benchmark prices | May 2026
May 20, 2026
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Our rennie intelligence team comprises our chief economist, senior demographer, market analysts, and business intelligence analysts. Together, they empower individuals, organizations, and institutions with data-driven market insights and analyses. Experts in real estate dynamics, urban land economics, the macroeconomy, shifting demographics, and data science, their industry-leading data acquisition, analytical systems, and strategic research support a comprehensive advisory service and forms the basis of frequent reports and public presentations, covering the Vancouver, Victoria, Kelowna, Seattle, Coachella Valley, and San Diego markets. Their thoughtful and objective approach embodies the core values of rennie.
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Sales and listings both contracted in the Coachella Valley in April and remained well below typical levels for the month. With rising bond yields pushing mortgage rates higher, buyers are likely to remain cautious in the coming months.
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Listings have risen to new heights in King County while sales counts once again came in subdued last month. With rising bond yields pushing mortgage rates higher, buyers are likely to remain cautious in the coming months.
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