The BPC Report: 2Q2023
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Sales:
• The average sale price of $1,443,329 decreased QoQ by 20%.
• The number of units sold decreased by 13% QoQ and 7% YoY.
• The 3BR+ category saw the biggest decrease in transaction volume, down 75% QoQ and 60% YoY.
Rentals:
• The average price rose 6% YoY to $6,275.
• Price drops increased 190% YoY.
• One-bedroom units saw a 36% decrease in units rented YoY.