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 victoria rennie advance | July 2025
Home sales in Greater Victoria bucked the typical seasonal trend last month to post the busiest June since 2021. Despite major headwinds, sales through the first half of 2025 outpaced each of the last two years.
Jul 2025
Report
the coachella valley rennie advance | July 2025
The gap in recent sales activity versus long-term averages continues to widen in the Coachella Valley. Reduced demand has allowed inventory to build, bringing active listings closer to historical norms.
Jul 2025
Report