Podcasts about Greater Vancouver

Exiles in Babylon is coming soon! Join us in Minneapolis, April 30-May 2, 2026. Details hereKyla Gillespie is the founder of Renewed & Transformed Ministries and author of TransFormed: The Power of God's Word and God's People in One Woman's Journey through Gender Confusion, Reassignment Surgery, and Detransitioning. As an international speaker and podcaster, she shares her journey through same-sex attraction and gender dysphoria to point others to the hope and power of Jesus Christ. She lives in Greater Vancouver, B.C., and is an active member of Gospel City Church.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

**Start Your Realty Ninja Website** Free Trial: https://www.realtyninja.com/tomBook a call w/Tom for Toronto: https://calendly.com/TomStoreyBook a call w/Steve for Greater Vancouver: https://calendly.com/stevekarrasch** Book your home inspection right now with Carson Dunlop ** https://carsondunlop.com/*** Need Home or Property Insurance? *** Use SQUARE ONE: Tenants, Landlords and Home Owners Save $20 with Square One Insurance using this link: https://www.squareone.ca/thetomstoreyshow?offer_code=TTSS- - - With Gan-Z being priced out of the real estate market, they have invested heavily in stocks. But could that destroy their future savings? Is it time for them to pivot back into real estate?In this week's episode of The Tom Storey Show, Steve Karrasch and Tom Storey discuss new home incentives, Gen-Z's position in the markets and some SHOCKING news from Steve!- - -AUDIO PODCAST LINKS:Spotify: https://open.spotify.com/show/7wEEPUUhaC8g2CsIwJetbdApple Podcast: https://podcasts.apple.com/.../the-tom.../id1627632474Amazon: https://music.amazon.ca/.../the-tom-storey-show-with...?TOM STOREYTom's YouTube Channel: https://www.youtube.com/c/TomStorey/videosThe Storey Team, Royal LePage Signature: https://storeyteam.ca/Instagram: https://www.instagram.com/thestoreyteam/FaceBook: https://www.facebook.com/thestoreyteamSTEVE KARRASCHSteve's YouTube Channel: https://www.youtube.com/c/KarraschRealProperties/videosKarrasch Real Properties, Macdonald Realty: https://www.krproperties.ca/Instagram: https://www.instagram.com/karrasch_real_properties/FaceBook: https://www.facebook.com/KarraschRealProperties/Need VIDEO GEAR? Shop Steve's Amazon Store: https://amzn.to/45cIBbUThe opinions expressed herein are solely that of Steve Karrasch PREC and Tom Storey, not Macdonald Realty, Royal LePage Signature, TREB or the FVREB and should not be misconstrued as advice or the basis of an agency relationship whatsoever. Nor should any of this content be considered or used as financial advice. Please consult your professional advisor prior to taking action on any decisions relating to the matters discussed in these videos. This communication is not intended to cause or induce breach of an existing agency agreement.

In Episode 123, we explain the new agreement between Canada and the Musqueam Nation recognizing Aboriginal title in Greater Vancouver. Plus, we discuss the new mandatory Indigenous cultural course requirement for all lawyers in the Province of Ontario. Stories and cases discussed in this week's episode:‘Alarming': Police monitoring released murderer ‘closely' as community expresses concern (CP24)A Rights Recognition Agreement (Crown-Indigenous Relations and Northern Affairs Canada) Approval of an Indigenous cultural training course (Law Society of Ontario)What Does the Musqueam Agreement Mean? (Law for Breakfast)Not Reserving Judgment is a podcast about Canadian constitutional law hosted by Josh Dehaas, Joanna Baron, and Christine Van Geyn.The show is brought to you by the Canadian Constitution Foundation, a non-partisan legal charity dedicated to defending rights and freedoms. To support our work, visit theccf.ca/donate.

**Start Your Realty Ninja Website** Free Trial: https://www.realtyninja.com/tomBook a call w/Tom for Toronto: https://calendly.com/TomStoreyBook a call w/Steve for Greater Vancouver: https://calendly.com/stevekarrasch** Book your home inspection right now with Carson Dunlop ** https://carsondunlop.com/*** Need Home or Property Insurance? *** Use SQUARE ONE: Tenants, Landlords and Home Owners Save $20 with Square One Insurance using this link: https://www.squareone.ca/thetomstoreyshow?offer_code=TTSS- - - Have Canadians been banking on their homes to fund their retirement? It sure seems that way. In this week's episode of The Tom Storey Show, Steve Karrasch and Tom Storey speak with retirement planner (and YouTuber) Adam Bornn of Parallel Wealth to discuss real estate and how realisticaly fits in to most Canadian retirement plans. Connect with Adam: Web: https://www.parallelwealth.com/YouTube: https://www.youtube.com/c/ParallelWealth/featured- - -AUDIO PODCAST LINKS:Spotify: https://open.spotify.com/show/7wEEPUUhaC8g2CsIwJetbdApple Podcast: https://podcasts.apple.com/.../the-tom.../id1627632474Amazon: https://music.amazon.ca/.../the-tom-storey-show-with...?TOM STOREYTom's YouTube Channel: https://www.youtube.com/c/TomStorey/videosThe Storey Team, Royal LePage Signature: https://storeyteam.ca/Instagram: https://www.instagram.com/thestoreyteam/FaceBook: https://www.facebook.com/thestoreyteamSTEVE KARRASCHSteve's YouTube Channel: https://www.youtube.com/c/KarraschRealProperties/videosKarrasch Real Properties, Macdonald Realty: https://www.krproperties.ca/Instagram: https://www.instagram.com/karrasch_real_properties/FaceBook: https://www.facebook.com/KarraschRealProperties/Need VIDEO GEAR? Shop Steve's Amazon Store: https://amzn.to/45cIBbUThe opinions expressed herein are solely that of Steve Karrasch PREC and Tom Storey, not Macdonald Realty, Royal LePage Signature, TREB or the FVREB and should not be misconstrued as advice or the basis of an agency relationship whatsoever. Nor should any of this content be considered or used as financial advice. Please consult your professional advisor prior to taking action on any decisions relating to the matters discussed in these videos. This communication is not intended to cause or induce breach of an existing agency agreement.

