the vancouver rennie advance | May 2024
May 01, 2024
SHARE THIS
New listings counts in the Vancouver Region reached their second-highest total for April in the past decade and contributed to inventory growing to its highest monthly total in almost four years, as a wave of policy changes is likely moving some owners to sell.
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.
Related
August is already a slow time for real estate activity in the Vancouver Region, but combine that with high interest rates and elevated home prices and you get something that could be politely described as “exceptionally slow”.
Sep 2024
Report
Victoria hasn’t had this much inventory heading into the fall since 2015. Will buyers take advantage of this choice and the material savings from three Bank of Canada rate cuts, or wait for more cuts? The answer to that will define the fate of this fall market.
Sep 2024
Report