the rennie landscape - Fall 2020

The unexpected and unprecedented changes that occurred globally in the wake of the covid-19 outbreak derailed an economic expansion that was into its tenth year here in Canada. While virtually all economic, demographic, and housing market measures swiftly and significantly diverged from trend beginning in March, prompt fiscal and monetary responses combined with a slow-but-steady re-opening plan for the economy worked to rehabilitate the labour market. Here in Metro Vancouver, the housing market has shown considerable resilience and is likely to remain active for the foreseeable future due to low-interest rates and a recovering economy.   

Twice a year, rennie intelligence produces the rennie landscape, that tracks a variety of demographic and economic indicators that directly and indirectly influence our housing market here in Metro Vancouver. Our goal is to provide our community with a basis for evaluating the trajectory of the factors that collectively define the context for the real estate market.

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

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

Joanne Hoekstra
RENNIE ADVISOR
intelligence

With the housing market momentum generated in the second half of 2020 carrying right through the winter holidays and into 2021, January set a record for MLS sales. In turn, the number of homes available for sale has dwindled.

Joanne Hoekstra
RENNIE ADVISOR
intelligence

A detailed monthly report providing insights into sales, listings, and pricing trends throughout Metro Vancouver's housing resale market.

Joanne Hoekstra
RENNIE ADVISOR