Join hosts Jeff Benna and Andrew Hasman in this episode of 'Industry Vancouver' as they delve into the current trends and challenges in Vancouver's real estate market. They discuss the complexities of housing affordability, market dynamics, and the impact of recent policies. Hear about the unique 'LACAP test' to evaluate the saleability of a home, reflections on low-density zoning, and the shift towards multi-family dwellings. The episode also explores the Vancouver presale market, adjustments developers are making, and the future of housing in one of Canada's densest and most desirable cities. Whether you're a buyer, seller, or investor, gain insights and practical advice on navigating this ever-evolving market.

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In this episode, Jeff Benna and Andrew Hasman discuss the current state of the Vancouver real estate market through the summer of 2025. They cover topics such as the slowdown in market activity, the impact of interest rates, the difference between resale and presale markets, and the opportunities present in quieter markets. Jeff and Andrew highlight the need for professional guidance for buyers and sellers amidst media-exaggerated market fears. This episode provides a comprehensive look at the trends and offers strategic insights for potential buyers and investors.

00:00 Introduction and Market Overview
00:31 Current Market Sentiments and Realtor Insights
01:20 Media Influence and Market Realities
04:53 Resale vs. Presale Market Dynamics
06:03 Vancouver Real Estate Statistics
12:37 Suburban Market Trends
14:57 Detached Homes and Land Assembly
18:32 Speculation Tax and Market Pressures
19:11 Pre-Sale Market Trends in Greater Vancouver
19:45 Investor Participation Decline
20:44 Developer Incentives and Market Opportunities
21:46 Resale vs. Pre-Sale Market Dynamics
23:08 Impact of Interest Rates and Rent Values
23:30 Speculation vs. Investment in Vancouver
25:36 Market Sentiment and Buyer Behavior
29:43 Contrarian Investment Strategies
32:28 Future Market Predictions and Opportunities
35:55 Vancouver's Long-Term Real Estate Outlook
36:55 Concluding Thoughts and Real Estate Advice

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Join Jeff Benna and Andrew Hasman in this episode as they discuss the outcome of the recent Canadian election, analyzing the results and implications for the real estate market. They emphasize the importance of cooperation in real estate transactions and offer valuable advice for buyers, including best practices for home shopping, the importance of being pre-qualified, handling deposits, understanding terms, and the impact of home insurance requirements. Tune in for actionable insights that can help you navigate the complexities of the real estate market.

00:00 Introduction and Election Outcome

01:18 Election Results Breakdown

02:17 Impact on Canadian Politics and Economy

05:21 Real Estate Market Insights

06:05 Best Practices for Home Buyers

06:53 The Importance of Agent Cooperation

08:26 Building Positive Relationships in Real Estate

13:42 Navigating the Home Buying Process

18:07 Expert Insights on Property Evaluation

18:51 The Importance of Pre-Qualification

19:35 Winning Strategies in Competitive Offers

23:48 Navigating Property Insurance Challenges

28:10 Flexibility in Negotiations

33:11 The Value of a Respected Realtor

35:13 Final Thoughts and Disclaimer

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In this episode, Jeff and Andrew discuss the current political climate, including the  federal election in Canada and a recent city by-election. They explore proposed housing policies by the Conservatives, Liberals, NDP, Greens, Bloc Quebecois, and People's Party of Canada, offering insights into how these may shape the real estate market.

00:00 Introduction and Current Events
00:28 Local Election Insights
02:30 Federal Election Overview
04:07 Party Platforms: Smaller Parties
08:38 Party Platforms: New Democratic Party
13:50 Party Platforms: Conservative Party
16:28 Tax-Free Savings and Capital Gains Tax Deferral
18:55 Liberal Party's Current Standing and Election Predictions
19:16 GST Elimination for First-Time Home Buyers
20:43 Doubling Housing Construction: Ambitious Goals and Challenges
23:28 Establishing Build Canada Homes: Government's Role in Development
25:00 Election Countdown and Market Predictions
27:28 Interest Rates and Mortgage Market Update
29:06 Voting and Final Thoughts

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Join Jeff and Andrew as they discuss the current real estate market conditions, emphasizing on the abundant opportunities available, especially for serious buyers and investors.

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Jeff and Andrew discuss current real estate market uncertainties, particularly regarding tariffs and the influence of BC assessed values. They emphasize the need for long-term planning, market opportunities despite fear, and provide insights into the high-end property segment.

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Join Jeff and Andrew as they break down the latest interest rate changes, January's market trends, and what US tariffs mean for real estate.

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2024 Wrap Up and 2025 Predictions...

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Join Jeff and Andrew as they dive into expert tips and proven strategies to help you sell your home—even in a tough market.

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Jeff and Andrew discuss the BC election results, recent changes in mortgage rules from the federal government, mortgage rate changes and market opportunities.

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