**Start Your Realty Ninja Website** Free Trial: https://www.realtyninja.com/tomBook a call w/Tom for Toronto: https://calendly.com/TomStoreyBook a call w/Steve for Greater Vancouver: https://calendly.com/stevekarrasch** Book your home inspection right now with Carson Dunlop ** https://carsondunlop.com/*** Need Home or Property Insurance? *** Use SQUARE ONE: Tenants, Landlords and Home Owners Save $20 with Square One Insurance using this link: https://www.squareone.ca/thetomstoreyshow?offer_code=TTSS- - - Welcome to Episode 200 of The Tom Storey Show! We hope you enjoyed all of our past guests who help us with the intro to mark this special occasion. The Canadian real estate market wont do as well as this episode though… in fact the short terms it looks like things will continue to get way worse before it gets better. This week, for this big episode, Steve Karrasch and Tom Storey speak with Ben Robidoux of Edge Analytics to discuss what we should expect for the rest of 2026 and how much worse this market might get. Connect with Ben: Web: https://edgeanalytics.ca/- - -AUDIO PODCAST LINKS:Spotify: https://open.spotify.com/show/7wEEPUUhaC8g2CsIwJetbdApple Podcast: https://podcasts.apple.com/.../the-tom.../id1627632474Amazon: https://music.amazon.ca/.../the-tom-storey-show-with...?TOM STOREYTom's YouTube Channel: https://www.youtube.com/c/TomStorey/videosThe Storey Team, Royal LePage Signature: https://storeyteam.ca/Instagram: https://www.instagram.com/thestoreyteam/FaceBook: https://www.facebook.com/thestoreyteamSTEVE KARRASCHSteve's YouTube Channel: https://www.youtube.com/c/KarraschRealProperties/videosKarrasch Real Properties, Macdonald Realty: https://www.krproperties.ca/Instagram: https://www.instagram.com/karrasch_real_properties/FaceBook: https://www.facebook.com/KarraschRealProperties/Need VIDEO GEAR? Shop Steve's Amazon Store: https://amzn.to/45cIBbUThe opinions expressed herein are solely that of Steve Karrasch PREC and Tom Storey, not Macdonald Realty, Royal LePage Signature, TREB or the FVREB and should not be misconstrued as advice or the basis of an agency relationship whatsoever. Nor should any of this content be considered or used as financial advice. Please consult your professional advisor prior to taking action on any decisions relating to the matters discussed in these videos. This communication is not intended to cause or induce breach of an existing agency agreement.

**Start Your Realty Ninja Website** Free Trial: https://www.realtyninja.com/tomBook a call w/Tom for Toronto: https://calendly.com/TomStoreyBook a call w/Steve for Greater Vancouver: https://calendly.com/stevekarrasch** Book your home inspection right now with Carson Dunlop ** https://carsondunlop.com/*** Need Home or Property Insurance? *** Use SQUARE ONE: Tenants, Landlords and Home Owners Save $20 with Square One Insurance using this link: https://www.squareone.ca/thetomstoreyshow?offer_code=TTSS- - - The truth is that real estate in Canada has seen a significant change and affordability is improving, but what's next?In this episode of The Tom Storey Show, Steve Karrasch and Tom Storey discuss the market, how things are betting better at the same time as they are getting worse, the winners and losers in 2026 and a whole lot more. - - -AUDIO PODCAST LINKS:Spotify: https://open.spotify.com/show/7wEEPUUhaC8g2CsIwJetbdApple Podcast: https://podcasts.apple.com/.../the-tom.../id1627632474Amazon: https://music.amazon.ca/.../the-tom-storey-show-with...?TOM STOREYTom's YouTube Channel: https://www.youtube.com/c/TomStorey/videosThe Storey Team, Royal LePage Signature: https://storeyteam.ca/Instagram: https://www.instagram.com/thestoreyteam/FaceBook: https://www.facebook.com/thestoreyteamSTEVE KARRASCHSteve's YouTube Channel: https://www.youtube.com/c/KarraschRealProperties/videosKarrasch Real Properties, Macdonald Realty: https://www.krproperties.ca/Instagram: https://www.instagram.com/karrasch_real_properties/FaceBook: https://www.facebook.com/KarraschRealProperties/Need VIDEO GEAR? Shop Steve's Amazon Store: https://amzn.to/45cIBbUThe opinions expressed herein are solely that of Steve Karrasch PREC and Tom Storey, not Macdonald Realty, Royal LePage Signature, TREB or the FVREB and should not be misconstrued as advice or the basis of an agency relationship whatsoever. Nor should any of this content be considered or used as financial advice. Please consult your professional advisor prior to taking action on any decisions relating to the matters discussed in these videos. This communication is not intended to cause or induce breach of an existing agency agreement.

