the rennie advance - April 2021

With the highest sales count on record for the Vancouver Region, demand continues to deplete new supply in the market, pushing prices upwards.

The latest rennie advance provides a summary of sales, listings, and pricing trends in the Vancouver region, compiled and released by our rennie intelligence team ahead of the Real Estate Board of Greater Vancouver Stats. 

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. 

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Receive insights, analysis, and perspective from our rennie intelligence team on the Lower Mainland’s real estate market.
intelligence

Benchmark Price Infographics for detached, townhomes, and condos in the areas of Vancouver region covered in the monthly rennie review.

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It’s horses for courses when it comes to inflation, with the price escalation experience varying significantly from coast-to-coast.Inflation isn’t as uniform and ubiquitous as it is often treated. Consumer prices rise more quickly or slowly in different parts of the country. Additionally, the speci…

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As benchmark prices in the Vancouver Region rose to never-before-seen levels in 2021, some
obvious challenges—and less-obvious opportunities—materialized.