the vancouver rennie advance | January 2024

Last year came to a close with yet another month of below-average sales counts in the Vancouver Region, putting a wrap on the lowest annual total in four years. On the supply front, 2023 saw the fewest new listings brought to market in 18 years.

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 team comprises our senior economist, market analysts, and business intelligence analysts. 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, and Seattle marketplaces. Their thoughtful and objective approach embodies the core values of rennie.