Benchmark Prices - November 2019

Here are the latest Benchmark Price Infographics for the areas of the Lower Mainland covered in the monthly rennie review. 

Greater Vancouver Board Area


Vancouver East


Vancouver West


Burnaby East


Burnaby North


Burnaby South


Richmond


Coquitlam


North Vancouver


New Westminster


Squamish


Tsawwassen


White Rock


Port Coquitlam


Port Moody


Fraser Valley Board Area


Surrey


Langley


Pitt Meadows


Maple Ridge


Abbotsford


Chilliwack and District Board Area


Note, the Chilliwack and District Board Area (CADREB) denotes the Median Sales Price rather than the Benchmark Price. The CADREB does not have a benchmark price available for record.

See Benchmark Prices Infographics for October 2019 here. 

Our rennie intelligence team comprises our in-house demographer, senior economist, and market analysts. Together, they empower individuals, organizations, and institutions with data-driven market insight and analysis. Experts in urban land economics, community planning, shifting demographics, and real estate trends, their strategic research supports a comprehensive advisory service offering and forms the basis of frequent reports and public presentations. Their thoughtful and objective approach truly embodies the core values of rennie.

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intelligence

As the weather got warmer in June, home sales and prices in the Vancouver Region cooled following another (somewhat surprising) interest rate hike by the Bank of Canada. Market conditions continue to favour sellers despite total listings increasing for the fifth straight month.

Allison Lafrenier
RENNIE ADVISOR
intelligence

In March, total MLS sales rose by 50% from February, which was a much larger jump than the typical 28% increase. Last month’s total of 4,022 sales, however, was 25% below the past 10-year March average. Inventory, on the other hand, only increased by 3% from the previous month and ended March 25% b…

Allison Lafrenier
RENNIE ADVISOR
intelligence

Benchmark Price Infographics for detached, townhomes, and condos in the areas of the Vancouver Region covered in the monthly rennie review.

Allison Lafrenier
RENNIE ADVISOR