the rennie review - June 2020
Resilience and green shoots the hallmarks of May's market data

While one month of data does not a trend make, signs of an economic recovery have emerged against the backdrop of a regional housing market that remains balanced.

The rennie review is a monthly publication, which includes the latest real estate data for Vancouver and the Lower Mainland’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 the latest market conditions, and more.

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

British Columbia needs to almost triple its annual average number of housing starts from the past five years in order to fully meet the housing needs of new and existing residents by 2030.The Canada Mortgage & Housing Corporation (CMHC), a federal crown corporation and Canada’s national housing…

Conor Proc
Personal Real Estate Corporation
intelligence

June was characterized by below-average sales activity and a continued expansion of inventory, which in turn yielded marginal price declines both north and south of the Fraser River.SalesMLS sales in the Vancouver region slowed to 3,683 in June, which was down by 13% from May, again exceeding the t…

Conor Proc
Personal Real Estate Corporation
intelligence

Here are the latest Benchmark Price Infographics for the areas of the Vancouver Region.Greater Vancouver Board AreaBurnaby EastBurnaby NorthBurnaby SouthCoquitlamNorth VancouverRichmondVancouver EastVancouver WestWest VancouverNew WestminsterSquamishTsawwassenPort CoquitlamPort MoodyFraser Valley B…

Conor Proc
Personal Real Estate Corporation