What You Need to Know About Consumer Sentiment in Metro Vancouver
Mar 02, 2022
Written byRyan Berlin
A recent survey of Metro Vancouver residents, conducted by rennie intelligence in collaboration with Mustel Group, reveals an expectation of continued housing market opportunities despite challenges that include rising interest rates and high prices.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.
This week, the Bureau of Labor Statistics released its latest reading of the Consumer Price Index (CPI) and, with it, the prospect of a near-term rate cut took another hit.
At the start of every year we wait with baited breath for the annual CMHC rental market report, released in late January and pegged to the prior October, for an update on rental markets across Canada.