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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A monthly report providing insights into sales, listings, and pricing trends throughout the Vancouver Region's housing resale market.

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
intelligence

Benchmark Price Infographics for detached, townhomes, and condos in the areas of Vancouver region covered in the monthly rennie review.

Ester Hsieh
Personal Real Estate Corporation