the rennie review - July 2021

Participation in the housing market in the Vancouver Region waned in June, as both sales and inventory dipped. In part we have the warm weather and the success of the vaccine to thank.

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.

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Receive insights, analysis, and perspective from our rennie intelligence team on the Lower Mainland’s real estate market.
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The demand for detached homes, townhomes, and condos persisted at an elevated level in February across every area in the Vancouver Region; against the backdrop of limited listings, prices have been driven up. Expect conditions to change later this year.

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Here are price per square foot averages for woodframe pre-sale homes, based on the date of each project's first home sale.

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A monthly report providing insights into sales, listings, and pricing trends throughout the Vancouver Region's housing resale market.