Making Money Minute with Ron Hiebert - Home Affordability Canada has a housing affordability crisis. Thankfully it only involves about 30% of the population and is focussed in two main areas - Greater Vancouver and Greater Toronto. In Vancouver it takes 89% of a households income to cover home ownership costs. In Toronto that figure is 65%. Beyond this tiny geographic area there are plenty of places to live in Canada where the job market is solid and homeownership costs are reasonable. In Montreal home ownership costs average 49% of household income, in Ottawa 44%, in Calgary 41% and in Edmonton 32%. A simple solution to home affordability, is to move to where the bargains are. For more information listen to our Making Money Podcast with Ron Hiebert and Graham Hicks at letsmakemoney.ca or CFCW.com

Book a call w/Tom for Toronto: https://calendly.com/TomStoreyBook a call w/Steve for Greater Vancouver: https://calendly.com/stevekarraschWant to be connected with an agent or mortgage broker in your area?

In this Episode, I joined Debbie Balfour on the Let's Talk Real Estate Investing Podcast to break down why influence is the new leverage for investors—especially if you want to grow your portfolio using other people's money.We get practical: how to use social media the way top agents and mortgage brokers do—build trust, communicate your strategy, and attract capital partners and opportunities without feeling salesy.Check Out Debbies Podcast: CLICK HEREGet 50% off Descript for 2 months on the Creator Monthly Plan: https://descript.cello.so/iDcb8kT8jf2If you are thinking of Buying or Selling, book a 15 minute call: https://calendly.com/cameronmanning/15min

**Start Your Realty Ninja Website** Free Trial: https://www.realtyninja.com/tomBook a call w/Tom for Toronto: https://calendly.com/TomStoreyBook a call w/Steve for Greater Vancouver: https://calendly.com/stevekarrasch** Book your home inspection right now with Carson Dunlop ** https://carsondunlop.com/*** Need Home or Property Insurance? *** Use SQUARE ONE: Tenants, Landlords and Home Owners Save $20 with Square One Insurance using this link: https://www.squareone.ca/thetomstoreyshow?offer_code=TTSS- - - Toronto real estate can only be described as BROKEN! High costs of development, Vacant or unsold properties, skyrocketing taxes and affordability is seemingly getting worse. Well... in today's episode of The Tom Storey Show, Steve Karrasch and Tom Storey speak with the man who could like to fix it call, Toronto city councillor Brad Bradford to discuss all of Toronto's issues like the budget, sky high taxation and plummeting development. Good luck Brad in you bid to become Toronto's next Mayor! - - -AUDIO PODCAST LINKS:Spotify: https://open.spotify.com/show/7wEEPUUhaC8g2CsIwJetbdApple Podcast: https://podcasts.apple.com/.../the-tom.../id1627632474Amazon: https://music.amazon.ca/.../the-tom-storey-show-with...?TOM STOREYTom's YouTube Channel: https://www.youtube.com/c/TomStorey/videosThe Storey Team, Royal LePage Signature: https://storeyteam.ca/Instagram: https://www.instagram.com/thestoreyteam/FaceBook: https://www.facebook.com/thestoreyteamSTEVE KARRASCHSteve's YouTube Channel: https://www.youtube.com/c/KarraschRealProperties/videosKarrasch Real Properties, Macdonald Realty: https://www.krproperties.ca/Instagram: https://www.instagram.com/karrasch_real_properties/FaceBook: https://www.facebook.com/KarraschRealProperties/Need VIDEO GEAR? Shop Steve's Amazon Store: https://amzn.to/45cIBbUThe opinions expressed herein are solely that of Steve Karrasch PREC and Tom Storey, not Macdonald Realty, Royal LePage Signature, TREB or the FVREB and should not be misconstrued as advice or the basis of an agency relationship whatsoever. Nor should any of this content be considered or used as financial advice. Please consult your professional advisor prior to taking action on any decisions relating to the matters discussed in these videos. This communication is not intended to cause or induce breach of an existing agency agreement.

January delivered a sobering wake-up call for Greater Vancouver real estate. Sales volumes collapsed 29% year over year—on top of 2025 already being the weakest sales year in a quarter century. That makes this not just a slow start to the year, but one of the most severe demand contractions the market has faced in decades. Against that backdrop, this episode dives into the newly released February data to answer the question on everyone's mind: how close are we to the bottom—and could 2026 actually be worse than 2025?The discussion begins with a critical stabilizing metric: mortgage arrears. Despite mounting pressure elsewhere, Canada's arrears rate remains flat at 0.25%, with just over 12,000 mortgages delinquent out of nearly five million. By global standards, this is extraordinarily low—especially compared to the U.S., where arrears sit more than six times higher. Historically, Canada has never experienced sustained spikes in this metric, suggesting that while prices are falling, systemic mortgage distress has not yet materialized.From there, attention shifts to a growing concern for long-term growth: British Columbia's rising perception as “uninvestable.” Recent legal developments surrounding the Prince Rupert Port Authority underscore a broader risk narrative—projects approved at every level can still face years of legal uncertainty. As foreign capital grows more cautious, the downstream consequences become clear: fewer housing starts, tighter supply down the road, and higher costs borne by everyday Canadians.The episode then tackles a powerful and timely issue—seller psychology. In one of the most competitive markets in over a decade, many sellers are attempting to cut commissions in an effort to preserve net proceeds. The irony is stark. With inventory at multi-year highs, days on market stretching to seven-year peaks, and price cuts routinely reaching $100,000–$150,000, execution matters more than ever. In a 9% sales-to-active ratio environment—the lowest in 13 years—pricing mistakes aren't corrected, they're punished. The takeaway is clear: this is the kind of market where experience, exposure, and strategy matter most.Zooming out, Toronto provides a cautionary parallel. GTA prices are now down 27% from their 2022 peak, sales are at post-financial-crisis lows, and inventory has surged to record January levels. Vancouver's February data shows similar stress. Sales fell to just 1,104 transactions—down 38% month over month and 29% year over year—ranking among the weakest months in two decades. Inventory now sits 38% above long-term averages, while prices continue their steady descent. The benchmark HPI has dropped for ten consecutive months, pulling values back to late-2021 levels.The episode closes with a crucial reminder: housing downturns don't stay contained within housing. Falling prices ripple outward—reducing government revenues, slowing construction, tightening credit, and ultimately weighing on employment and consumer spending. Some price correction is healthy. Prolonged, disorderly declines are not. The risk ahead isn't that the market is adjusting—but that we underestimate how deeply housing is embedded in Canada's entire economic system.This episode offers a clear, data-driven look at where we stand, why the bottom isn't in yet, and why the next phase of this cycle will demand far more discipline. _________________________________ Contact Us To Book Your Private Consultation:

