Market IntelligenceEconomy
rennie intelligence insights - December 2020
 

Dec 14, 2020

Written by 

Ryan Berlin

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The rennie podcast is about everything real estate for the real estate interested. Tune in for monthly discussions making sense of the latest market data and to hear from an array of industry experts helping us answer big real estate questions about demographics, economics, urban planning, and design.   Episode #8 - rennie intelligence insights - December 2020In this episode, we join members of the rennie intelligence team, Ryan Berlin and Bowen Behan Pausey, to review the latest residential data for the Vancouver Region and discuss three key insights gleaned in November 2020: 

  • There's a spring in the step of the fall market: November tallied over 5,000 sales in November, making it the 3rd most active November on record.
  • South of the Fraser markets have been more active than those North of the Fraser: November sales were 76% higher in the Fraser Valley Board area vs. 28% higher in the Greater Vancouver board area.
  • We'll see more housing tailwinds than headwinds in 2021, setting the stage for an active housing market next year. 

Listen to the rennie podcast here:

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Featured guests

Ryan Berlin, Senior Economist and Director, rennie intelligence

Bowen Behan Pausey, Business Data Analyst, Housing

Additional reading

the rennie review - December 2020

the rennie advance - December 2020

The rennie podcast was created as another way of sharing our passion for homes, housing, community, and cities. We hope that this will spark the same curiosity in you that we have for everything real estate. 

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Written by

Ryan Berlin

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Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.

Disclaimer: This is not an offering for sale. Any such offering can only be made by way of disclosure statement. E&OE. The developer reserves the right to make changes and modifications to the information herein without prior notice. Photos and renderings are representational only and may not be accurate.