the rennie landscape - Q3 2019

After 18 months of sliding sales, increasing inventory, and placid prices, the trajectory of Metro Vancouver's housing market is poised to change. A recent re-emergence of previously sidelined demand has coincided with some of the fastest employment growth and wage growth in Canada, with the unemployment rate being driven to a near-historical low. 

These factors, combined with continued population growth in Metro Vancouver and an interest rate environment that has gone from market headwind to definitive tailwind over the past 10 months, bode well for the region's pre-sale and resale markets. 

Each quarter, 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.

Get the data.

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

Household economic well-being has shifted significantly due to Covid-19, with fiscal supports and low-interest rates conspiring to improve Canadians’ balance sheets.

intelligence

Benchmark Price Infographics for detached, townhomes, and condos in the areas of Vancouver region covered in the monthly rennie review.

intelligence

Benchmark Price Infographics for detached, townhomes, and condos in the areas of the Lower Mainland covered in the monthly rennie review.