Blog

Renting Is King in Vancouver’s False Creek Flats

Since the city released their proposed draft plan for the area, there’s been a lot to look forward to from the False Creek Flats. As the future home of the St. Paul’s Hospital, the Flats are well on their way to becoming an important Vancouver neighbourhood.

Even now, before the False Creek Flats are rejuvenated, this has become an attractive area for renters (and, therefore, investors). In the last five years, the population of the Flats has grown by 7%. Compare that to the City of Vancouver (5%) and Metro Vancouver (6%), and you can see that the area has already been attracting a lot of attention. Let’s look at some of the trends and neighbourhood features that are responsible.

Continue reading

Rennie Review: July ’17

Each month, Rennie Market Intelligence produces the Rennie Review, which includes the latest real estate data for Vancouver and the Lower Mainland’s housing market. In addition to presenting detailed neighborhood-level stats, the Rennie Review also includes current Rennie Marketing Systems projects, featured listings, client testimonials, our take on the latest market conditions, and more.

For your reading pleasure, please click here for the July 2017 edition of the Rennie Review.

How Vancouver Can Adapt to a Growing Population

Looking at the city, it’s easy to imagine how Vancouver could run out of room. By 2036, experts anticipate that our regional population will reach nearly four million and residential densities will increase by almost 40%.

When you consider numbers like these, it’s clear that our attitudes towards housing are going to have to change to accommodate growing demand. In order for our city and our region to thrive, increasing the supply of homes is a must. But increasing the number of Vancouver condos isn’t the only way to adapt to our growing population. For us to meet the housing demands of our population, we’ll need to change our way of thinking. Here’s how the Vancouver region and its residents can adapt.

You can read the rest of the article here.

 

Rennie Review: June 2017

Each month, Rennie Market Intelligence produces the Rennie Review, which includes the latest real estate data for Vancouver and the Lower Mainland. In addition to presenting detailed neighborhood-level stats, the Rennie Review also includes current Rennie Marketing Systems projects, featured listings, client testimonials, our take on the latest market conditions, and more.

For your reading pleasure, please click here for the June 2017 edition of the Rennie Review.

High-Rise Living in Canada

An interesting article from Global News, talking about Canada and the West Coast’s fire code, building code and fire bylaw legislation.

As a safety precaution, if fire alarm systems in Vancouver’s high-rises are not functioning, a 24-hour fire watch system is implemented until the alarms are fixed. Additionally, any high-rise building in Vancouver will be flagged if it features only one stairwell.

What Does Liveability Really Mean?

Vancouver consistently ranks as one of the most liveable cities in the world. For the fifth year in a row, Vancouver has ranked as the world’s third most liveable city, just behind Melbourne and Vienna. These three cities are as attractive as they come, but when we talk about liveability, what do we really mean?

The Economist Intelligence Unit, which breaks down the best places to live, refers to a five category scorecard when coming up with the world’s most liveable cities. Categories are scored on a hundred point scale and evaluate each city’s stability, healthcare, culture/environment, education and infrastructure.

So what does it mean exactly when we say Vancouver is one of the world’s most liveable cities?

Continue reading

From Railtown to the False Creek Flats: Vancouver’s Top 5 Industrial Neighbourhoods

In recent years, Vancouver has been showcased as one of the world’s top cities, hosting world events that encouraged tourists from across the globe, starting with Expo ‘86 to the 2010 Winter Olympics. According to Statistics Canada, the population of Metro Vancouver has increased by 6.5 percent from 2011-16. Housing in Vancouver has been on the rise over the last decade, and gentrification has begun to trickle into areas that were once solely industrial neighbourhoods. Historically, Vancouver’s geographic location made it a transportation hub connecting Western Canada to Europe and Asia, leading to a booming manufacturing industry with the Canadian Pacific Railway as the center. Yaletown and False Creek are prime examples of the transformations from industrial neighbourhoods to urban centres. There is great potential in Metro Vancouver – here are the cities top 5 industrial neighbourhoods. Continue reading