Market IntelligencePre sale resale
the rennie advance - October 2019
 

Oct 02, 2019

Written by 

Ryan Berlin

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Greater Vancouver's housing market continued to strengthen in September. Year-over-year sales rose by 46%, which was the largest increase since March 2015; meanwhile, year-over-year inventory declined by 4%, which was the first contraction since March 2018. As a reflection of these changing dynamics, median prices have shown signs of stabilizing in 2019.  The latest rennie advance provides a summary of sales and listings trends in the Greater Vancouver board area, compiled and released by our rennie intelligence team ahead of the Real Estate Board of Greater Vancouver Stats. Our rennie intelligence team comprises our in-house demographer, senior economist, and market analysts. Together, they empower individuals, organizations, and institutions with data-driven market insight and analysis. Experts in urban land economics, community planning, shifting demographics, and real estate trends, their strategic research supports a comprehensive advisory service offering and forms the basis of frequent reports and public presentations. Their thoughtful and objective approach truly embodies the core values of rennie.

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.