Market IntelligencePre sale resale

Supply Running Dry, Leaving Fewer Homes to Buy - August 2021

 

Aug 24, 2021

Written by 

Ryan Berlin

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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.   Episode #22: Supply Running Dry, Leaving Fewer Homes to Buy - August 2021In this episode, we join Ryan Berlin, Senior Economist and Director of rennie intelligence, along with rennie advisor and rennie leader, Danny Chow, to review the latest residential data for the Vancouver Region and discuss three key insights gleaned in July 2021:

  • Supply is running dry, leaving fewer homes for people to buy.
  • Sales remain elevated, though the recent trend has been one of slowing activity.
  • Prices are holding (fairly) firm despite the lack of market churn.

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Featured guests

Ryan Berlin, Senior Economist and Director of Intelligence

Danny Chow, rennie advisor  

Additional reading

the rennie review - August 2021

the rennie advance - August 2021

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.

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Written by

Ryan Berlin

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Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.

Disclaimer: This is not an offering for sale. Any such offering can only be made by way of disclosure statement. E&OE. The developer reserves the right to make changes and modifications to the information herein without prior notice. Photos and renderings are representational only and may not be accurate.