the rennie advance - November 2020

The sales surge that began in July 2020 after suppressed activity in Q2 continued into October, with the Vancouver Region tallying more sales last month than in any October since at least 1980.

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. 

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intelligence

The rennie review is a monthly publication which includes the latest real estate data for the Vancouver Region's housing market. In addition to presenting detailed neighbourhood-level stats, the rennie review also includes current rennie projects, featured listings, client testimonials, our take on…

Allison Lafrenier
RENNIE ADVISOR
intelligence

Benchmark prices increased in the Vancouver Region for the second consecutive month, even as borrowing costs remain elevated. The enduring sellers’ market reflects increasing sales counts against a backdrop of stagnant inventory.

Allison Lafrenier
RENNIE ADVISOR
intelligence

The full-year numbers characterizing Vancouver’s housing market in 2022 belie two distinct 6-month stretches, the latter of which concluded with December’s 1,963 MLS sales marking a 6th-straight month of fewer than 3,000 transactions—the most protracted slowdown in a decade.

Allison Lafrenier
RENNIE ADVISOR