the rennie review - June 2019


a new path? sales rise and prices stabilize


The latest data hint that a new market narrative may be warranted, as the Vancouver region passes 4,000 sales in a month for the first time in a year. Is this the beginning of a new trend, or just a one-time blip?

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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intelligence

Despite a slowdown from May’s sales pace, the data for June indicate that housing demand may be making a slow but steady comeback.

intelligence

With year-over-year sales rising in both July and August, signs are pointing to a rebounding housing market in Greater Vancouver.

intelligence

Every three months, rennie intelligence provides a Woodframe Multi-family Occupancy update for pre-sale projects.