Inflated Rates, Deflated Demand, and Prices in Decline - November 2022

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 #44: Inflated Rates, Deflated Demand, and Prices in DeclineIn this episode, we join Managing Broker, Justine Loo, Senior Economist and Director of rennie intelligence, Ryan Berlin, Senior Analyst, Ryan Wyse, along with rennie advisor, Salina Kai, to review the latest residential data for the Vancouver Region and discuss three key insights gleaned in October 2022:

• The performance of our housing market is being singularly influenced by one factor-inflation-more than at any point in recent memory
• We’re in the midst of a market slowdown that we haven’t experienced in ten years
• Beware... median and average price changes

Listen to the rennie podcast here:

Featured guests:

Justine Loo, Managing Broker

Ryan Berlin, Senior Economist and Director of Intelligence

Ryan Wyse, Senior Analyst, Intelligence  

Salina Kai, rennie advisor

Additional reading

the rennie review - November 2022

the rennie advance - November 2022

The rennie podcast was created as another way of sharing our passion for homes, housing, community, and cities. We hope that this will spark the same curiosity in you that we have for everything real estate.

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