the rennie landscape - Spring 2021

The past year has been like no other, with the ongoing Covid-19 pandemic disrupting how we work and how we socialize. As we rigorously and persistently monitor our economy and our housing market, we have grown almost accustomed to extreme data points, describing such things as record household savings, unprecedented public debt accumulation, rock-bottom interest rates, and immigration flows that, at one point, all but dried up.   

Twice a year, 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.

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

Here are price per square foot averages for woodframe pre-sale homes, based on the date of each project's first home sale.

Ester Hsieh
Personal Real Estate Corporation
intelligence

The addition of new housing along Metro Vancouver’s public transit network, and specifically along the SkyTrain rapid transit network, will be important in accommodating more than one million new residents over the coming three decades.

Ester Hsieh
Personal Real Estate Corporation
intelligence

Historically-slow population growth in Canada in 2020 was a direct consequence of the pandemic. This transitory phenomenon will give way to increased growth in the coming years.

Ester Hsieh
Personal Real Estate Corporation