rennie review - May 2017


Each month, rennie intelligence produces the rennie review, which includes the latest real estate data for Vancouver and the Lower Mainland. In addition to presenting detailed neighborhood-level stats, the rennie review also includes current rennie projects, featured listings, client testimonials, our take on the latest market conditions, and more.

For your reading pleasure, please click here for the May 2017 edition of the rennie review.


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British Columbia needs to almost triple its annual average number of housing starts from the past five years in order to fully meet the housing needs of new and existing residents by 2030.The Canada Mortgage & Housing Corporation (CMHC), a federal crown corporation and Canada’s national housing…

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Sales activity in the Vancouver Region continued to slow for the fourth-consecutive month in July, while inventory declined for the first time in 6 months. This series of events has created balanced conditions in the overall market, and conditions favouring buyers’ in the region’s detached home mar…

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June was characterized by below-average sales activity and a continued expansion of inventory, which in turn yielded marginal price declines both north and south of the Fraser River.SalesMLS sales in the Vancouver region slowed to 3,683 in June, which was down by 13% from May, again exceeding the t…