the rennie landscape - Fall 2020

The unexpected and unprecedented changes that occurred globally in the wake of the covid-19 outbreak derailed an economic expansion that was into its tenth year here in Canada. While virtually all economic, demographic, and housing market measures swiftly and significantly diverged from trend beginning in March, prompt fiscal and monetary responses combined with a slow-but-steady re-opening plan for the economy worked to rehabilitate the labour market. Here in Metro Vancouver, the housing market has shown considerable resilience and is likely to remain active for the foreseeable future due to low-interest rates and a recovering economy.   

Twice a year, rennie intelligence produces the rennie landscape, that tracks a variety of demographic and economic indicators that directly and indirectly influence our housing market here in Metro Vancouver. Our goal is to provide our community with a basis for evaluating the trajectory of the factors that collectively define the context for the real estate market.

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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A brief monthly summary of the latest regional housing sales and listing activity, produced the same morning as the data is released.

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

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Effective January 2020, a new regional transportation DCC is now being levied on new developments throughout Metro Vancouver.