 39
89% 100%
6,496
73%
3,094
67%
2,647
69%
Copyright©2021reniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionofthereniegroupofcompanies.CurentasofOctober31,2021.AldatafromNHSLiveUrbanAnalytics&renie.Whilethe informationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycanotbeguaranted.reniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.inacuracies.Therecipientoftheinformationshouldtakestepsastherecipientmaydem necesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarenieandasociatesadvisor.Alinformationissubjecttochangeandanyproperty maybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 4 ●
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