the rennie advance - May 2019

While many buyers continued to weigh their options in April, multi-family prices ticked upwards as the sales gap versus 2018 narrowed for a fourth consecutive month.   

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

Our rennie intelligence division empowers 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

June was characterized by below-average sales activity and a continued expansion of inventory, which in turn yielded marginal price declines both north and south of the Fraser River.SalesMLS sales in the Vancouver region slowed to 3,683 in June, which was down by 13% from May, again exceeding the t…

Ester Hsieh
Personal Real Estate Corporation
intelligence

Sales activity in the Vancouver Region continued to slow for the fourth-consecutive month in July, while inventory declined for the first time in 6 months. This series of events has created balanced conditions in the overall market, and conditions favouring buyers’ in the region’s detached home mar…

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