the rennie advance - June 2023
Jun 01, 2023
Written by
Ryan BerlinSHARE THIS
Prices continued to climb in May, with the Vancouver Region recording its first month of over 5,000 MLS sales since March 2022. New listings are gaining steam, it’s true, but overall supply remains low, which continues to tilt the real estate landscape toward sellers as we head into the summer season.The rennie advance is a monthly publication which includes a brief summary of the latest regional housing sales and listing activity, produced the same morning as the data is released.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.
Written by
Ryan Berlin
Related
the kelowna rennie review | June 2025
Sales in the Central Okanagan reached their highest level in 23 months in May, though activity remained well below typical seasonal levels. A new GST rebate, signs of improving consumer confidence, and more interest rate cuts could support higher activity later this year.
Jun 2025
Report
the victoria rennie review | June 2025
Greater Victoria registered its fewest sales in May in over a decade, and inventory surpassed 3,000 homes for the first time since 2015. A new GST rebate, signs of improving consumer confidence, and more interest rate cuts could support higher activity later this year.
Jun 2025
Report