the rennie outlook 2022
Feb 03, 2022
Written by
Ryan BerlinSHARE THIS
Each year, rennie intelligence puts together a report describing short- and long-term housing, demographic, and economic changes expected in the Lower Mainland and how these changes will affect future demand as it compares to expected new housing supply in the year ahead.
In this 2022 edition, we provide our outlook for Metro Vancouver in the year ahead, including record immigration levels, rising interest rates, and a continued elevated activity in our resale and pre-sale markets.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.
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Join Ryan Berlin (Head Economist and VP Intelligence), Ryan Wyse (Market Intelligence Manager and Lead Analyst), and rennie President Greg Zayadi as they reflect on a difficult year for housing and look ahead to what may come next. They discuss record-low sales, elevated listings, and a soft rental market, alongside labour market shifts and interest rate expectations. Greg brings a long-view perspective on how this moment compares to past cycles, why this slowdown does not look like 2008, and what confidence, patience, and preparation mean for buyers, sellers, and developers as 2026 begins.
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