the rennie advance - September 2021

It was an atypically busy month for sales activity by August standards, which helped push inventory down to a record low for the month. As a result market conditions continue to favour sellers.

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. 

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

Last month was characterized by further declines in supply combined with elevated demand levels, strengthening the vice on an already tight market.

Michael Miller
RENNIE ADVISOR
intelligence

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

Michael Miller
RENNIE ADVISOR
intelligence

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

Michael Miller
RENNIE ADVISOR