Supply Running Dry, Leaving Fewer Homes to Buy - August 2021
Aug 24, 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 #22: Supply Running Dry, Leaving Fewer Homes to Buy - August 2021In this episode, we join Ryan Berlin, Senior Economist and Director of rennie intelligence, along with rennie advisor and rennie leader, Danny Chow, to review the latest residential data for the Vancouver Region and discuss three key insights gleaned in July 2021:
- Supply is running dry, leaving fewer homes for people to buy.
- Sales remain elevated, though the recent trend has been one of slowing activity.
- Prices are holding (fairly) firm despite the lack of market churn.
Written by
Ryan Berlin
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