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the rennie advance | September 2023

Higher interest rates, combined with concerns the hiking hasn’t yet been halted, continue to impact the Vancouver Region’s housing market.
September 4, 2023

Higher interest rates, combined with concerns the hiking hasn’t yet been halted, continue to impact the Vancouver Region’s housing market, with home sales falling for a third consecutive month in August and inventory shrinking for the first time in six months.

The rennie advance is a monthly publication which includes a brief summary of the latest regional housing sales and listing activity, produced the same morning as the data is released.

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.