the coachella valley rennie advance | July 2025
Jul 03, 2025
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The gap in recent sales activity versus long-term averages continues to widen in the Coachella Valley. Reduced demand has allowed inventory to build, bringing active listings closer to historical norms.
The rennie advance is a monthly publication which includes a brief summary of the latest regional housing sales and listing activity, produced the same morning as the data is released.
Our rennie intelligence division comprises our head economist, market analysts, and data scientists. Together, they empower individuals, organizations, and institutions with data-driven market insight and analysis. 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 supports a comprehensive advisory service and forms the basis of frequent reports and public presentations, covering the Vancouver, Kelowna, Victoria, Seattle, and Coachella Valley marketplaces. Their thoughtful and objective approach embodies the core values of rennie.
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In this episode, rennie’s Head Economist and Vice President of Intelligence Ryan Berlin and Lead Analyst and Market Intelligence Manager Ryan Wyse sit down with rennie advisor Shawn Wentworth to unpack market uncertainty, buyer sentiment, and whether recent policy moves—like the Bank of Canada’s rate decisions and the GST exemption for first-time buyers—are enough to move the dial on home sales.
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