the rennie advance - October 2019

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.

Get the data.

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

Housing demand gained momentum in May and then surged in June, with this past month registering the most sales since October 2019.

intelligence

A detailed monthly report providing insights into sales, listings, and pricing trends throughout Metro Vancouver's housing resale market.

intelligence

Here are the number of actively-selling, sold-out, and contemplated woodframe pre-sale homes by sub-market and estimated year of completion.