Our intelligence team review the latest residential data for the Vancouver Region and discuss three key insights gleaned in May 2021:

• Another month, and (almost) another sales record in May.
• Housing inventory in the Vancouver Region remained constrained.
• Prices remained elevated, though there were some signs that they may be leveling out.

Follow along as we dive into these key insights, explores why they matter, and how they can better inform your real estate journey.

Featured guests

Ryan Berlin, Senior Economist & Director of Intelligence

Bowen Behan Pausey, Business Data Analyst, Housing

Art Seroff, rennie advisor

Links

the rennie review - June 2021

the rennie advance - June 2021

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Podcast host, Justine Loo, sits down with small space advocate and consultant, Alison Mazurek, who shares her small home journey through her popular blog and Instagram, @600sqftandababy. They begin the conversation by exploring the stigma around small living and the expectation to graduate into bigger spaces as your family evolves, followed by discussing how small living can result in a big lifestyle, as well as creative and practical solutions to optimize every inch of your home.

We review the latest residential data for the Vancouver Region and discuss two key insights gleaned in April 2021:

• Sales and inventory trends are conspiring to deeply embed seller's markets throughout the Vancouver Region
• Price gains are not showing signs of reversing and could well perpetuate for some time

Follow along as our team dives into these key insights, explores why they matter, and how they can better inform your real estate journey.

Featured guests

Ryan Berlin, Senior Economist & Director of Intelligence

Bowen Behan Pausey, Business Data Analyst, Housing

Reggie Tanzola, rennie advisor

Links

the rennie review - May 2021

the rennie advance - May 2021

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In this episode, we join rennie's Managing Broker, Justine Loo, and Senior Economist and Director of Intelligence, Ryan Berlin, to explore our current market through the lens of the Spring 2021 edition of the rennie landscape by asking these key questions:

• How did our Canadian economy and housing market change in the immediate aftermath of the pandemic?
• Where do things stand right now in terms of job recovery, population change, and mortgage rates?
• What can we anticipate for the road ahead?

Follow along as our team dives into these key insights, explores why they matter, and how they can better inform your real estate journey.

Featured guests

Ryan Berlin, Senior Economist and Director of Intelligence

Additional reading

the rennie landscape - Spring 2021

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We review the latest residential data for the Vancouver Region and discuss three key insights gleaned in March 2021:

• Record-breaking 8,895 home sales in March sales.
• Year-over-year increases in sold prices have been high by historical standards.
• Metro Vancouver’s employment returned to its pre-pandemic level.

Follow along as our team dives into these key insights, explores why they matter, and how they can better inform your real estate journey.

Featured guests

Ryan Berlin, Senior Economist & Director of Intelligence

Bowen Behan Pausey, Business Data Analyst, Housing

Joanne Hoekstra, rennie advisor

Links

the rennie review - April 2021

the rennie advance - April 2021

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We sit down with the owner and co-principle of BYU Design, Ada Bonini to discuss how design has the power to impact and transform lives. We begin by exploring the strong ethics and responsibility behind BYU Design's approach and philosophy, followed by how data is used effectively to design better, and what future-proofing our environments entail. 

We review the latest residential data for the Vancouver Region and discuss three key insights gleaned in February 2021:

• Historically-high demand in February was a feature of all home-type segments and all areas within the Vancouver region
• Home price growth has accelerated due to inadequate supply being available to would-be buyers.
• Market activity is likely to normalize later this year.

Follow along as our team dives into these key insights, explores why they matter, and how they can better inform your real estate journey.

Featured guests

Ryan Berlin, Senior Economist & Director of Intelligence

Bowen Behan Pausey, Business Data Analyst, Housing

Lorenzo Daminato, rennie advisor

Links

the rennie review - March 2021: https://bit.ly/3bCF0LN

the rennie advance - March 2021: https://bit.ly/2MDsDW4

register for rennie intelligence updates: https://bit.ly/2OHlTHE

We review the latest residential data for the Vancouver Region and discuss three key insights gleaned in January 2021:

• The supply of homes remains a concern for buyers: the total number of MLS listings across the Vancouver Region in January 2021 was down 12% year-over-year and 25% versus the past-decade average for the month.
• January 2021 home sales reach another record: the more-than-4,000 sales were the most in any January in the history of the Vancouver Region.
• Metro Vancouver’s economic recovery is outpacing that of other Canadian metros: employment in this region in January was only 3% below its pre-pandemic level--a smaller gap than in Montreal or Toronto.

Follow along as our team dives into these key insights, explores why they matter, and how they can better inform your real estate journey.

Featured guests

Ryan Berlin, Senior Economist and Director of Intelligence

Bowen Behan Pausey, Business Data Analyst, Housing

Brandon Blue, rennie advisor

Links

the rennie review - February 2021: https://bit.ly/3jyIhy5

the rennie advance - February 2021: https://bit.ly/2Lc3VLM

register for rennie intelligence updates: https://bit.ly/3dFJFfq

We discuss five key predictions for the year ahead from the 2021 edition of the rennie outlook:

• More than 50,000 resale home transactions
• Between 13.5K-15K pre-sale transactions
• A return to our pre-covid employment level
• Immigration doubling vs 2020
• Inflation remaining below 2%

Follow along as our team dives into these predications, explore why they matter, and how they can better inform your real estate journey.

Featured guests

Ryan Berlin, Senior Economist and Director, rennie Intelligence

Bowen Behan Pausey, Business Data Analyst, Housing

Salina Kai, rennie advisor

Additional reading

rennie outlook 2021 - https://bit.ly/3oF7oQP

We review the latest residential real estate data for the Vancouver Region and discuss three key insights gleaned in December 2020:

• After a somewhat convulsive journey, 2020 gave the appearance that it was an “average” year in hindsight. The full-year sales count in 2020 was only 4% higher than the past-decade average.
• 2020 ends with a bang! With more than 5,000 sales in December, it was the most active December in our region's history.
• 2021 is poised to be a dynamic year. The regional housing market will be influenced by a variety of factors, from immigration to interest rates.

Follow along as our team dives into these key insights, explores why they matter, and how they can better inform your real estate journey.

Guests:

Ryan Berlin - Senior Economist and Director, rennie intelligence

Bowen Behan Pausey - Business Data Analyst, Housing

Links:

the rennie review - January 2021: https://bit.ly/2KvZLhA

the rennie advance - January 2021: https://bit.ly/3oWXdrJ

register for rennie intelligence updates: https://bit.ly/3dFJFfq