the vancouver rennie review | September 2025
Sep 15, 2025
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The Canadian economy and labour market have weakened notably in recent months. While the Bank of Canada has held its policy rate steady for much of this year, more rate cuts are now on the horizon as the housing market prepares for the busier fall season.
The vancouver 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 division comprises our head economist, market analysts, and data scientists. 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, Seattle, and Coachella Valley marketplaces. Their thoughtful and objective approach embodies the core values of rennie.
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The number of homes that came to market in the Central Okanagan last month was a near-record for September. In spite of that, inventory fell for a third consecutive month and, for the first time since March 2022, was down year-over-year.
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Coachella Valley housing sales dipped slightly in September, as is the typical pattern, though attached home sales expanded last month. New listings and inventory, meanwhile, both expanded as the peak season approaches.
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