Market IntelligenceEconomy

the rennie review - August 2019

 

Aug 14, 2019

Written by 

Ryan Berlin

SHARE THIS

July’s demand bump supported by strong economic news

It may be only one month of data, but the July increase in residential MLS sales in the Vancouver region serves notice that the contractionary phase of the market cycle may be ending, with an expansion--when it comes--being guided by local economic conditions. 

The rennie review is a monthly publication, which includes the latest real estate data for Vancouver and the Lower Mainland’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

Ryan Berlin

Related

blog-feature-media-cmbphppm4buxg07u03yhkqo90
benchmark prices | June 2025
Benchmark price infographics for detached homes, townhomes, and condos are available for sub-markets in the Vancouver Region, Greater Victoria, and Central Okanagan regions.

Jun 2025

Report

blog-feature-media-cmbfn647s2ujt08u5uajt3wsn
the kelowna rennie advance | June 2025
The Central Okanagan had its busiest month for home sales in nearly two years, though transactions remained well below their long-run average. Meanwhile, active listings surpassed 3,000 to their highest level since August 2013.

Jun 2025

Report