2024-Q1 UDI State of the Market Report

9.1 - Zonda Urban New Home Source Database,

Stats Canada, Bank Websites

9.2 - Zonda Urban New Home Source Database,

Stats Canada, Bank Websites

9.3 - Zonda Urban New Home Source Database,

Stats Canada, Bank Websites

10.1 - REBGV Monthly Statistics

10.2 - REBGV Monthly Statistics

10.3 - REBGV Monthly Statistics

10.4 - REBGV Monthly Statistics

10.5 - REBGV Monthly Statistics

10.6 - REBGV Monthly Statistics

11.1 - FVREB Monthly Statistics

11.2 - FVREB Monthly Statistics

11.3 - FVREB Monthly Statistics

11.4 - FVREB Monthly Statistics

11.5 - FVREB Monthly Statistics

11.6 - FVREB Monthly Statistics

12.1 – Zonda Urban New Home Source

Rental Database

12.2 – Zonda Urban New Home Source

Rental Database

12.3 – Zonda Urban New Home Source

Rental Database

12.4 – Zonda Urban New Home Source

Rental Database

12.5 – Zonda Urban New Home Source

Rental Database

NEW HOME DATA:

PURPOSE-BUILT RENTAL APARTMENTS

Analytical Methods

• Chart 5.6: CMHC rental housing vacancy data includes

structures with at least three rental units, which have

been on the market for at least three months.

• Chart 12.1: Apartment Rental Stock in Metro Vancouver:

Sum of “move-in ready” units by product type. “Move

in ready” is defined as those projects that are Fully

Leased, as well as those that are Active (actively

leasing) with standing inventory. Sample size of 23,158

units over 232 newer rental apartment and townhome

projects in Metro Vancouver.

• Chart 12.2: Turnover Rates by Region: Projects

included are those that are fully leased only.

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Methodology and Definitions + Sources

• Chart 12.3: Availability Rates by Region: Projects

included are those that have recently launched and

are actively leasing only.

• Chart 12.4: Currently Available Average Rent per

Square Foot: A weighted average of rental rates of

currently available units in fully leased projects and

average rental rates achieved in projects that have

been actively leasing for greater than three months.

The average per region is based on average dollar per

square foot prices of each sub-market.

• Chart 12.5: Rental Units per Municipality, in Planning

Stages: Total units of every project in the contemplated

section of the Rental database, by product type.

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