the rennie advance - April 2021

With the highest sales count on record for the Vancouver Region, demand continues to deplete new supply in the market, pushing prices upwards.

The latest rennie advance provides a summary of sales, listings, and pricing trends in the Vancouver region, 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. 

Get the data

Receive insights, analysis, and perspective from our rennie intelligence team on the Lower Mainland’s real estate market.
Thank you for subscribing!
intelligence

Elevated borrowing costs continue to sideline would-be home buyers in the Vancouver Region, with September's sales failing to surpass the 3,000-mark for the first time since February.

Ester Hsieh
Personal Real Estate Corporation
intelligence

Higher interest rates, combined with concerns the hiking hasn’t yet been halted, continue to impact the Vancouver Region’s housing market, with home sales falling for a third consecutive month in August and inventory shrinking for the first time in six months.

Ester Hsieh
Personal Real Estate Corporation
intelligence

Though October brought directional changes in sales counts and listings from September, the Central Okanagan’s housing market otherwise bore a strong resemblance to the previous month, with buyers’ market conditions continuing to persist.

Ester Hsieh
Personal Real Estate Corporation