the rennie landscape - Q3 2019
Sep 25, 2019
Written by
Ryan BerlinSHARE THIS
After 18 months of sliding sales, increasing inventory, and placid prices, the trajectory of Metro Vancouver's housing market is poised to change. A recent re-emergence of previously sidelined demand has coincided with some of the fastest employment growth and wage growth in Canada, with the unemployment rate being driven to a near-historical low.
These factors, combined with continued population growth in Metro Vancouver and an interest rate environment that has gone from market headwind to definitive tailwind over the past 10 months, bode well for the region's pre-sale and resale markets. Each quarter, 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.
Written by
Related
The Spring 2026 rennie Landscape is here, and it paints a picture of a housing market adjusting to an ever-evolving set of macroeconomic and geopolitical conditions. Ryan Berlin (Vice President of Intelligence and Chief Economist) and Ryan Wyse (Market Intelligence Manager and Lead Analyst) walk through what's shaping the market right now, from a weak labour market backdrop, to population decline, to rising housing inventory. They also look at what record rental vacancy and continued price softness mean for renters, owners, and the market ahead.
Apr 2026
Podcast
We are pleased to present our Spring 2026 edition of the rennie landscape. Focusing on Greater Victoria, this edition of the rennie landscape examines various facets of economic and demographic change, to provide clarity on the forces shaping our housing markets and and consider what the future may hold.
Apr 2026
Report