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

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

• There's a spring in the step of the fall market: November tallied over 5,000 sales in November, making it the 3rd most active November on record.
• South of the Fraser markets have been more active than those North of the Fraser: November sales were 76% higher in the Fraser Valley Board area vs. 28% higher in the Greater Vancouver board area.
• We'll see more housing tailwinds than headwinds in 2021, setting the stage for an active housing market next 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.

Guests:

Ryan Berlin - Senior Economist and Director, rennie intelligence

Bowen Behan Pausey - Business Data Analyst, Housing

Links:

the rennie review - December 2020: https://bit.ly/3meNdrL

the rennie advance - December 2020: https://bit.ly/3nwwotT

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

How does supply and demand affect housing prices? We explore the fundamental laws of supply and demand, why supply and demand always determine home prices, the role different types of supply play in our market, and why housing demand tends to be more variable than housing supply. Follow along as our Senior Economist, Ryan Berlin dives into these key insights, explores why they matter, and how they can better inform your real estate journey.

Links:

rennie landscape: https://bit.ly/2UiC8ua

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

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

• Sales hit an all-time high for October home sales in the Vancouver Region.
• As sales have risen, inventory has contracted, thereby nudging prices upwards.
• Employment has bounced back in a major way, but a full recovery is a long way off. 

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

Host:

Peter Edmonds - rennie

Guests:

Ryan Berlin - Senior Economist and Director, rennie intelligence

Bowen Behan Pausey - Business Data Analyst, Housing

Links:

the rennie review - November 2020: https://bit.ly/3prIRjF

the rennie advance - November 2020: https://bit.ly/36xuphA

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

We review the Fall 2020 edition of the rennie landscape and discuss three key insights:

• The unique nature of the Great Suppression has shielded the for-sale market from the worst of the downturn.
• The pandemic has shifted home buyer preferences towards ground-oriented homes and towards the suburban.
• Interest rates are likely to remain (even) lower for (even) longer.

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

Host:

Peter Edmonds - rennie

Guests:

Ryan Berlin - Senior Economist and Director, rennie intelligence

Links:

rennie landscape: https://bit.ly/2UiC8ua

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

We’re sitting down with renowned urban planner, former Director of Planning for the City of Vancouver, and author of the books, Vancouverism and Ecodesign for Cities and Suburbs, Larry Beasley, to discuss how Vancouver became a model for city planning around the world. During the episode, we will be exploring how Vancouver focused on a "living first strategy" to attract large numbers of people to move downtown away from the suburbs, how the neighbourhood module was a prime structure for planning, and some of the challenges Vancouver still faces.

Links:

Vancouverism - https://www.ubcpress.ca/vancouverism

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

In this episode of the rennie podcast, we're sitting down with members from the rennie intelligence team to review the latest residential real estate data for the Vancouver Region and discuss three key insights gleaned from the September 2020 data:

• September saw the highest sales count ever
• Reports of the death of the condo market have been greatly exaggerated
• Home prices (across all product types) are rising

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

Host:

Peter Edmonds - rennie

Guests:

Ryan Berlin - Senior Economist and Director, rennie intelligence

Bowen Behan Pausey - Business Data Analyst, Housing

Links:

rennie review: https://bit.ly/3jhftIK

rennie advance: https://bit.ly/2FL9Zbv

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

We’re sitting down with demographer and VP Consulting at rennie, Andrew Ramlo, to discuss how demographics affect the lower mainland’s real estate market. During the episode, we’ll be exploring how housing needs change as people age, how the transfer of intergenerational wealth affects demand, and the role immigration play in Canada’s economy and more.

Host:

Peter Edmonds - rennie

Guest: Andrew Ramlo - rennie

Links:

Register for intelligence updates here

In this episode of the rennie podcast, we’re sitting down with members of the rennie intelligence team to review the latest residential real estate data for the Vancouver Region and discuss three key insights gleaned from the August 2020 data:

• This year’s August sales counts were the highest recorded since 2009
• There is strong demand for larger, ground-oriented product
• It’s a seller’s market, as supply and demand factors are favouring sellers

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

Host:

Peter Edmonds - rennie

Guests:

Ryan Berlin - Senior Economist and Director, rennie intelligence

Bowen Behan Pausey - Business Data Analyst, Housing

Links:

rennie review

rennie advance

Register for rennie intelligence updates