the rennie advance - May 2021

Huge year-over-year changes in sales counts in April were a product of elevated demand levels in the current market combined with suppressed sales activity from one year ago. Prices have responded as might be expected, rising by up to 26%.

The latest rennie advance provides a summary of sales, listings, and pricing trends in the Vancouver region, 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. 

Get the data

Receive insights, analysis, and perspective from our rennie intelligence team on the Lower Mainland’s real estate market.
intelligence

In-depth semi-annual analysis on a range of real estate, economic, land use, and planning policy forces that shape our communities.

Joanne Hoekstra
RENNIE ADVISOR
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…

Joanne Hoekstra
RENNIE ADVISOR
intelligence

A brief monthly summary of the latest regional housing sales and listing activity, produced the same morning as the data is released.

Joanne Hoekstra
RENNIE ADVISOR