• In Q1 2019, the average sale price per unit was $79,230. In the past 5 years, average sale price per unit has risen by $29,663 or 59.8%.

 

• In the past 28 quarters since Q2 2012, occupancy rate has exceeded 94.0%. Since then, average asking rental rates have increased by 28.1%.

 

• Development has surged—at the end of Q1 2019 there were 6,798 units under construction spread across 44 buildings. Year-over-year, this represents a 51.1% increase in units under construction.