Market IntelligenceEconomy

the rennie landscape - Fall 2021

 

Oct 14, 2021

Written by 

Ryan Berlin

SHARE THIS

Much has changed since we last published a rennie landscape back in the spring, and we dare say most of it is for the better. Across Canada among eligible people, more than 80% are fully vaccinated--one of the highest such rates in the world--putting us in a position to realistically consider what our world will look like as we emerge from the pandemic.

And emerging we are. More and more people are working (if not as much as they would like just yet), monetary and fiscal policies are becoming less expansionary, and business confidence is high.  

For those of us here in British Columbia, our labour market has been benefiting from demographic tailwinds blowing in from other parts of the country, and there are signs that international migration is beginning to return to typical levels. Things are looking up. Twice a year, rennie intelligence produces the rennie landscape, that tracks a variety of demographic and economic indicators that directly and indirectly influence our housing market here in Metro Vancouver. Our goal is to provide our community with a basis for evaluating the trajectory of the factors that collectively define the context for the real estate market.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

SHARE THIS

Subscribe to weekly market insights

Receive insights, analysis, and perspective from our rennie intelligence team on the Lower Mainland’s real estate market.

Related

blog-feature-media-clsmgmccy4r580au6z5m8fez8
US inflation remains stubborn, CPI up 0.3% in January
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.

Feb 2024

Article

4min Read

blog-feature-media-clsfcbu5c58dl09suv0n63pp3
an undersupplied rental market
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.

Feb 2024

Article

thoughtful real estate.

rennie & associates realty ltd

copyright © 2024 rennie all rights reserved

3.24

privacy policy

terms

MLS® Reciprocity

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.