Rennie Review - FEBRUARY 2019

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While the housing market in Greater Vancouver continues to normalize and price softness lingers for now, interest rates remain broadly supportive of overall market activity and buyers are finding up-size opportunities.

Read all about it in the rennie review:

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The rennie review is a monthly publication, which includes the latest real estate data for the Lower Mainland’s housing market. In addition to presenting neighbourhood-level stats, it also includes current rennie projects, featured listings, our take on the latest market conditions, and more.

Please feel free to contact me if you have any questions.

Warmest regards,
Phil

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intelligence

“With properties coming to market at a rate roughly five per cent above the ten-year seasonal average, there seems to be a continuation of the renewed interest on the part of sellers to participate in the market that we’ve been watching this fall,”

Phil Chang
Personal Real Estate Corporation
intelligence

With the benchmark for apartments at $767 thousand dollars, we repeat our call to the provincial government to adjust the $525 thousand dollar threshold exempting first- time home buyers from the Property Transfer Tax. This would better reflect the price of entry-level homes in our
region.

Phil Chang
Personal Real Estate Corporation
intelligence

Home prices continue to rise in Metro Vancouver’s housing market to kick off the summer

Phil Chang
Personal Real Estate Corporation