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

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

A monthly report providing insights into sales, listings, and pricing trends throughout the Vancouver Region's housing resale 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