Jan 15, 2024
SHARE THIS
The Vancouver Region experienced declines in both home sales and listings last year as high interest rates weighed on housing market activity. With above-average inventory to start the year, a change in narrative could be on the horizon.
The rennie review is a monthly publication that includes our take on the latest MLS data for the Vancouver Region. In addition to presenting neighbourhood-level stats, it includes information on current rennie projects, a selection of featured listings, and insightful commentary on how and why the market is changing.
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.
SHARE THIS
Related
Greater Victoria’s housing market saw a slow start to spring with the lowest sales count for March in over a decade. Conversely, inventory has grown to its highest level for the month in almost as long.
Apr 2024
Report
Recent trends of lagging sales counts across the Central Okanagan carried on in March. And while overall market conditions continue to favour buyers, pockets of the market remain notably tight - particularly for lower-priced homes.
Apr 2024
Report