the rennie advance - May 2022

After a busy March, sales activity in the Vancouver Region returned to a more typical level in April, accompanied by a continued expansion of inventory. Home prices are, consequently, showing signs of moderating after a two-year run-up.

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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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…

Joanne Hoekstra
RENNIE ADVISOR
intelligence

The expectedly sluggish summer resale market continued into and through August, with sales counts flat and inventory further constrained compared to July, yielding a second straight month of balanced conditions.SalesThe 2,850 MLS sales in the Vancouver Region in August were up–barely— by 0.1% compa…

Joanne Hoekstra
RENNIE ADVISOR
intelligence

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

Joanne Hoekstra
RENNIE ADVISOR