The Teardown Stage 1 - Feb 2025

FEBRUARY 2025

Tear Down: Deconstructing Real Estate Insights

Welcome to The Tear Down – where we begin to tear apart the complex world of real estate development into small, easy to interpret images. More than just a name, we're breaking down barriers, dismantling data, and drilling into the Vancouver East Development market specifics that matter most to small and medium-sized builders and developers.

Each edition begins to deconstruct market trends and development opportunities, transforming raw data into actionable intelligence. We're not just reporting – we're rebuilding your understanding of urban development, one insight at a time.

"Drilling down from the Greater Vancouver Real Estate Market to Vancouver East, as well as the Vancouver East Development Market for small to medium builders, we see they all reflect a balanced market."

"Listing activity increased by 11% over this time last year"

" As we drill down the Vancouver East market has reported 11% more listings from this time last year. That's reflected in increased detached listings. Attached and Apartments have actually decreased"

"The listing activity in the Vancouver East Development market outpaced the Vancouver East market . The potential for Developers to secure a profitable site has gone up with the amount of REDIC sites listed at 49% higher than last year"

. . . now let's drill down and compare everything SOLD

"12% decline across all units sold year over year"

"The trend in the Vancouver East residential market shows more of a spread than the macro market"

"The Vancouver East Development Market is showing the biggest change in the Half Duplex segment with a 40% decline in sales activity"

"Greater Vancouver Realtors have calculated the Detached Benchmark Price to have increased by 3% Year over Year"

"The Benchmark Price for a Vancouver East detached home comes in at a lower year over year increase at 2% "

"The average sold price per square foot for the Vancouver East REDIC has decreased month to month as well as year to year. To view the stats subscribe to the newsletter by clicking the subscribe button."

"Greater Vancouver Realtors have calculated a modest overall yearly sales price increase of 1% "

"Drilling down deeper into the Vancouver East market the Benchmark price of a townhouse has increased by 4% year over year."

"Hit subscribe to view the townhouse stats in full detail"

"to view the Average Sold Price per Sq Foot trend for half duplex's, hit subscribe for your free newsletter"

Here is a summary of the Vancouver East development market for small/medium builders:

REDIC Trends :

-Developers entering the market to purchase a development site should pay close attention to historical trends in each neighbourhood to create the largest margin possible between REDIC and Townhouse or Half Duplex prices.

Townhouse and Half Duplex Trends :

-Understanding the nuances and differences in the Benchmark Price compared to Average price per sq foot would be important for builders and developers to fully contextualize the price dynamics at play.

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Click below for our updated daily list of Featured REDIC Properties!