**Start Your Realty Ninja Website** Free Trial: https://www.realtyninja.com/tomBook a call w/Tom for Toronto: https://calendly.com/TomStoreyBook a call w/Steve for Greater Vancouver: https://calendly.com/stevekarrasch** Book your home inspection right now with Carson Dunlop ** https://carsondunlop.com/

Ezra Shanken, CEO of the Jewish Federation of Greater Vancouver, joins The Hub to mark Holocaust Remembrance Day. He discusses how the Holocaust began with moral compromises, drawing parallels to rising antisemitism occurring today. He further addresses the dangerous trend of excluding Jews, the failure of political leaders to set clear boundaries against hate, and the Jewish community's continued commitment to Canada despite facing unprecedented threats and insecurity. This episode is a part of The Hub's new Fault Lines initiative, which examines the pressures pulling Canadian society apart and the principles that can hold it together. Click here to learn more: https://thehub.ca/fault-lines/.   The Hub is Canada's fastest growing independent digital news outlet.   Subscribe to The Hub's podcast feed to get all our best content: https://tinyurl.com/3a7zpd7e (Apple) https://tinyurl.com/y8akmfn7 (Spotify) Watch a video version on YouTube: https://www.youtube.com/@TheHubCanada Follow The Hub on X: https://x.com/thehubcanada?lang=en   CREDITS: Amal Attar-Guzman - Producer and Video Editor Elia Gross - Sound Editor Stephen Staley - Host Sean Kilpatrick/The Canadian Press - Photo Credit 

Watch the Youtube video here: https://youtu.be/1Dn4hrvPadY    If you've ever wondered what real estate agents truly want to know before joining The Align Group, this video breaks down the top questions being asked across Google, YouTube, Reddit, and social media. We walk you through the systems, mentorship, production standards, and leadership access that set our team apart inside eXp Realty. If clarity is what you're looking for, this video gives you a transparent, no-fluff breakdown of what you can expect from day one. You'll also see real examples of production growth from agents who plugged into our roadmap and scaled faster than they ever expected. If you're exploring real estate teams in Greater Vancouver or beyond, this video will help you decide whether The Align Group is the right fit for your business goals.

**Start Your Realty Ninja Website** Free Trial: https://www.realtyninja.com/tomBook a call w/Tom for Toronto: https://calendly.com/TomStoreyBook a call w/Steve for Greater Vancouver: https://calendly.com/stevekarrasch** Book your home inspection right now with Carson Dunlop ** https://carsondunlop.com/*** Need Home or Property Insurance? *** Use SQUARE ONE: Tenants, Landlords and Home Owners Save $20 with Square One Insurance using this link: https://www.squareone.ca/thetomstoreyshow?offer_code=TTSS- - - What is a property worth? What someone perceives as value, or what the free market will bear?In this episode of The Tom Storey Show, Steve Karrasch and Tom Storey speak with Toronto Developer and host of The Canadian Real Estate Show, Darryl Frankfort of DealCore Properties to discuss development and the real value of real estate. Connect with DarrylYouTube: https://www.youtube.com/@TheCanadianRealEstateShow/videosShrubs: https://shrubs.me/DealCore: https://dealcoreproperties.com/- - -AUDIO PODCAST LINKS:Spotify: https://open.spotify.com/show/7wEEPUUhaC8g2CsIwJetbdApple Podcast: https://podcasts.apple.com/.../the-tom.../id1627632474Amazon: https://music.amazon.ca/.../the-tom-storey-show-with...?TOM STOREYTom's YouTube Channel: https://www.youtube.com/c/TomStorey/videosThe Storey Team, Royal LePage Signature: https://storeyteam.ca/Instagram: https://www.instagram.com/thestoreyteam/FaceBook: https://www.facebook.com/thestoreyteamSTEVE KARRASCHSteve's YouTube Channel: https://www.youtube.com/c/KarraschRealProperties/videosKarrasch Real Properties, Macdonald Realty: https://www.krproperties.ca/Instagram: https://www.instagram.com/karrasch_real_properties/FaceBook: https://www.facebook.com/KarraschRealProperties/Need VIDEO GEAR? Shop Steve's Amazon Store: https://amzn.to/45cIBbUThe opinions expressed herein are solely that of Steve Karrasch PREC and Tom Storey, not Macdonald Realty, Royal LePage Signature, TREB or the FVREB and should not be misconstrued as advice or the basis of an agency relationship whatsoever. Nor should any of this content be considered or used as financial advice. Please consult your professional advisor prior to taking action on any decisions relating to the matters discussed in these videos. This communication is not intended to cause or induce breach of an existing agency agreement.

