Market IntelligencePre sale resale

Pre-sale / Resale

Featured

from sea to sky, opportunities abound

The rennie podcast is about the real estate market and the people connected by it. Tune in for monthly discussions making sense of the latest market data and to hear from an array of industry experts helping us answer big real estate questions about demographics, economics, urban planning, and design.

Dec 2024

Podcast

blog-feature-media-cm4ke3pci2nup07sw8gdr1w7h
the seattle rennie review | December 2024
The Federal Reserve cut its key rate by another 25 basis points in December, but expects fewer cuts next year as a result of higher inflation and greater policy uncertainty. This would be a headwind to a more meaningful recovery in housing market activity.

Dec 2024

Report

Buying or selling soon?

We can help you make sense of the market numbers and how they impact you.


Types

card-image
the kelowna rennie review | December 2024

Sales in the Central Okanagan showed signs of strength for the second consecutive month, buoyed by lower mortgage rates and home prices. This trend will continue into the new year, while elevated inventory will mitigate upward pressure on prices.

Dec 2024

Report


card-image
the victoria rennie review | December 2024

Sales through the first 11 months of 2024 in Greater Victoria have already surpassed last year’s total, ending the trend of declining annual sales since 2021. The stronger sales activity witnessed this fall is likely to persist into the New Year.

Dec 2024

Report


card-image
the vancouver rennie review | December 2024

The Bank of Canada used its final meeting of 2024 to implement another 50-basis-point cut. While uncertainty on the direction of the economy and inflation has increased recently, lower interest rates have already changed the trajectory of home sales this fall.

Dec 2024

Report


card-image
bc’s improving sales activity in 6 charts

Home sales across Vancouver, Victoria, and Kelowna have been on a different trajectory this Fall, buoyed by lower interest rates and improving affordability conditions. See what that looks like in six simple charts.

Dec 2024

Article

4mins read


card-image
seattle median sold prices | December 2024

Median sold price infographics for single-family, townhomes, and condos in King County are covered in the monthly rennie review.

Dec 2024

Report


card-image
benchmark prices | December 2024

Benchmark price infographics for detached homes, townhomes, and condos are available for sub-markets in the Vancouver Region, Greater Victoria, and Central Okanagan regions.

Dec 2024

Report


card-image
the kelowna rennie advance | December 2024

For the second consecutive month, sales in the Central Okanagan were up significantly on a year-over-year basis, a clear sign that buyer sentiment has shifted since October. Though sales remained well-below their long-run monthly average, November was the closest that sales have been to average since June 2023.

Dec 2024

Report


card-image
the victoria rennie advance | December 2024

Sales in Greater Victoria were nearly on par with their long-run average for the second consecutive month in November and were up year-over-year for the fifth consecutive month. Paired with a large drop in new listings activity, inventory declined and finished the month below its prior year level for the first time since April 2022.

Dec 2024

Report


card-image
the seattle rennie advance | December 2024

Following an unseasonably strong increase in sales activity in October, King County sales softened in November and remained well-below long-run average levels. That said, a gain relative to November 2023 marked the eighth year-over-year sales increase in the last 11 months.

Dec 2024

Report


card-image
the vancouver rennie advance | December 2024

Sales in the Vancouver Region were up year-over-year for the second consecutive month, a sign that buyer demand has improved this fall from earlier in the year. New listings and inventory remained elevated relative to historical averages, but declined month-over-month in line with typical seasonality.

Dec 2024

Report