the rennie advance - March 2020

Detached home and condo prices saw increases both year-over-year and month-over-month in February 2020 as inventory remained low. Sales, although below its 10-year historical February average, moved into an 8th consecutive month of double-digit year-over-year increases.

The latest rennie advance provides a summary of sales, listings, and pricing 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. 

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

Swelling supply and declining demand have conspired to create more moderate conditions in the housing market of the Vancouver Region—so much so, in fact, that for the first time in two years the detached home segment shifted into balanced territory.The rennie review is a monthly publication, which …

Ester Hsieh
Personal Real Estate Corporation
intelligence

Sales activity in the Vancouver Region continued to slow in May, leading to a continued expansion of inventory. And for the first time since May 2020, conditions in the region’s detached home market are balanced.SalesTotal MLS sales in the Vancouver Region in May were 4,249, which was down by 12% v…

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