the rennie advance - August 2020

The Vancouver Region eclipsed 5,000 sales in July, the first time this has occurred in 37 months (June 2017). With listings still trending below last year's levels, median prices have continued to rise for all home types.

The latest rennie advance provides a summary of sales, listings, and pricing trends in the Greater Vancouver board area, 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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intelligence

The rennie review is produced each month by rennie intelligence, which includes the latest real estate data for Vancouver Region's housing market.A wholesale slowdown in sales is only half the story.At first glance, the top-line MLS numbers for the month of June in the Vancouver Region appear to be…

intelligence

A recent survey of Metro Vancouver residents shows continued engagement in the housing market andan expectation of rising home values, despite deepening concerns about personal finances.Our rennie intelligence team comprises our in-house demographer, senior economist, and market analysts. Together,…

intelligence

June was characterized by below-average sales activity and a continued expansion of inventory, which in turn yielded marginal price declines both north and south of the Fraser River.SalesMLS sales in the Vancouver region slowed to 3,683 in June, which was down by 13% from May, again exceeding the t…