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Sales:
- The median price was $907,500 in Q4 – a 12% decrease QoQ and a 44% decrease YoY.
- Studios saw the largest gain in overall transactions with a 57% increase in both QoQ and YoY.
- One-bedroom units saw the largest decrease in average price, down 29% YoY.
Rentals:
- The average 3BR+ rent landed at $9,259 – up 33% YoY but down 63% QoQ.
- Price drops increased 493% QoQ but decreased 36% YoY.
- The number of units rented increased 134% QoQ from 166 to 389.
