the rennie review - February 2020

Prices beginning to rise as demand outpaces supply

Supported by solid labour market dynamics and a growing population, sales are up, inventory remains constrained, and prices are beginning to trend upwards.

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.

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Our annual compendium of housing, demographic, and economic predictions for the year ahead.

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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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Sale prices are rising throughout the Vancouver region in response to sustained demand and increasingly limited supply.