the rennie review | September 2023
Sep 15, 2023
Written byRyan Berlin
Both our housing market and our labour market are showing signs of being impacted by the virtually unprecedented upward march of interest rates that began at the beginning of 2022. These changes will bring some challenges, but they may also usher in a period of moderating borrowing costs.The rennie review is a monthly publication which includes the latest real estate data for the Vancouver Region's housing market. In addition to presenting detailed neighbourhood-level stats, the rennie review also includes current rennie projects, featured listings, client testimonials, our take on the latest market conditions, and more.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.
the kelowna rennie advance | March 2024
Home sales may have increased across the Central Okanagan in February, but only relative to January’s low total. When compared to previous Februarys' counts, last month’s tally was the lowest since 2013. Meanwhile, supply is expanding at an accelerating rate.
the victoria rennie advance | March 2024
Home sales in Greater Victoria are growing steadily to start the year, but they remain below historical levels and are struggling to expand at the rate of inventory.