the rennie advance - May 2021

highlights • Following the all-time, record-setting sales count of 8,895 in March 2021, the Vancouver Region tallied 7,795 sales in April 2021–more than any April on record. • Sales were more than 300% higher in April 2021 compared to one year ago for all home types. While demand is currently elevated above the long-run average, the extreme year- over-year change in last month’s sales counts also reflects April 2020’s sales counts being suppressed due to the onset of the global pandemic. • Compared to the past-decade April average, sales were up 48% for detached homes, 96% for townhomes, and 87% for condos.

THE RENNIE ADVANCE

sales

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Copyright © 2021 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of May 3, 2021. All data from Real Estate Board of Greater Vancouver and Fraser Valley & Rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E.

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