the rennie advance - May 2020

April home sales and listings declined in Greater Vancouver as social distancing policies muted what would have otherwise been an active spring marketplace. Median prices sagged slightly as buying activity was concentrated on more moderately-priced homes.    

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

The rennie review is a monthly publication which includes the latest real estate data for the Vancouver Region's housing market. In addition to presenting detailed neighbourhood-level stats, the rennie review also includes current rennie projects, featured listings, client testimonials, our take on…

Joanne Hoekstra
RENNIE ADVISOR
intelligence

April marked the third straight month of increasing home sales counts in the Vancouver Region, with buyers keeping up the pressure on supply. Indeed, continued demand combined with new listings lethargy means a material inventory expansion will likely be elusive in the months ahead.

Joanne Hoekstra
RENNIE ADVISOR
intelligence

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

Joanne Hoekstra
RENNIE ADVISOR