Welcome to the first edition of the rennie landscape, a quarterly publication produced by rennie’s intelligence team that tracks a variety of demographic and economic indicators that directly and indirectly influence our housing market here in Metro Vancouver. With the level of uncertainty that currently prevails in residential real estate, we hope you will find this publication particularly useful, as it focuses on what matters most in our market. The headlines we see in today's media often distort the fundamental facts; our goal is to provide our partners and colleagues with a basis for evaluating the trajectory of the factors that collectively define the context for the real estate market. We’ve identified six pillars of our market: demographic changes, the interest rate environment, the policy context, residential market features, credit and debt trends, and economic fundamentals. Within each of these pillars are a number of indicators we weigh-in on each quarter as we track the changes that will influence future real estate market evolutions. It is our goal for the rennie landscape to become a dependable, strategic decision-making tool, whether you’re an individual buyer or seller, developer, builder, municipal planner, or other market stakeholder or industry partner. Should you have any questions, the rennie intelligence team is here to assist.
Ryan Berlin SENIOR ECONOMIST
rennie.com
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