the rennie advance - October 2021

Despite a sales slowdown, the lack of housing supply in the Vancouver Region continues to push prices upwards.

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. 

Get the data.

Receive insights, analysis, and perspective from our rennie intelligence team on the Lower Mainland’s real estate market.
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Last month was characterized by further declines in supply combined with elevated demand levels, strengthening the vice on an already tight market.

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

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Here are price per square foot averages for concrete pre-sale homes, based on the date of each project's first home sale.