Market IntelligenceEconomy

The Rennie Landscape Q4

 

Jan 16, 2020

Written by 

Ryan Berlin

SHARE THIS

Here is the fourth edition of the rennie landscape, a quarterly publication that tracks a variety of demographic and economic indicators that influence our housing market here in Metro Vancouver.

While Metro Vancouver’s housing market shifted into consistent positive sales comps in Q3 and has continued along this new trajectory in Q4, the story told by the broader contextual data was more reserved in Q4 than in the previous quarter. That said, trends in virtually all of the region’s (and the country’s) economic fundamentals remained positive in the final three months of 2019; those in turn, combined with recessionary fears having moved to the back-burner, have set the stage for the region to continue its recent trend of continued population and job growth and rising home sales. 

Read the full publication here --> http://bit.ly/2QGy4mt

Written by

Ryan Berlin

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-cm0ft1qm63l5a06u3w6888ww4
wages sticky, but job growth sickly
Currently-elevated earnings growth isn’t sufficient, on its own, to dull the Bank of Canada’s desire to lower borrowing costs, which we expect it to do at least twice over the course of its three remaining meetings in 2024.

Aug 2024

Article

5 min read

blog-feature-media-cm074pcow67t008u0cqyqq7cu
the recent upending of retail spending
With today’s release of another month’s worth of new retail sales data from Statistics Canada, we have the opportunity to evaluate the spending patterns of Canadians in June as they continue to navigate today’s high prices and restrictive interest rate environment.

Aug 2024

Article

3 min read

  • Find a Home

rennie & associates realty ltd

copyright © 2024 rennie all rights reserved

3.24.1

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.