Description

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