the rennie advance - August 2021

Historically suppressed inventory has limited the available home options for buyers. This has pushed sales counts down, though prices remain relatively stable.

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.
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the rennie brief: What You Need to Know About Consumer Sentiment in Metro Vancouver

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Sales activity in the Vancouver Region continued to slow for the fourth-consecutive month in July, while inventory declined for the first time in 6 months. This series of events has created balanced conditions in the overall market, and conditions favouring buyers’ in the region’s detached home mar…