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 & ...
May 18, 2021•31 min
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? Foll...
Apr 20, 2021•27 min
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 &...
Apr 20, 2021•24 min
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.
Mar 30, 2021•42 min
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 info...
Mar 16, 2021•21 min
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 reco...
Feb 16, 2021•31 min
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 Bow...
Feb 02, 2021•27 min
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 m...
Jan 19, 2021•26 min
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...
Dec 14, 2020•26 min
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 registe...
Dec 04, 2020•26 min
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 rea...
Nov 13, 2020•26 min
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 jo...
Nov 12, 2020•28 min
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 plannin...
Nov 05, 2020•34 min
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 h...
Oct 20, 2020•26 min
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...
Oct 06, 2020•30 min
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 insight...
Sep 16, 2020•25 min
