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This week

The latest jobs data from Statistics Canada point to a continued slowing in the economy, with the national unemployment rate up to 5.8%

MLS sales in the Vancouver region remain sluggish, with November's 2,529 transactions down 13% from October and 35% below the past-decade average.

Signs point to a rate hold by the Bank of Canada at their next meeting on December 6th.

the rennie landscape | Vancouver | Fall 2023

Twice a year, rennie intelligence produces the rennie landscape, which tracks a variety of demographic and economic indicators that directly and indirectly influence our housing market in Metro Vancouver. Our goal is to provide our community with a basis for evaluating the trajectory of the factors that collectively define the context of the real estate market.

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With Ryan Berlin

it’s finally safe to say that rates have peaked
2023-11-01 • Episode 57



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The typical October spike in sales was absent from the Vancouver Region’s housing market as high interest rates continued to weigh on demand. Instead, it was the supply side of the ledger that saw an increase last month—another seasonal anomaly.

Ryan Berlin

Senior Economist and VP of Intelligence

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Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.

Disclaimer: This is not an offering for sale. Any such offering can only be made by way of disclosure statement. E&OE. The developer reserves the right to make changes and modifications to the information herein without prior notice. Photos and renderings are representational only and may not be accurate.