Feb 25, 2022
Written by
Ryan BerlinSHARE THIS
Metro Vancouver continues to have the lowest purpose-built rental vacancy rate among major Canadian markets and, at 1.2%, the region’s vacancy rate is now almost on par with its pre-pandemic level. This low rate, combined with what is anticipated to be historically-high in-migration to the region, will almost certainly yield a very tight rental market through the balance of 2022.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.
Written by
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Twice a year, rennie intelligence produces the rennie landscape, which tracks a variety of demographic and economic indicators that directly and indirectly influence the housing markets of Metro Vancouver, Greater Victoria, and the Central Okanagan. Our goal is to provide our community with a basis for evaluating the trajectory of the factors that collectively define the context of the real estate market.
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