the rennie snapshot: pre-sale pricing - Q1 2019
Mar 19, 2019
Written by
Ryan BerlinSHARE THIS
Data highlights
- The data presented below are price per square foot (PPSF) averages for concrete, woodframe, and townhomes combined, based on the date of each project's first home sale
- Pre-sale projects in Greater Vancouver that have launched in 2019 (through January) have sold at an average PPSF of $868, unchanged versus the 2018 year-end average of $868
- Versus Q4 2018, the regional average PPSF has risen 1.6%
Each quarter, rennie intelligence provides a Multi-family Pricing Update based on the latest data sourced from Urban Analytics' NHS Live database. The data presented are price per square foot (PPSF) averages for concrete, woodframe, and townhomes combined, based on the date of each project's first home sale. Our rennie intelligence division empowers individuals, organizations, and institutions with data-driven market insight and analysis. Experts in urban land economics, community planning, shifting demographics, and real estate trends, their strategic research supports a comprehensive advisory service offering and forms the basis of frequent reports and public presentations. Their thoughtful and objective approach truly embodies the core values of rennie.
Written by
Ryan Berlin
SHARE THIS
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