Metro Vancouver Entry-Level, Newer-Home Market Insider - August 2022
Updated: Sep 8, 2022
August 2022 Report:
The entry-level, newer-home market insider is a monthly newsletter that delivers the latest realtor-level sales statistics for all “newer-home” product types.
The mix of product types monitored include the “entry-level” forms of single-family & townhome product, along with one & two-bedroom condominiums.
The monthly statistics are based on several of the most popular areas in Metro Vancouver for first-time buyers, young professionals & families, and investors.
Reasons why you should consider newer-home resale data:
Great for those looking to purchase housing that is still in the early stages of its lifecycle – this means less repairs & maintenance during the first few years of ownership.
More recent building and developer history – provides assurance and certainty when making one of the most important transactions of your life.
Homes include some of the latest design and technology – great for resale value when considering to move-up the property ladder.
Provides comparables for individuals considering a new pre-sale purchase for either end-use or investment – comparing newer resale data to presale pricing provides valuable insight into the product being considered for purchase.
These monthly sales statistics also provide important information for any new housing being considered for development. Investors, developers, and homebuilders can use newer resales as objective data points.
These figures are routinely used to understand the value of land, and anticipated market values for newly completed homes.
August 2022 Report