the rennie review - January 2023

The full-year numbers characterizing Vancouver’s housing market in 2022 belie two distinct 6-month stretches, the latter of which concluded with December’s 1,963 MLS sales marking a 6th-straight month of fewer than 3,000 transactions—the most protracted slowdown in a decade.

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 the latest market conditions, and more.

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

As the vice on housing supply loosens, and the one on demand tightens, Vancouver’s housing market is moving in the direction of more balance. Despite this, interest rates and home prices are conspiring to make housing more expensive. 

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
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