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The BPC Report: 1Q2022

The BPC Report: 1Q2022

  • Platinum Properties

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Sales:

• Units sold in BPC Q1 2022 showed an increase of over 43.5% QoQ and 65% YoY.

• Two-bedroom apartments showed the strongest increase with a 100% increase in the number of units sold both QoQ and YoY.

• With 33 units sold in Q1 2022, BPC has shown its strongest sales quarter since Q1 2018.

Rentals:

• Average rent in BPC was $5,517, an increase of nearly 7% QoQ and 19% YoY.

• Median rent is up 6.45% at $5,213 QoQ.

• One bedroom apartments remain the most popular size, representing over 51% of all units rented.

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