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the rennie landscape - Q2 2019

 

Jul 09, 2019

Written by 

Ryan Berlin

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Metro Vancouver's economy is leading the way among metros across Canada. With its historically-low unemployment rate, robust job and wage growth, and an increasingly accommodating borrowing environment, we expect balanced housing market conditions to continue to prevail across the region for the foreseeable future. Continually evolving demographic trends are driving the need for new housing supply, while an abundance of interventionist housing policies combined with solid economic fundamentals over the past quarter have helped to stabilize the market. Each quarter, rennie intelligence produces the rennie landscape, that tracks a variety of demographic and economic indicators that directly and indirectly influence our housing market here in Metro Vancouver. Our goal is to provide our community with a basis for evaluating the trajectory of the factors that collectively define the context for the real estate market.

Written by

Ryan Berlin

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Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.

Disclaimer: This is not an offering for sale. Any such offering can only be made by way of disclosure statement. E&OE. The developer reserves the right to make changes and modifications to the information herein without prior notice. Photos and renderings are representational only and may not be accurate.