It's 2026 and the market is shifting rapidly. In today's episode Cameron is joined by Kelly Fry to break down what buyers, sellers, and investors need to know right now:* why it's a buyer's market in many pockets*the biggest mistakes buyers make (lowballing + “what if” paralysis)*why waiting for spring can hurt sellers, * & sooo much more!This is a full 2026 market deep dive, so you can be fully prepared for what is to come in the coming year!Get 50% off Descript for 2 months on the Creator Monthly Plan: https://descript.cello.so/iDcb8kT8jf2If you are thinking of Buying or Selling, book a 15 minute call: https://calendly.com/cameronmanning/15min

**Start Your Realty Ninja Website** Free Trial: https://www.realtyninja.com/tomBook a call w/Tom for Toronto: https://calendly.com/TomStoreyBook a call w/Steve for Greater Vancouver: https://calendly.com/stevekarrasch** Book your home inspection right now with Carson Dunlop ** https://carsondunlop.com/

The real estate landscape heading into 2026 may be the most uncertain we've seen in decades. Rising unemployment, declining population growth, global trade tensions, expanding land claims, the risk of renewed rate hikes, falling prices, and record levels of completed but unsold inventory have created a fog over Canadian housing—especially in British Columbia. This episode sets out to unpack the economic forces now shaping the year ahead and offer clear-eyed predictions for what lies ahead in 2026. It's a rare moment where even seasoned market observers admit that forecasting feels unusually difficult. That's precisely why this conversation matters—and why we invite viewers to leave their own predictions, so we can revisit them in a year and see who truly had a crystal ball. National sales slipped 2.7% month-over-month, with 2025 closing down 1.9% overall, while Greater Vancouver posted its weakest sales volume year in 25 years. Active inventory fell for a fourth consecutive month, now sitting 10% below the long-term average and roughly half of what it was in 2015. Prices edged down again, with Canada's HPI falling 4% in 2025 and BC's average home price dropping below $1 million for the first time in years. Provincial dollar volume fell more than 8%, unit sales declined, and affordability remains strained. Overlay this with rising unemployment—now at 6.8%, experiencing the second-largest monthly spike since 2020—and a labor market increasingly concentrated in essential services while private-sector industries contract. Youth unemployment has surged past 13%, underscoring a generation facing diminished economic momentum. Add to that the growing presence of land claims across BC, including new frameworks for “Land Back” initiatives, and the result is a market shadowed by questions around long-term confidence and property rights.At the same time, a global shift in capital allocation is underway. In the United States, equities have overtaken real estate as the dominant driver of household wealth for only the second time since the 1980s. Canada remains more heavily concentrated in property—real estate still represents nearly 42% of household assets—but that imbalance raises important questions about diversification, productivity, and long-term resilience. Against this backdrop, the episode moves into bold 2026 forecasts: Will Canada technically enter a recession? Where will population growth land? How high will unemployment rise before stabilizing? Will inflation remain contained? Where will the Bank of Canada take rates—and what will that mean for fixed and variable mortgages? How far will mortgage arrears climb? What new government policies could reshape the housing landscape? And finally, what does all this mean for sales volumes, inventory, absorption rates, rental prices, luxury transactions, and home values across detached homes, townhomes, and condos? This is a year defined by crosscurrents—economic contraction colliding with structural housing shortages, policy ambition clashing with affordability realities. 2026 may not deliver clarity, but it will deliver consequence. And for those watching closely, it may also deliver opportunity—if you understand the cycle you're standing in. _________________________________ Contact Us To Book Your Private Consultation:

2025 is set to be the slowest year in Lower Mainland real estate in 25 years. Greater Vancouver realtors said there were 23,800 home sales last year, nearly 25 per cent below the 10-year annual average. As for this year, there are mixed expectations. We ask listeners whether the real estate slowdown is a concern. Do we need to spur activity? Or is greater affordability worth it? Michelle is joined by housing advocate Peter Waldkirch and retired architect Michael Geller.

**Start Your Realty Ninja Website** Free Trial: https://www.realtyninja.com/tomBook a call w/Tom for Toronto: https://calendly.com/TomStoreyBook a call w/Steve for Greater Vancouver: https://calendly.com/stevekarrasch** Book your home inspection right now with Carson Dunlop ** https://carsondunlop.com/

**Start Your Realty Ninja Website** Free Trial: https://www.realtyninja.com/tomBook a call w/Tom for Toronto: https://calendly.com/TomStoreyBook a call w/Steve for Greater Vancouver: https://calendly.com/stevekarrasch** Book your home inspection right now with Carson Dunlop ** https://carsondunlop.com/

