the rennie advance - July 2021

Both the demand and supply side of the Vancouver Region’s resale market slowed in June, with sales slipping for the 3rd straight month and inventory declining for the first time in 3 months.

The latest rennie advance provides a summary of sales, listings, and pricing trends in the Vancouver region, 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. 

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

Changing household compositions, such as the increase in one-person and roommate households, and the rise in older adult children living with their parents, will have implications for our housing stock.

Allison Lafrenier
RENNIE ADVISOR
intelligence

It’s horses for courses when it comes to inflation, with the price escalation experience varying significantly from coast-to-coast.Inflation isn’t as uniform and ubiquitous as it is often treated. Consumer prices rise more quickly or slowly in different parts of the country. Additionally, the speci…

Allison Lafrenier
RENNIE ADVISOR
intelligence

After years of neglect, Metro Vancouver’s purpose-built rental market is finally being tended to through the addition of thousands of new homes. Across Canada, purpose-built rental markets have been the recipients of inadequate attention—at least insofar as new supply is concerned. Here in Metro Va…

Allison Lafrenier
RENNIE ADVISOR