the rennie advance - June 2020

Despite the continuing pandemic, there were almost 1,500 sales throughout the Greater Vancouver board area in May. This increased activity over April, combined with suppressed inventory, helped to support median prices.  

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

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A decline in overall sales and listings activity has ushered the Vancouver Region’s housing market into balance for the first time in more than two years. For each individual product type, however, market conditions vary.

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