rennie intelligence insights - November 2020

Nov 13, 2020

Written by

Ryan Berlin

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The rennie podcast is about everything real estate for the real estate interested. 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. Episode #5 - rennie intelligence insights - November 2020In this episode, podcast host, Peter Edmonds, sits down with members of the rennie intelligence team, Ryan Berlin and Bowen Behan Pausey, to review the latest residential data for the Vancouver Region and discuss three key insights gleaned in October 2020:

Sales hit an all-time high for October home sales in the Vancouver Region.
As sales have risen, inventory has contracted, thereby nudging prices upwards.
Employment has bounced back in a major way, but a full recovery is a long way off.

Listen to the rennie podcast here:

Featured guests

Ryan Berlin, Senior Economist and Director, rennie intelligence

Bowen Behan Pausey, Business Data Analyst, Housing

Additional reading

the rennie review - November 2020

the rennie advance - November 2020

The rennie podcast was created as another way of sharing our passion for homes, housing, community, and cities. We hope that this will spark the same curiosity in you that we have for everything real estate.

Receive insights, analysis, and perspective from our rennie intelligence team on the Lower Mainland’s real estate market. Register here for the latest market updates.

Written by

Ryan Berlin

Written by

Ryan Berlin

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rennie intelligence insights - November 2020

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

The number of homes that came to market in the Central Okanagan last month was a near-record for September. In spite of that, inventory fell for a third consecutive month and, for the first time since March 2022, was down year-over-year.