The Teardown: Stage 1 Vancouver East

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Real Estate

 

MARCH 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 through to Vancouver East, and further into the Vancouver East Development Market for small to medium builders, we see they all reflect a balanced market. The development market is on the edge of a Buyer's market."

"Listing activity increased by 29% over this time last year"

" The Vancouver East market reflects the same pattern as the larger Macro market. Increases across all housing options."

"Slight increases across the units we are following for the development market."

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

"13% decline across all units sold year over year"

"The trend in the Vancouver East residential market shows the exact same decrease as the Macro market."

"The Vancouver East Development Market is showing no change in Half Duplex sales and declining across the other 2 options"

"Greater Vancouver Realtors have calculated the Detached Benchmark Price to have increased by 1% Year over Year"

"The Benchmark Price for a Vancouver East detached home shows no change"

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"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."

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

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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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