Supply Pales in the Face of Record Sales - May 2021
May 19, 2021
Written by
Ryan BerlinSHARE THIS
The rennie podcast is about the real estate market and the people connected by it. 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 #16: Supply Pales in the Face of Record Sales - May 2021In this episode, we join members of the rennie intelligence team, Ryan Berlin and Bowen Behan Pausey, along with rennie advisor and pre-sale expert, Reggie Tanzola, to review the latest residential data for the Vancouver Region and discuss these key insights gleaned in April 2021:
- Sales and inventory trends are conspiring to deeply embed seller's markets throughout the Vancouver Region.
- Price gains are not showing signs of reversing and could well perpetuate for some time.
Written by
Ryan Berlin
Related
the vancouver rennie advance | April 2026
The Vancouver Region registered its second-fewest March sales in more than two decades. New listings activity through 2026 remains above long-run average levels, but is down from last year’s record pace, and inventory registered its first year-over-year decline in 31 months.
Today
Report
benchmark prices | March 2026
Benchmark price infographics for detached homes, townhomes, and condos are available for sub-markets in the Vancouver Region, Greater Victoria, and Central Okanagan regions.
Mar 2026
Report