Every year, we make real estate predictions knowing full well they're as much a reflection of the moment as they are a guess about the future—and 2025 proved just how quickly the ground can move beneath your feet. In this episode, we hold ourselves accountable and revisit the bold calls we made last January: what we nailed, what we completely missed, and what actually unfolded in Canada's economy and housing market along the way. We start with the big economic drivers that were supposed to shape the year. We debated recession risk, population growth, unemployment, inflation, interest rates, mortgages, arrears, and government policy. Some calls landed squarely—like inflation finishing near 2.2% and the Bank of Canada settling close to where we thought. Others, like population forecasts and recession timing, were blown apart by an unexpected demographic reversal, stronger-than-anticipated labour resilience, and policy shifts few saw coming. The population story alone flipped every expectation: instead of adding hundreds of thousands, Canada actually started shrinking by Q3—something unprecedented in modern history—and that shock flowed straight into housing demand, pricing power, and sentiment.From there, we turn to housing fundamentals, where reality humbled just about everyone. We recap how sales volumes fell instead of rising, how inventory surged far beyond expectations, how the pre-sale market nearly froze, and how price performance told a very different story than most forecast. Rental markets softened, luxury retreated, and Greater Vancouver's “winner” markets were fewer and far more nuanced than anyone predicted. We didn't shy away from calling our misses what they were—some wildly optimistic, others too conservative—but each reveals something important: this market continues to behave in ways that challenge even the most experienced economists, analysts, and practitioners. Along the way, we contrast our calls with prominent bank forecasts, highlight the global and political developments that no one had on their radar a year ago, and show how quickly “consensus” can turn to fiction.This episode isn't about pretending foresight; it's about learning in hindsight. It's a candid, data-driven reflection on a year where expectations collided with reality, where economic resilience defied narrative, where policy failed to align with planning, and where Canada's housing story took another unexpected turn. If you enjoy a mix of humility, humour, uncomfortable truth, and meaningful takeaways, this is one of those episodes that reminds everyone—industry pros included—that predicting real estate is far from easy.  _________________________________ Contact Us To Book Your Private Consultation:

**Start Your Realty Ninja Website** Free Trial: https://www.realtyninja.com/tomBook a call w/Tom for Toronto: https://calendly.com/TomStoreyBook a call w/Steve for Greater Vancouver: https://calendly.com/stevekarrasch** Book your home inspection right now with Carson Dunlop ** https://carsondunlop.com/

Guest host Rob Fai talks to David Long, CEO of the Greater Vancouver Food Bank Learn more about your ad choices. Visit megaphone.fm/adchoices

A recent survey finds Canadian parents are facing major holiday spending stress and grandparents are stepping up. Tips for effectively blending families during the holidays. Canadian icon Michael Bublé recently surprised the Greater Vancouver Food Bank with an unforgettable act of kindness. Learn more about your ad choices. Visit megaphone.fm/adchoices

**Start Your Realty Ninja Website** Free Trial: https://www.realtyninja.com/tomBook a call w/Tom for Toronto: https://calendly.com/TomStoreyBook a call w/Steve for Greater Vancouver: https://calendly.com/stevekarrasch** Book your home inspection right now with Carson Dunlop ** https://carsondunlop.com/*** Need Home or Property Insurance? *** Use SQUARE ONE: Tenants, Landlords and Home Owners Save $20 with Square One Insurance using this link: https://www.squareone.ca/thetomstoreyshow?offer_code=TTSS- - - All your going to get for Christmas is a higher mortgage payment! In this week's Christmas Special Episode of The Tom Storey Show, Steve Karrasch and Tom Storey discuss mortgage renewals, mortgage fraud and yet more and higher taxes in Toronto Real Estate. Merry Christmas Everyone! - - -

*NOTE: This podcast is primarily in Mandarin language. Watch the YouTube video here: https://youtu.be/iktYmrm5mEQ Get an inside look at a high-impact real estate training led by a Top 1% Vancouver leader and learn the strategies that actually move the needle for agents. In this session, you'll hear real insights from 19 years of experience, 2300 homes sold, and one of the fastest-growing teams in Greater Vancouver. Whether you're a new agent or a seasoned pro, this training breaks down what's working right now and how top performers are scaling their business. From mindset to systems to production habits, you'll see how top agents think, operate, and grow in any market. If you're serious about elevating your real estate career and learning directly from a leader who has built a 60-agent team and a global organization, this behind-the-scenes session is a must-watch.

After 10 years selling real estate in Greater Vancouver, I'm sharing the BIGGEST lesson I've learned as a Real Estate Agent—and how it can save you years of trial and error. In this episode, I walk through the real stories behind my wins and mistakes, and the mindset shifts that changed my business. Take these lessons to heart and you could shortcut your growth, avoid costly errors, and set yourself up for a long-term career in real estate.Get 50% off Descript for 2 months on the Creator Monthly Plan: https://descript.cello.so/iDcb8kT8jf2Here are the 2 books I recommended in this Episode:Sell It Like Serhant: https://amzn.to/4aaaKGUInfinite Game: https://amzn.to/4q1YY64I have a list of other books you should check out as well if you wanna crush it in Real Estate in 2026: https://tinyurl.com/2jac4uffIf you are thinking of Buying or Selling, book a 15 minute call: https://calendly.com/cameronmanning/15min

**Start Your Realty Ninja Website** Free Trial: https://www.realtyninja.com/tomBook a call w/Tom for Toronto: https://calendly.com/TomStoreyBook a call w/Steve for Greater Vancouver: https://calendly.com/stevekarrasch** Book your home inspection right now with Carson Dunlop ** https://carsondunlop.com/*** Need Home or Property Insurance? *** Use SQUARE ONE: Tenants, Landlords and Home Owners Save $20 with Square One Insurance using this link: https://www.squareone.ca/thetomstoreyshow?offer_code=TTSS- - - What is the outlook for 2026's Real Estate market in Canada... well, in two words: Not Good. In this week's episode of The Tom Storey Show, Steve Karrasch and Tom Storey catch up with BCREA Chief Economist Brendon Ogmundson to find out what happened in 2025 and what to expect in 2026. - - -*** Ontario Agents! Get Your Custom Branded TRESA Explainer Video TODAY! ***Order Here: https://tresavideo.ca/Promo Code: TOMSHOW

A market outlook from Royal LePage forecasts a decline in home sale prices across Greater Vancouver in 2026, while Rentals.ca says average rent prices in Vancouver are in decline. Royal LePage managing broker Randy Ryalls and Royal LePage Sussex property manager Nina Knudsen join the show to talk about changes in the market.

