Benchmark Prices - June 2020

Here are the latest Benchmark Price Infographics for the areas of the Lower Mainland covered in the monthly rennie review. 

Greater Vancouver Board Area


Vancouver East


Vancouver West


Burnaby East


Burnaby South


Richmond


Coquitlam


North Vancouver


New Westminster


Squamish


Tsawwassen


White Rock


Port Coquitlam


Port Moody


Fraser Valley Board Area


Surrey


Langley


Pitt Meadows


Maple Ridge


Abbotsford


Chilliwack and District Board Area


Note, the Chilliwack and District Board Area (CADREB) denotes the Median Sales Price rather than the Benchmark Price. The CADREB does not have a benchmark price available for record.

See Benchmark Prices Infographics for May 2020 here

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

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…

Jake Kim
RENNIE ADVISOR
intelligence

Here are the latest Benchmark Price Infographics for the areas of the Vancouver Region.Greater Vancouver Board AreaBurnaby EastBurnaby NorthBurnaby SouthCoquitlamNorth VancouverRichmondVancouver EastVancouver WestWest VancouverNew WestminsterSquamishTsawwassenPort CoquitlamPort MoodyFraser Valley B…

Jake Kim
RENNIE ADVISOR
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…

Jake Kim
RENNIE ADVISOR