The push for affordability and the growing connection between market and non-profit housing is dramatically reshaping development across Metro Vancouver. Principal at CitySpaces Noha Sedky sits down with Adam and Matt this week to explore how municipalities are engaging the non-profit housing sector & requiring affordable housing components in new developments. Who does non-profit housing serve & what value does it bring to Metro Vancouver? What do we actually mean by affordable housing ...
Nov 22, 2024•1 hr 11 min•Ep. 448
There's a widespread belief that high-density living somehow leads to social isolation - that towers create vertical suburbs where neighbors never interact. But thoughtful planning tells a different story. This week Century Group’s VP of Development Bob Ransford sits down with Adam & Matt to discuss smart strategies for community building near Skytrains as Surrey transforms into Metro Vancouver's second downtown. Drawing from 36 years of development experience, Bob shows how thoughtful desig...
Nov 15, 2024•49 min•Ep. 447
Is the elusive real estate bottom in the presale world finally here? This industry insider - armed with visibility into almost all new construction contracts written in BC - says all signs point to yes. President & CEO of Avesdo Ben Smith sits down with Adam & Matt this week to share exclusive insights from his unique vantage point in the presale world. What are the telltale signs that the new construction market has bottomed? What should all potential buyers know about the flow of contr...
Nov 08, 2024•55 min•Ep. 446
Ever wish you could hit pause on a great conversation? Today we're doing just that - exploring some of the unique, interesting, and counterintuitive ideas that emerged from our most recent podcast episodes. Adam & Matt sit down this week to unpack the most compelling insights from their recent discussions. From Brian Yu's analysis of Vancouver's self-selecting housing market to Milan Mann's observations about shifting buyer preferences to Todd Talbot's new take on real estate investing, the ...
Nov 01, 2024•56 min•Ep. 445
Ever wanted to be in the room when Western Canada's largest developers, REITs & policy makers parse the data behind their multimillion-dollar decisions? Us too. And today is our lucky day. Ryan Berlin, Vice President of Intelligence and Head Economist at Rennie, sits down with Adam & Matt to break down today's complex market landscape. With insights typically reserved for the biggest players, Metro Vancouver's data guru unpacks what's actually happening behind the numbers - from plummeti...
Oct 25, 2024•1 hr 12 min•Ep. 444
In the near decade of the Vancouver Real Estate Podcast, we have never been in a moment where this question even made sense to ask: are rents actually going down in Vancouver? Founder of the Vancouver Rental Group, Seva Roberts, has answers - and they come from managing 300+ rentals day in & day out across the lower Mainland. Seva sits down with Adam & Matt this week to unpack the region’s rental market in the fall of 2024. Where did the seemingly insatiable demand go? Is rental inventor...
Oct 18, 2024•1 hr 2 min•Ep. 443
The British Columbia provincial election is upon us & the choices for premier & party are stark. This October 19th election will shape our province in profound ways for years to come. So how do the candidates stack up in regards to arguably the most important issue facing British Columbians - housing? This week BCREA's Senior Vice President of Government Relations, Research, Marketing and Communications Trevor Hargreaves sits down with Adam & Matt to discuss how the parties stack up ...
Oct 11, 2024•1 hr 11 min•Ep. 442
This is not your usual Vancouver Real Estate Podcast episode. Long time listeners will remember Love It or List It Vancouver star Todd Talbot on the show nearly 3 years ago discussing his Okanagan “Eh” Frame project. This net zero, passive house, passion project was set to ultimately be the subject of a TV series when fully built. But then disaster struck. The 2023 McDougall Creek Wildfire ripped through the area and burnt down the nearly complete “Eh” Frame along with many homes nearby. Now Tod...
Oct 04, 2024•1 hr 13 min•Ep. 441
The local economy is the backdrop for every conversation we have about our real estate market. And yet we rarely get a chance to focus specifically on the economy of Metro Vancouver. How are we actually doing as a region? Should we be uneasy or optimistic about the future? Are you richer or poorer than you think? Central 1 Credit Union’s Chief Economist Bryan Yu sits down with Adam & Matt this week to tackle all these questions and more. What are the most significant local factors for our ho...
Sep 27, 2024•58 min•Ep. 440
Supply chain disruptions, rising construction costs & tepid buyer demand have all been watchwords in Metro Vancouver development for the last few years. But are these highly challenging days finally behind us? BM Group’s President of Real Estate Development and Construction, Milan Mann, knows both sides of this equation intimately. Milan joins Adam & Matt this week to discuss all facets of delivering homes in today’s difficult marketplace - from the cost of concrete & labour all the ...
