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The BPC Report: 2Q2021

The BPC Report: 2Q2021

  • Platinum Properties

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

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