PreSale_RegionalSnapshot_July2019

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 June) have sold at an average PPSF of $1,028, 11% below the 2018 year-end average of $1,161.

AS OF JULY 2019 CONCRETE

2018 & 2019 YTD CONCRETE PRE-SALES

squamish

squamish

2018 & 2019 ytd concrete pre-sales

< $499 $500 - $999

2018

$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 JUL 5, 2019 2012

$569 $580 $600 $662 $776 $1,016 $1,093

$453

$420 $474 $468 $501 $869 $855 $820

$441

$736 $895

$560 $692

$640

$528 $556

$580 $652 $678 $761 $959

2013 2014 2015 2016 2017 2018

$560 $850 $697

$500 $593 $601 $798 $916 $885

$1,284 $567 $1,219 $633 $1,420 $741

$801 $899

$677 $753

$1,292

$580 $469

$521 $692

$1,946 $737

$1,238 $1,078 $1,770 $681

$2,371 $3,071

$1,053 $1,364

$936

$1,220 $1,161 $1,028

$974

$1,027 $1,926 $1,131

$1,574 $1,102

2019 YTD $1,116

$1,925 $1,545 $1,320

$1,071

Copyright©2019 renniegroupofcompanies.All rights reserved.Thismaterialmaynotbe reproducedordistributed, inwholeor inpart,without thepriorwrittenpermissionof the renniegroupofcompanies.Currentasof July5,2019.Alldata fromNHSLiveUrban Analytics&Rennie.While the informationanddatacontainedhereinhasbeenobtained from sourcesdeemed reliable,accuracycannotbeguaranteed. renniegroupofcompaniesdoesnotassume responsibilityor liability forany inaccuracies.The recipientof the information should take stepsas the recipientmaydeemnecessary to verify the informationprior toplacingany relianceupon the information.The informationcontainedwithin this report shouldnotbeusedasanopinionof value, suchopinions shouldandcanbe obtained froma rennieandassociatesadvisor.All information is subject tochangeandanypropertymaybewithdrawn from themarketatany timewithoutnoticeorobligation to the recipient from renniegroupofcompanies.E.&O.E.

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