the rennie advance - September 2021
Sep 02, 2021
Written by
Ryan BerlinSHARE THIS
It was an atypically busy month for sales activity by August standards, which helped push inventory down to a record low for the month. As a result market conditions continue to favour sellers.The latest rennie advance provides a summary of sales, listings, and pricing trends in the Vancouver region, 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
Related
Inflation is once again top of mind with the war in Iran driving up energy prices globally. Home sales in Greater Victoria through the first three months of this year were at their second-lowest level in more than a decade.
Apr 2026
Report
Rising energy prices as a result of the war in Iran have rekindled inflation concerns and put upward pressure on interest rates. Sales in the Central Okanagan remained above last year’s level in March, but inventory was notably lower, leading to tighter market conditions.
Apr 2026
Report