Market IntelligenceEconomy

Asymmetry in Vancouver's Housing Market Explained - July 2022

 

Jul 20, 2022

Written by 

Ryan Berlin

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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

Listen to the rennie podcast here:

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Featured guests

Justine Loo, Managing Broker

Ryan Wyse, Senior Analyst, Intelligence  

Paul Wong, rennie advisor 

Additional reading

the rennie review - July 2022

the rennie advance - July 2022

The rennie podcast was created as another way of sharing our passion for homes, housing, community, and cities. We hope that this will spark the same curiosity in you that we have for everything real estate.

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Written by

Ryan Berlin

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Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.

Disclaimer: This is not an offering for sale. Any such offering can only be made by way of disclosure statement. E&OE. The developer reserves the right to make changes and modifications to the information herein without prior notice. Photos and renderings are representational only and may not be accurate.