November 2025 Presale Report: Launch Activity Rises, Yet Sales Stay Subdued

“ October is historically the second busiest time for new presale launches aside from the Spring. Although we saw six new projects come to market, the absorption and general level of interest is well below long term averages. Even with another 0.25% rate cut in October, there has been little change
OCTOBER 2020 PRE-SALE REAL ESTATE INSIGHTS
5 years
"Momentum continued into September with record setting resale activity in some categories and many buyers opting for space further and further away from the Vancouver CBD. We also saw a strong single month absorption rate for new product and reasonable absorption of concrete product.” Suzana
AUGUST 2020 PRE-SALE REAL ESTATE INSIGHTS
5 years
"Activity remained strong in August including promising absorption of concrete product. We do believe there could be a slight pullback in September as people adjust again to new rhythms with schools back in session.” Suzana Goncalves EVP, SALES AND MARKETING; PARTNER, MLA CANADA HIGHEST PRESALE
JULY 2020 PRE-SALE REAL ESTATE INSIGHTS
5 years
"Sales volumes remain steady within presale as townhomes continue to outperform and the economy recovers.” Suzana Goncalves EVP, SALES AND MARKETING; PARTNER, MLA CANADA LAUNCHES ACROSS NUMEROUS SUBMARKETS There were six project launches in July 2020 that released approximately 221 units to market
HOME PRICES TO DOUBLE
5 years
In the long term, Vancouver housing prices are heading one way — up. 2020 is a year that will never be forgotten. In every corner of society, in every industry, every business and household, the effects of COVID-19 are dramatic. Our daily lives, patterns and behaviours have shifted. Nobody has been
JUNE 2020 PRE-SALE REAL ESTATE INSIGHTS
5 years
"We remain optimistic about growing sales activity and stable pricing and don’t expect to see any drop in activity as we historically often do during Summer. We continue to monitor closely how further Covid-19 impacts consumer confidence and the market as a whole, particularly as our neighbours down
MAY 2020 PRE-SALE REAL ESTATE INSIGHTS
5 years
"Sales volumes remain low overall and consumers need additional time to adapt to the new reality as we re-open the economy. However, we are cautiously optimistic as we see positive trends in inquiries into our Presentation Centres and increased sales from last month in presale.” Suzana Goncalves EVP
INTRODUCING MLA COMPLETE
5 years
Shopping for a home is an exciting time for everyone. As owners, it is thrilling to have a new home to call your own. After all the saving and the planning, you can decorate the way you please, live the way you want, invest in your future or begin to create memories in a space that’s all yours. The
APRIL 2020 PRE-SALE REAL ESTATE INSIGHTS
5 years
"The market momentum created in Q1 was clearly impacted as expected with April stats taking a dramatic slide down from March last month as well as April 2019. End-users will continue to keep the market going in the short-term as buyers fully adjust to the new normal. ” Suzana Goncalves EVP, SALES