Sep 20, 2024•57 min•Ep. 439
“Sellers Await Buyers’ Return” was the headline that marked the end of the summer 2024. And the same could be said for the spring. And 2023. And most of 2022. As goes interest rates, so goes Canadian real estate apparently. But are high interest rates the total story? Former President of Mortgage Architects Dustan Woodhouse has spent a lot of time thinking about the Canadian lending environment & has come to a different conclusion. Dustan sits down with Adam and Matt this week to discuss the...
Sep 13, 2024•1 hr 22 min•Ep. 438
The BC provincial government stunned observers late last year when it legislated all BC municipalities change zoning regulations to permit multiplexes on single family lots by June 30, 2024. The provincial order was clear. But implementation has been another thing altogether. Architect Tara Gronlund joins Adam & Matt to discuss how different municipalities around Metro Vancouver have responded to this directive from on high. Which municipalities have dramatically upped what can be built on s...
Sep 06, 2024•1 hr 6 min•Ep. 437
The Fraser Valley's real estate landscape is evolving rapidly & few know its contours better than Zenterra’s VP of Marketing & Sales, Derek Fenton. Derek sits down with Adam and Matt this week to discuss the Fraser Valley on the cusp of the 2024 fall market, a conversation that ranges from regional market conditions to in depth analysis of certain neighborhoods in the valley street by street. What were the key factors that led Zenterra to bet big on the Fraser Valley nearly 15 years ago?...
Aug 30, 2024•1 hr 10 min•Ep. 436
It is rare to find a consistent push toward innovation in the real estate industry. Today’s guest first sat down with Adam & Matt years back to champion the benefits of building with mass timber, the little understood but increasingly popular building material in Vancouver & beyond. Rocky Sethi returns this week, in his new position of Managing Director of Stryke Group, to talk about our current real estate market as well as Stryke’s recently launched Penticton master-planned community, ...
Aug 23, 2024•54 min•Ep. 435
Today we revisit our classic (and timely!) episode with Harvard's Teo Nicolais. Everyone knows that markets are cyclical, but how do they work and where are we at in Vancouver? Harvard Extension School Instructor Teo Nicolais sits down with Matt & Adam to detail the 4 stages of a real estate cycle and how it relates to the Vancouver real estate market. This episode is a must for those interested in real estate!
Aug 16, 2024•50 min•Ep. 434
The most recent Greater Vancouver Realtors Housing Market Report paints a surprisingly grim picture of the Vancouver real estate market. New listings are up 20% year over year and transactions are down 17.6% below the 10 year average. And this is with two Bank of Canada rate cuts! What is going on? And, more importantly, what does this mean for the upcoming fall market and for housing prices in Metro Vancouver? The Real Estate Board of Greater Vancouver’s Director of Economics & Data Analyti...
Aug 09, 2024•1 hr 31 min•Ep. 433
We often talk about Vancouver exporting real estate talent throughout North America. But what are the best & brightest in the industry actively learning from other cities? And what can these creative ventures outside of Vancouver tell us about ourselves? This week, Chad Boorman, Chief Financial Officer of Rize Alliance, sits down with Adam & Matt to talk all things Vancouver real estate, with a specific focus on Rize’s push to build down the West Coast of the United States. How have rece...
Aug 02, 2024•55 min•Ep. 432
It is time to take stock. We are more than halfway through 2024 and this year’s real estate market has been a doozy. We have seen sales volumes well below historical norms, a surprising spike in inventory, a number of new impactful housing policy measures & now a BoC second rate cut with signs of more to come. But what does this all mean for the future of Vancouver real estate? SFU Beedie School of Business Professor Andrey Pavlov has a few ideas & he doesn’t mince words. Andrey sits dow...
Jul 26, 2024•59 min•Ep. 431
Here’s something few could have predicted: inventory in Metro Vancouver has almost doubled in six months and a rate cut has done little to spark sales. Many investors are sitting on their hands. But smart money continues to target Vancouver and there are many reasons why. Wendy Waters, Vice President, Research Services & Strategy at GWL Realty Advisors, returns to the show in this very unique moment to provide a data-backed view of why investing in Vancouver still makes sense for pension fun...
Jul 19, 2024•1 hr 12 min•Ep. 430
Last week, we covered buying properties in the USA as Canadians. This week is all about financing and investing in the USA. Alain Forget and Hatim Tichout, RBC Cross Border Banking & U.S. Home Equity Financing, join Matt & Adam to discuss opportunities for investment, emerging US Markets, navigating market dynamics, and how Canadians can best secure financing. How can you get a mortgage in the U.S. without a credit score? What are the driving forces behind increased US real estate demand...
