Supply Pales in the Face of Record Sales - May 2021
May 19, 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 #16: Supply Pales in the Face of Record Sales - May 2021In this episode, we join members of the rennie intelligence team, Ryan Berlin and Bowen Behan Pausey, along with rennie advisor and pre-sale expert, Reggie Tanzola, to review the latest residential data for the Vancouver Region and discuss these key insights gleaned in April 2021:
- Sales and inventory trends are conspiring to deeply embed seller's markets throughout the Vancouver Region.
- Price gains are not showing signs of reversing and could well perpetuate for some time.
Written by
Ryan Berlin
Related
the kelowna rennie review | December 2025
Active listings in the Central Okanagan are much more elevated than in neighbouring markets like the South and North Okanagan, largely a function of condos. As a result, overall supply-demand conditions in the Central Okanagan are much looser than its peers.
Dec 2025
Report
the victoria rennie review | December 2025
While resale transactions in Greater Victoria have been trending well below average this year, housing starts have moved in the opposite direction, buoyed by the record pace of new purpose-built rental construction.
Dec 2025
Report