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
Related
seattle suburbs are losing their rental advantage
The rental "discount" available in traditionally more affordable Seattle submarkets is shrinking, and in some cases, have disappeared entirely.
May 2025
Article
5mins read
the kelowna rennie advance | May 2025
Another month of below-average sales and elevated new listings in April helped push inventory in the Central Okanagan closer to a new decade high. Available condo inventory has diverged from other home types and was more than 70% above long-run average levels.
May 2025
Report