365 Days Later: Taking Stock of Our Housing Market and Economy
Mar 12, 2021
Written byRyan Berlin
With our world changing in ways we couldn't have expected over the past year, we were surprised by the resilience of our residential real estate market and we endlessly discussed the importance of the 3 i’s: interest rates, immigration, and inflation.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.
This week, the Bureau of Labor Statistics released its latest reading of the Consumer Price Index (CPI) and, with it, the prospect of a near-term rate cut took another hit.
At the start of every year we wait with baited breath for the annual CMHC rental market report, released in late January and pegged to the prior October, for an update on rental markets across Canada.