Asymmetry in Vancouver's Housing Market Explained - July 2022
Jul 20, 2022
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 #39: Asymmetry in Vancouver's Housing Market ExplainedIn this episode, we join Managing Broker, Justine Loo, Senior Analyst, Ryan Wyse, and rennie advisor, Paul Wong, to review the latest residential data for the Vancouver Region and discuss three key insights gleaned in June 2022:
- Market activity slowed in June, much more than the typical seasonal decline
- The single-family segment is detached from the multi-family market
- Prices have started to decline, but affordability isn’t improving
Written by
Ryan Berlin
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