Jul 12, 2024•56 min•Ep. 429
When buying in the US, the puck stops here. Former Canuck Goaltender turned Scottsdale Luxury Realtor Eddie Lack helps a lot of Canadians buy real estate in Arizona. And when we say a lot, we mean it: 80% of his clients are from Canada! Eddie sits down this week with Adam & Matt to detail the buying process in the US & why so many Canadians are choosing Scottsdale & surrounding areas. Eddie talks how to net the best deals, block the bad advice, and has you covered whether you want to...
Jul 05, 2024•39 min•Ep. 428
All real estate is local but all opportunity is not. And today’s guest knows this better than most. Taylor Steele from Integrated-integrities sits down with Adam & Matt to discuss opportunities in a down market, from the future of the North Shore to multifamily in the US to ultra passive ways to add real estate to your portfolio. Where are the buying opportunities right now not to be missed? How can you benefit from this down market with little energy? And which markets have long & lucra...
Jun 28, 2024•52 min•Ep. 427
Do you have a 10 year plan? How about just a plan? If you don't, you are in the majority and don't worry - our guest today can help you set and achieve your goals and you can start right now. Clint Murphy, real estate developer, real estate investor, CFO, and prolific finance influencer, sits down with Matt & Adam in Kokomo Studios to unpack his inspirational story, rise to financial freedom, and recent career change in his 40s to do what he wants when he wants! And you can learn from all of...
Jun 21, 2024•1 hr 19 min•Ep. 426
Someone said, "if opportunity doesn't knock, build a door" and this sums up the story of Sunny Dhillon. From getting his real estate license in the early 2000s, to becoming a deal finder, and to eventually developing himself, Sunny saw the writing on the wall for our city and took action. Now the CEO of Dimex Group, with projects throughout the Lower Mainland, he sits down with Matt & Adam to tell his story, chalked full of business building and market insight. This is an episode on spotting...
Jun 15, 2024•55 min•Ep. 425
Sometimes you walk into a space and just feel good and you're not sure why. But it's not an accident and, more than anything, that feeling is the result of a design team making painstaking decision after decision - and trust us, God is in the details. But what makes good design and what decisions should be paramount when buying, selling or renovating? This week, Maxime Zentner, Vice President of Product Development & Interior Design at Marcon, joins Matt & Adam at Kokomo Studios for an e...
Jun 07, 2024•1 hr 1 min•Ep. 424
We talk a lot about opportunities and revitalization, but it's not typically in tony neighbourhoods with some of the most expensive postal codes in the country. This week, Barrett Sprowson, Vice President of Sales and Marketing at Peterson Group, sits down with Matt & Adam to share a long term vision of Vancouver's west side - one characterized by vibrant density, a "new downtown", luxury retailers, best-in-class dining, and new parks and community centres. Has the eastside wave potentially ...
May 31, 2024•1 hr 19 min•Ep. 423
Back by popular demand, this week's guest is Daryl Simpson, President of Townline. Daryl has worked in the development industry in the Lower Mainland since 1993, building towers and communities from initial concept to completion with some of Canada's top development companies. This week, Daryl sits down with Matt & Adam for a candid conversation about the current state of the market, new construction and presales, and how the balance of 2024 will unfold in terms of inflation, interest rates ...
May 24, 2024•1 hr 7 min•Ep. 422
Rates are sky high and qualifying for a mortgage is as challenging as ever. But does this inevitably mean a market slowdown? In the commercial market, it depends. Impact Commercial's Founding Partner, Alan Haigh, joins Matt & Adam this week to discuss the commercial lending landscape in Sping 2024 and - spoiler alert - it's not easy out there. How do commercial mortgages differ from residential mortgages? Which commercial asset classes are still strong? And where are the opportunities? Liste...
May 17, 2024•49 min•Ep. 421
We are watching it like a movie in fast forward: the death of the single family home; blanket upzoning for towers near skytrain stations; four to six units on a single family lot; municipalities forced to comply with density by the summer. But how do we make sense of it all and, better still, act on it? Manveer Taggar, Partner at Common Ground Consulting, joins Matt & Adam at Kokomo Studios with market insights from his unique vantage point as a Civil Engineer and consultant on major develop...
May 10, 2024•1 hr 3 min•Ep. 420
Inventory has reached its highest level since the pandemic Summer of 2020 amidst news of changing capital gain taxes and residential tenancy rules. Is this enough to keep the market balanced with the potential of rate cuts this Summer? Kevin Skipworth, Owner and Managing Broker at Dexter Realty, sits down with Matt & Adam in Kokomo Studios to discuss how these factors are playing out on the ground and what this means for real estate in the Lower Mainland at large. Will inventory levels conti...
May 03, 2024•58 min•Ep. 419