MARKET SPOTLIGHT: Concrete Condo Resales Prices
Here is a snapshot of pricing for resales of concrete condos in Vancouver’s submarkets over the past two years. It shows moderate price gains in most areas, with those more pronounced gains in Burnaby and North Vancouver as a result of newly completed projects which saw some resales upon completion.
The analysis used only condos built since 1999 and concrete construction. Surrey was the only submarket without any price growth since 2012.