Vancouver home prices have fallen for the 8th consecutive month, hitting their lowest level in 33 months. The December data confirms what many have felt for weeks: the market is cooling faster than most anticipated. Sales are slowing, inventory remains elevated, and both developers and institutional investors are feeling the strain. In this week's report, we break down what's driving this latest leg down — from stalled projects and falling rents to REIT dividend cuts, mortgage renewal pressure, and what to expect from the Bank of Canada next week.Let's start with development. One of Vancouver's biggest stories comes from Landa Global Properties, whose two-tower West End project was approved seven years ago but still hasn't broken ground. Originally slated for 129 market rental units and $75 million in community amenity contributions — about $169,000 per home — the proposal has since been reworked to include 51 social housing units, fewer market rentals, and no Passive House certification, in an effort to make the project financially viable. Despite its prime location, the developer says rising costs, high interest rates, and market softness have made the numbers impossible to pencil. It's a stark example of what's happening city-wide: pro-formas no longer work, lenders are pulling back, and the result will be fewer new homes hitting the market in the years ahead.The arrears rate, however, remains surprisingly stable. At 0.24%, it's unchanged month-over-month — meaning 99.76% of mortgages are still being paid on time. Ontario saw a small uptick to 0.25%, but B.C. held steady at 0.21%. Despite six months into the “renewal wall,” Canadians are holding up better than expected. The real stress test arrives in 2026, when nearly one-third of all mortgages will reset at higher rates. Still, arrears remain 32% below their 30-year average, suggesting that for now, borrowers are managing the pressure.An intriguing shift is showing up in the banking data: for the first time in 35 years, the total number of active mortgages is falling — down nearly 2% year-over-year. Normally that number rises 2–5% annually. Some of the decline may stem from mortgage payoffs during the pandemic's liquidity boom, a slowdown in purchases, and the movement of lending to credit unions (which aren't included in the national data). It's another sign that both buyers and lenders are becoming increasingly cautious.Turning to the data, Toronto's prices are down 25% from the 2022 peak, and Vancouver's aren't far behind. December sales in Greater Vancouver fell 22% month-over-month to 1,844 units — the slowest pace in 25 years — and remain 21% below the 10-year average. Inventory dropped 12% from November but still sits 36% above the decade norm. The sales-to-active ratio fell to 13% (9% for detached, 14% for townhomes, 15% for condos).Prices followed suit. The HPI benchmark slipped another 0.3% to $1,123,700 — down 5.5% from  March's annual high — bringing values back to February 2023 levels. Median and average prices also declined, to $950,000 and $1.24 million respectively. _________________________________ Contact Us To Book Your Private Consultation:

The slowdown in Greater Vancouver's housing market continues. CBC's Justin McElroy crunched the numbers and found the sales for the region will be the lowest since the start of the century. Vancouver Realtor Steve Saretsky joins the show to discuss the slowing real estate landscape.

Think your 2026 assessment is your home's value? Think again.In a few minutes, I explain why BC assessments lag 6–18 months behind the market, where property values are actually moving in Metro Vancouver & the Fraser Valley, and 3 Strategies to price your home to today's market so you don't bleed equity to days-on-market.Stay tune and if you'd like find out what your home is worth in todays market, book a 15 minute call: https://calendly.com/cameronmanning/15min

Black Friday is a few days away, kicking off the holiday shopping season amid cost of living concerns and tariff pressures from the U.S. Retail analyst Bruce Winder and Family Services of Greater Vancouver manager of financial empowerment Murray Baker join the show to discuss holiday budgeting.

