the rennie advance - June 2019

Compared to April, a surge in buying activity in May saw sales move closer to last year's levels. This resulted in the sales gap closing for a 5th consecutive month, with May 2019's sales only 6% below those of May 2018.  

See the latest rennie advance, a summary of sales and listings trends in the Greater Vancouver board area, compiled and released by rennie intelligence ahead of the Real Estate Board of Greater Vancouver Stats. 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.