the rennie advance - May 2023
May 01, 2023
Written by
Ryan BerlinSHARE THIS
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 put upward pressure on prices.The rennie advance is a monthly publication which includes a brief summary of the latest regional housing sales and listing activity, produced the same morning as the data is released.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.
Written by
Ryan Berlin
SHARE THIS
Related
the victoria rennie review | April 2024
Greater Victoria’s housing market saw a slow start to spring with the lowest sales count for March in over a decade. Conversely, inventory has grown to its highest level for the month in almost as long.
Apr 2024
Report
the kelowna rennie review | April 2024
Recent trends of lagging sales counts across the Central Okanagan carried on in March. And while overall market conditions continue to favour buyers, pockets of the market remain notably tight - particularly for lower-priced homes.
Apr 2024
Report