the rennie advance - July 2020

highlights • The Greater Vancouver board area had close to 2,500 total sales in June; 64% above last month and a 17% increase compared to June 2019. This was the first year-over-year increase in sales since pandemic restrictions came into place in mid-March. • Double-digit year-over-year increases were realized across all home types: up 15% for detached homes, 21% for townhomes, and 17% for condos. • That said, June’s total sales were 23% below the past-decade average: down 30% for detached homes, 14% for townhomes, and 20% for condos.

sales THE RENNIE ADVANCE

JUNE 



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Copyright © 2020 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 July 2, 2020. 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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