the rennie review - March 2022

Sales, inventory, and prices in the Vancouver Region all increased in February. These increases are beyond what’s typical for the month, as activity in the local housing market picks up heading into spring.

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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With Canadians spending less on some things (services) but more on others (goods), product supply chains have become strained when labour shortages and extreme weather events are becoming more prevalent.

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Though Canada, British Columbia, and Metro Vancouver are getting older, the age make-up of municipal populations across the region varies considerably.

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There has recently been some discussion of the waning participation of first-time home buyers in Metro Vancouver’s housing market, so we decided to take a look at the data. How strongly do the numbers support this position?