The BPC Report: 2Q2021
Download HERE
Sales:
Sales Activity and Prices are Going Up
• 40% increase in number of units sold over Q1 2021
• 18% increase in average price QoQ.
2 Bedrooms- Best performing sector of the market
• 75% increase in number of units sold over Q1 2021
• 32% increase in average price QoQ
Studios- Showing some improvement
• Studios started to sell after 3 straight quarters of no recorded sales
• 100% increase over all of 2020, with 2 units sold in Q2 2021
Rentals:
Strong Movement Forward
• 42% increase in inventory QoQ
• 29% increase in number of units rented QoQ
• 51% increase in number of 1 bedrooms rented QoQ
• 62% fewer price reductions QoQ