Vancouver Real Estate Podcast

Buyers who signed presale contracts at the height of the market are now being asked to close on homes worth less than they agreed to pay, and many simply can't. Real estate lawyer Evan Drygas sits down with Adam & Matt to explain what happens next, from why developers rarely renegotiate to the lenders working behind the scenes. Evan walks through the steps he takes when a client has run out of options, the unusual cases where someone can legally rescind, and why the worst case isn't the end of the world. Is giving up your deposit ever the smarter financial move? Could the builder come after your other assets? And when will this wave of distress finally pass? A must-listen for anyone who owns or hopes to buy in British Columbia.

After four years of sluggish sales, plenty of Vancouverites have written this market off for good, convinced this time is different. Or is it? Pilothouse Real Estate President Vince Taylor thinks they've got it backwards. The presale veteran & fan favourite sits down with Adam & Matt to make his case, revisit what he got right & wrong on his last visit in 2022, and explain why he believes the turnaround, when it comes, will be fast & violent. Why do rising interest rates spur demand? How long will it take to clear the standing inventory? And can a wave of new governments change the mood around the water cooler? A bold call worth hearing before your next move.

Borrowing costs are climbing again, jobs are scarce & a new government just won power in Victoria, yet nothing seems to pull Vancouver buyers off the sidelines. BCREA Chief Economist Brendon Ogmundson sits down with Adam & Matt to explain why the mood feels worse than the data, what this week's rate decision means for your mortgage, and why parts of BC are humming along while the Lower Mainland lags. From a glut of finished condos nobody is buying to the global shocks that keep knocking recovery off course, Brendon gets to the heart of what has to change before confidence returns. Are foreclosures really running higher than in 2008? Did the Bank of Canada just overreact? And why could affordability take another hit right as demand comes back? A sobering but clear-eyed look ahead.

'Remember when' may be the lowest form of conversation, but Vancouver sellers still can't resist quoting what their neighbour sold for in 2021. Back then, buyers were terrified of missing out. Now the anxiety belongs to anyone looking to sell. Zonda VP of Product Jon Bennest & VP of Advisory Stefan Greiner sit down with Matt this week to explain how the pendulum swung so hard, and why a region with ZERO new tower launches this year still can't clear its inventory. From a never-lived-in condo going for nearly 20% less than its twin did a year ago to West Side tenants playing rental buildings off each other for better deals, the leverage has clearly changed hands. Why can't developers simply slash their way out? Are we watching a permanent shift away from ownership? And could the provincial election flip the mood? Time to stop talking about the good ol' days and start listening!

Four years ago, he helped put Ken Sim in the mayor's chair. Now he wants him out of it. Vancouver Liberals mayoral candidate Kareem Allam sits down with Adam & Matt to explain why he walked away from ABC and why he's staking his entire campaign on one goal: bringing back the young people fleeing Vancouver. He pulls no punches on a building code he calls a barrier to new housing, density that has outrun the parks & pools neighbourhoods were promised, and a plebiscite question he says amounts to building a prison downtown. Is the property tax freeze really a fee hike in disguise? Who does Kareem say is actually running the drug trade on our streets? And should UBC be folded into the municipality? Don't miss this before you head to the polls.