Concrete Pre-Sale Pricing Snapshot as of April 2019

pre-sale pricing snapshot

highlights •

The data presented below are price per square foot (PPSF) averages for concrete pre-sale homes, based on the date of each project’s first home sale. • Concrete pre-sale projects in Greater Vancouver that have launched in 2019 (through March) have sold at an average PPSF of $948, 19% below the 2018 year-end average of $1,167.

AS OF APRIL 2019 CONCRETE

2018 & 2019 YTD CONCRETE PRE-SALES

squamish

squamish

2018 & 2019 ytd multi-family pre-sales concrete pre-sale

Concrete

< $499 $500 - $999 < $499 $500 - $999

2018 2018

$1,000 - $1,499 $1,500 - $1,999 $2,000 RAPID TRANSIT LINES (EXISTING & FUTURE) MUNICIPAL BOUNDARIES 2019 YTD $1,000 - $1,499 $1,500 - $1,999 $2,000 + RAPID TRANSIT LINES (EXISTING & FUTURE) MUNICIPAL BOUNDARIES 2019 YTD

CONCRETE PRICE PER SQUARE FOOT BY SALES START YEAR

CURRENT AS OF APR 1, 2019 2012

$572 $580 $600 $662

$453

$420 $474 $468 $501 $869 $855 $815

$441

$736 $560 $691

$640

$528 $558

$581 $653 $677 $761 $959

2013 2014 2015 2016 2017 2018

$895

$560 $850 $697

$494 $593 $601 $798 $916

$1,284 $568 $1,219 $633 $1,420 $741

$801 $899

$677 $753

$1,292

$580 $469

$521

$1,946 $737

$776 $692

$1,237 $1,078 $1,770 $681

$1,016

$2,371 $3,071

$1,053 $1,366 $1,027 $1,941

$936

$1,219 $1,167

$1,096 $974

$1,150 $1,574 $1,102

2019 YTD $1,125

$1,320

$948

Source: NHS Live Urban Analytics & Rennie (Current as of April 1, 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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