Woodframe Pre-Sale Pricing Snapshot - July 2019

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 Greater Vancouver that have launched in 2019 (through June) have sold at an average PPSF of $657, 1.3% above the 2018 year-end average of $649.

AS OF JULY 2019 WOODFRAME

2018 & 2019 YTD WOODFRAME PRE-SALES

squamish

squamish

< $499 $500 - $749 $750- $999 $1,000 - $1,249 $1,250 + RAPID TRANSIT LINES (EXISTING & FUTURE) MUNICIPAL BOUNDARIES 2018 & 2019 ytd woodframe pre-sales 2018 2019 YTD

WOODFRAME PRICE PER SQUARE FOOT BY SALES START YEAR

CURRENT AS OF JUL 5, 2019 2012

$469 $473 $476 $493 $588 $799 $823

$414 $438

$305 $488 $397 $346 $428 $506 $614 $619

$299 $313 $331 $336 $381 $471 $561 $535

$380 $398 $373 $415 $508 $681

$312 $296 $350 $349 $403 $444 $502

$530 $725

$525 $523 $485 $593 $716

$448 $488 $480 $513 $601 $711 $824

$432 $433 $479 $484 $526

2013 2014 2015 2016 2017 2018

$334 $329 $353 $405 $569

$478 $559 $596

$747 $759 $707

$453 $487 $683

$369

$620 $862

$410 $542

$906 $1,244 $791 $1,028 $1,624 $912

$377

$586 $602

$760 $603

$500 $646 $649

2019 YTD $804

$701

$763

$627

$1,030 $1,553

$525

$657

Source: NHS Live Urban Analytics & Rennie (Current as of July 5, 2019) The information contained in this report has been compiled from sources believed to be reliable but the accuracy of the information is not guaranteed. E&OE

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