the rennie landscape - Spring 2021

The past year has been like no other, with the ongoing Covid-19 pandemic disrupting how we work and how we socialize. As we rigorously and persistently monitor our economy and our housing market, we have grown almost accustomed to extreme data points, describing such things as record household savings, unprecedented public debt accumulation, rock-bottom interest rates, and immigration flows that, at one point, all but dried up.   

Twice a year, rennie intelligence produces the rennie landscape, that tracks a variety of demographic and economic indicators that directly and indirectly influence our housing market here 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 for the real estate market.

Our rennie intelligence team comprises our in-house demographer, senior economist, and market analysts. Together, they empower individuals, organizations, and institutions with data-driven market insight and analysis. Experts in urban land economics, community planning, shifting demographics, and real estate trends, their strategic research supports a comprehensive advisory service offering and forms the basis of frequent reports and public presentations. Their thoughtful and objective approach truly embodies the core values of rennie.

Get the data.

Receive insights, analysis, and perspective from our rennie intelligence team on the Lower Mainland’s real estate market.
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A monthly report providing insights into sales, listings, and pricing trends throughout the Vancouver Region's housing resale market.

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Here are the number of actively-selling, sold-out, and contemplated woodframe pre-sale homes by sub-market and estimated year of completion.

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The demand for detached homes, townhomes, and condos persisted at an elevated level in February across every area in the Vancouver Region; against the backdrop of limited listings, prices have been driven up. Expect conditions to change later this year.