Historically High Buying Activity Continues - March 2021
Mar 16, 2021
Written by
Ryan BerlinSHARE THIS
The rennie podcast is about the real estate market and the people connected by it. Tune in for monthly discussions making sense of the latest market data and to hear from an array of industry experts helping us answer big real estate questions about demographics, economics, urban planning, and design. Episode #12: Historically High Buying Activity Continues - March 2021In this episode, we join members of the rennie intelligence team, Ryan Berlin and Bowen Behan Pausey, along with rennie advisor, Lorenzo Daminato, to review the latest residential data for the Vancouver Region and discuss three key insights gleaned in February 2021:
- Historically-high demand in February was a feature of all home-type segments and all areas within the Vancouver region
- Home price growth has accelerated due to inadequate supply being available to would-be buyers.
- Market activity is likely to normalize later this year.
Written by
Ryan Berlin
Related
the victoria rennie review | November 2025
Greater Victoria experienced a bump in sales in October, and activity moved closer to long-run average levels. A look at the months of inventory metric across the region shows great diversity in supply-demand conditions geographically and across home types.
Nov 2025
Report
real (estate) talk | November 2025
The 2025 federal budget may have included piles of new spending and initiatives, but there were few with respect to housing. On its own, it will do little to improve housing affordability or stimulate new construction.
Nov 2025
Article