the rennie advance - October 2019
Oct 02, 2019
Written by
Ryan BerlinSHARE THIS
Greater Vancouver's housing market continued to strengthen in September. Year-over-year sales rose by 46%, which was the largest increase since March 2015; meanwhile, year-over-year inventory declined by 4%, which was the first contraction since March 2018. As a reflection of these changing dynamics, median prices have shown signs of stabilizing in 2019. The latest rennie advance provides a summary of sales and listings 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.
Written by
Related
Trade tensions return as the White House threatens new import tariffs. Meanwhile, Coachella Valley’s first-half home sales have been the slowest in over a decade.
Jul 2025
Report
Despite significant economic and political volatility, home sales in Greater Victoria through the first half of 2025 were higher than each of the past two years. Though inventory is at a decade high, conditions have continued to favour sellers.
Jul 2025
Report