Benchmark Prices - December 2020

Here are the latest Benchmark Price Infographics for the areas of the Lower Mainland covered in the monthly rennie review.

Greater Vancouver Board Area




Vancouver East




Vancouver West



Burnaby North



Burnaby East



Burnaby South



Richmond



Coquitlam



North Vancouver



West Vancouver



New Westminster



Squamish



Tsawwassen



White Rock



Port Coquitlam



Port Moody



Fraser Valley Board Area



Surrey



Langley



Pitt Meadows



Maple Ridge



Abbotsford



Chilliwack District Board Area



Note, the Chilliwack and District Board Area (CADREB) denotes the Median Sales Price rather than the Benchmark Price. The CADREB does not have a benchmark price available for record.

See Benchmark Prices Infographics for November 2020

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

Despite rising for the first time in four months, February’s MLS sales were still 36% below the decade-long average for the month here in the Vancouver Region. Inventory also increased for the first time in a while (five months, to be exact), with overall conditions shifting and now favouring selle…

Ester Hsieh
Personal Real Estate Corporation
intelligence

April marked the third straight month of increasing home sales counts in the Vancouver Region, with buyers keeping up the pressure on supply. Indeed, continued demand combined with new listings lethargy means a material inventory expansion will likely be elusive in the months ahead.

Ester Hsieh
Personal Real Estate Corporation
intelligence

Despite February representing the 8th consecutive month with fewer than 3,000 MLS sales in the Vancouver Region, prices increased for all home types. Clues as to why lie in the dynamics of the region’s housing inventory.

Ester Hsieh
Personal Real Estate Corporation