Benchmark Prices - November 2020

Here are the latest Benchmark Price Infographics for the areas of the Lower Mainland covered in the monthly rennie review.

Greater Vancouver Board Area




Vancouver East




Vancouver West



Burnaby North



Burnaby East



Burnaby South



Richmond



Coquitlam



North Vancouver



New Westminster



Squamish



Tsawwassen



White Rock



Port Coquitlam



Port Moody



Fraser Valley Board Area



Surrey



Langley



Pitt Meadows



Maple Ridge



Abbotsford



Chilliwack District Board Area


Note, the Chilliwack and District Board Area (CADREB) denotes the Median Sales Price rather than the Benchmark Price. The CADREB does not have a benchmark price available for record.

See Benchmark Prices Infographics for October 2020

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

Benchmark prices increased in the Vancouver Region for the second consecutive month, even as borrowing costs remain elevated. The enduring sellers’ market reflects increasing sales counts against a backdrop of stagnant inventory.

Sarah Panther
RENNIE ADVISOR
intelligence

The uptick in home-buying activity that was seen in March continued through April, making it two consecutive months of more than 4,000 MLS sales in the Vancouver Region. And thanks in part to inventory only marginally growing in April, conditions once again favoured sellers, thereby continuing to p…

Sarah Panther
RENNIE ADVISOR
intelligence

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

Sarah Panther
RENNIE ADVISOR