the rennie advance - August 2019

While one data point does not make a trend, after 17 months of a negative sales gap, the Greater Vancouver market may have turned a corner. When compared to July of last year, overall sales were up 23%. This was the largest year-over-year increase overall seen since November 2017.

With August traditionally being a slow month in the real estate world, we will be watching how this picture evolves through August and early September.

See the latest rennie advance, a summary of sales and listings trends in the Greater Vancouver board area, compiled and released by our rennie intelligence team ahead of the Real Estate Board of Greater Vancouver Stats. 

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intelligence

A brief monthly summary of the latest regional housing sales and listing activity, produced the same morning as the data is released.

Ester Hsieh
Personal Real Estate Corporation
intelligence

Preliminary projections expect 1.1 million people to be added to Metro Vancouver by 2050.

Ester Hsieh
Personal Real Estate Corporation
intelligence

A brief monthly summary of the latest regional housing sales and listing activity, produced the same morning as the data is released.

Ester Hsieh
Personal Real Estate Corporation