A Data Deep Dive: What Prices Tell Us About Today’s Pre-Con Market

  • 📰 storeyspub
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 74%

United States News News

United States United States Latest News,United States United States Headlines

These days, there's a lot happening in Vancouver's pre-construction market. To demystify it all, Avesdo has done a deep dive into the data to uncover the truth about new home prices.

There’s a lot happening in Metro Vancouver’s pre-construction market right now, and it’s undeniably difficult to parse rumour, speculation, and panic from what’s actually going down.– in which we explored housing supply and the impact of this past year’s delayed new home project launches – we at AVESDO are diving even more deeply into our system’s data to uncover the truth about prices in the new home market.

Comparatively, the same unit would see an October 2022 sale come in around $825,000. That $125k gain translates to an ~18% increase in price in the span of two years, and an 89% gain over the buyer’s invested deposit. Our second example looked at smaller one-bedroom units in Surrey. This area in particular has long been a hotbed for investors, but was dramatically impacted in the 2008 downturn, when it was accused of being a high-risk volatile market. We compared two ~450 sq.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 16. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The Week Ahead: Big six bank earnings; GDP data due - BNN BloombergA look at what investors will be watching in the upcoming week.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Sea lice numbers not necessarily influenced by salmon farms: industry studies - Terrace StandardSea lice numbers not necessarily influenced by salmon farms: industry studies
Source: TerraceStandard - 🏆 24. / 68 Read more »