the rennie review - May 2020
May 13, 2020
Written by
Ryan BerlinSHARE THIS
A new pace for housing supply and demand The voluntary shutdown of much of our economy has reduced employment across the country and slowed real estate activity in the Vancouver region. While current conditions are expected to prevail for the next few months, they are temporary.
The rennie review is a monthly publication, which includes the latest real estate data for Vancouver and the Lower Mainland’s housing market. In addition to presenting detailed neighbourhood-level stats, the rennie review also includes current rennie projects, featured listings, client testimonials, our take on the latest market conditions, and more.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
Greater Victoria registered its fewest sales in May in over a decade, and inventory surpassed 3,000 homes for the first time since 2015. A new GST rebate, signs of improving consumer confidence, and more interest rate cuts could support higher activity later this year.
Jun 2025
Report
Economic uncertainty weighed on this year’s spring housing market, which saw the second-fewest sales in over 20 years. A new GST rebate, signs of improving consumer confidence, and more interest rate cuts could support higher activity later this year.
Jun 2025
Report