the rennie review - April 2022
Apr 13, 2022
Written by
Ryan BerlinSHARE THIS
An increase in new listings in the Vancouver Region in 2022 has lifted inventory out of the record-low territory it had occupied since July 2021. The big “but”? Last month’s inventory was the second-lowest for any March in at least 30 years.The rennie review is a monthly publication, which includes the latest real estate data for the Vancouver Region's housing market. In addition to presenting detailed neighbourhood-level stats, the rennie review also includes current rennie projects, featured listings, client testimonials, our take on the latest market conditions, and more.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.
Written by
Related
The Central Okanagan saw its largest September-to-October increase in sales in 24 years, a clear sign that buyers are taking advantage of lower interest rates and elevated inventory. Even with the bump, however, sales remain well below typical levels for October.
Nov 2024
Report
Sales in Greater Victoria were up significantly in October, marking the biggest September-to-October increase since 2000. This essentially put sales activity on par with typical levels for October, the first time sales have been at or above their monthly average since April 2022.
Nov 2024
Report