The BPC Report: 4Q2022

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Sales:

• The average price per foot rebound from Q3 held and grew to $1,352 PSF
• Transaction volume was up 65% YoY
• One bedrooms saw the most significant growth in transaction volume (up 90% YoY) and in median price, up 46% YoY

Rentals:

• Overall median rent increased 23% YoY
• Three bedroom number of units rented increased 180% YoY and 133% QoQ