the rennie advance - December 2020

November marked the Vancouver Region's 3rd straight month of MLS sales exceeding 5,000. With the flow of new listings diminishing as the end of 2020 nears, the number of homes available for purchase has declined.

The latest rennie advance provides a summary of sales, listings, and pricing trends in the Greater Vancouver board area, compiled and released by our rennie intelligence team ahead of the Real Estate Board of Greater Vancouver Stats. 

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. 

Get the data.

Receive insights, analysis, and perspective from our rennie intelligence team on the Lower Mainland’s real estate market.
intelligence

Last month was characterized by further declines in supply combined with elevated demand levels, strengthening the vice on an already tight market.

Allison Lafrenier
RENNIE ADVISOR
intelligence

Participation in the region’s housing market waned in June, as both sales and inventory dipped, thanks in part to summer weather and the vaccine.

Allison Lafrenier
RENNIE ADVISOR
intelligence

Here are the number of actively-selling, sold-out, and contemplated concrete pre-sale homes by sub-market and estimated year of completion.

Allison Lafrenier
RENNIE ADVISOR