the rennie review | September 2023
Sep 15, 2023
Written by
Ryan BerlinSHARE THIS
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.
Written by
Ryan Berlin
Related
real (estate) talk | July 2024
It’s been a few weeks since the Bank of Canada’s first 25-basis-point interest rate cut and so far it appears that the arrival of lower rates has done little to stimulate housing demand.
Jul 2024
Report
the victoria rennie review | July 2024
Greater Victoria has consistently had the tightest supply conditions among BC’s major markets since 2016, but a recent increase in inventory, combined with depressed sales activity, means buyers don’t have to go inland for more housing options.
Jul 2024
Report