the rennie review - July 2019

Housing demand showing signs of life.

Despite a slowdown from May’s sales pace, the data for June indicate that housing demand may be making a slow but steady comeback throughout the Vancouver region. This slow comeback is in the face of inventory levels that have just climbed back to historical averages. 

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.


You may have noticed that the “market value” of your home, or even the price you recently paid for it, differs from the value assigned to it by BC Assessment. Here's a guide to why this can be the case.


While year-over-year sales were down 25% in the last month, April marked the 4th consecutive month of the sales gap narrowing.


Here are the latest Vancouver housing market stats for December 2017, compiled by rennie Intelligence.