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The Seattle Rennie Review | September 2024

U.S. got its most clear signal that the Federal Reserve will cut interest rates in September when Jerome Powell gave his speech at Jackson Hole.
September 12, 2024

The U.S. got its most clear signal that the Federal Reserve will cut interest rates in September when Jerome Powell gave his speech at Jackson Hole. More favorable borrowing rates, and more favorable resale conditions, are finally coming.

The seattle rennie review is a monthly publication that includes our take on the latest MLS data for Seattle. In addition to presenting neighbourhood-level stats, it includes information on current rennie projects, a selection of featured listings, and insightful commentary on how and why the market is changing.

Our rennie intelligence team comprises our senior economist, market analysts, and business intelligence analysts. Together, they empower individuals, organizations, and institutions with data-driven market insight and analysis. Experts in real estate dynamics, urban land economics, the macroeconomy, shifting demographics, and data science, their industry-leading data acquisition, analytical systems, and strategic research supports a comprehensive advisory service and forms the basis of frequent reports and public presentations, covering the Vancouver, Kelowna, Victoria, and Seattle marketplaces. Their thoughtful and objective approach embodies the core values of rennie.