For years, one of the driving narratives in Canadian real estate was deceptively simple: population growth equals home-price growth. Between 2021-2023, that tailwind was unmistakable — massive immigration, booming temporary residents, and a swelling demand for housing fueled price rises across the country. But that story is now changing. The latest federal budget from Ottawa projects zero population growth for the first time in modern history — a signal that the era of “Demographic Alpha” may be over.In British Columbia, the October numbers underscore the shifting landscape. Home sales across the province dropped by 10% year-over-year, with only 6,370 units sold, yet the average price ticked up to $987,600 (a modest 0.8 % increase). At first glance, that may seem counter-intuitive—especially given the drop in the Greater Vancouver region, where prices actually fell 3.4%. What it reveals is a province where local dynamics are diverging: outside the Lower Mainland some markets are still inching up.Nationally, every province except Ontario is showing year-over-year price increases. Ontario is down about 2.9%, even though pockets within have seen drops of 30 % or more. Two regions — Newfoundland and the Northwest Territories — are up more than 10%. So while the broader narrative remains “prices rising,” it's the hyper-local story that matters.Let's go back to population. For decades, Canadian real estate bulls pointed to one immutable fact: we kept growing. New people meant new renters, new buyers, new demand — the structural scarcity argument. But Ottawa's policy shift is turning the page. Between 2020 and 2024, population growth was arguably the strongest single driver of housing returns: it boosted rentals, shortened vacancy, supported pre-construction profits. Now the federal government's reduced intake of permanent and temporary residents is removing that force. Growth dropping from 3% to near zero rewrites the math of valuations.The consequences are broader than real estate: GDP growth in recent years has largely been powered by population expansion. With shrinking labour-force growth and rising youth and newcomer unemployment already flagged by the Bank of Canada, housing demand will be impacted. In effect, immigration policy is now acting as a rate hike — cooling demand without touching interest rates. For investors and developers, the easy “demographic premium” is gone.Condo starts continue to collapse. New sales of condo units have tanked, and about 18 months later condo starts follow that trajectory. We're seeing new-home construction at 15-year lows, fewer jobs in building trades, fewer units coming to market. And then there's the demographic domino effect.So what does this all mean for you—or for anyone who's betting on real estate? The thesis of perpetual population-driven housing demand is under threat. Scarcity is no longer guaranteed. The fundamentals are shifting: slower growth means slower demand, longer lease-ups, muted appreciation. For developers, investors and agents alike: adaptation is key. The era of demographic tailwinds is fading. The question now is: who will stay ahead in the new chapter? _________________________________ Contact Us To Book Your Private Consultation:

The market's not killing agents — their habits are.Let's talk about what's really driving REALTORS® out of the business and how to fix it.

Ep. 105: Figuring out how to harness your story and loss to build a businessToday's episode is a special, off-schedule release in honour of Pregnancy and Infant Loss Remembrance Day.After enduring pregnancy losses, including a second-trimester miscarriage during the pandemic, Angel Leung realized she had the tools to advocate for herself—but most people don't. So she created the kind of support she wished she had: clear, compassionate, personalized care for families going through the unthinkable.In this episode, we discuss:Angel's journey through loss Pivoting from employee to entrepreneurUsing lived experience to design meaningful, heart-led offersBuilding a business from your values (not just your resume)Claiming the niche that scares you—because it matters mostParenting through grief, and what our kids can teach us about lossFULL SHOW NOTES & TAKEAWAYSRelated EpisodesEp. 95: The emotional journey of surrogacy and parenting with Stephanie Bosello  – Spotify or AppleEp. 94: How to co-regulate without losing yourself as a parent with Tracy Adams – Spotify or AppleEp. 86: How to start a consulting business as a mom: Tiffany Rosik's career pivot story – Spotify or AppleAbout Angel LeungAngel is the founder of Baby Bean Consulting, created from her passion to walk alongside parents through the heartbreak and hope of growing a family. She supports women and families navigating miscarriage, pregnancy after loss, and birth trauma — helping them feel seen and cared for when it's hardest to find support.A Registered Nurse with both clinical expertise and personal lived experience, Angel blends evidence-based care with heartfelt compassion and advocates for better understanding and support around perinatal loss.

The Greater Vancouver Chamber has opened registration for the 2026 National Civics Bee®, encouraging middle school students across Southwest Washington to engage in democracy and community problem-solving. Essays are due Feb. 3, with finalists advancing to a live quiz April 20. https://www.clarkcountytoday.com/news/greater-vancouver-chamber-opens-registration-for-the-2026-national-civics-bee/ #Vancouver #CivicsBee #GreaterVancouverChamber #YouthLeadership #Education #CivicEngagement #StudentLeaders #CommunityInvolvement #SouthwestWashington #DemocracyInAction

Canada's housing market is shifting faster than the headlines suggest—and not in one direction. On paper, “affordability” is improving as prices slip and the overnight rate eases to 2.5%, taking ownership costs back toward late-2021 levels. But the market isn't responding like 2021 because confidence has fractured. Job openings fell 4.2% month-over-month, construction vacancies plunged 14.3% in a single month, and there are now more Canadians on EI (~550k) than there are job postings (~460k). That backdrop makes a million-dollar decision a hard sell. Meanwhile, the presale engine that funds future supply is sputtering: the GTA's August logged just 300 new-home sales—down 42% year-over-year and 81% below the 10-year norm—with Vancouver operating at roughly a third of typical activity. Builders are finishing what's already in the ground, but not launching new projects, setting up a delayed-impact shortage later this decade even as today's prices grind lower.Policy is tightening, too. OSFI's 2026 capital rules will stop investors from “re-using” the same rental income to qualify for multiple mortgages and will push more loans into income-producing buckets that carry higher capital charges. Combined-loan products will be treated as defaulted across the bundle if one piece fails. Translation: leverage gets harder for small investors just as institutions—REITs, pensions, private equity—face fewer practical constraints and can buy at scale. The likely result is a further professionalization of the rental market and a harder path to wealth-building via real estate for the middle class. At the same time, the long-standing premium of new-build over resale is wobbling. In the U.S., resale has flipped to price above new for the first time in decades—a signal of builder discounting, smaller product mixes, and the powerful “rate-lock” effect that traps owners in ultra-low mortgages and starves resale supply. Canada is different (shorter mortgage terms), but presale discounts and “more reasonable” launch pricing are appearing here, too.Macro currents aren't providing much lift. Housing starts fell 16.3% month-over-month to a 246k pace, with rentals (≈102k) almost matching all single-family plus condo starts—unsustainable without firmer demand and cheaper capital. BC's single-family permits have collapsed to ~45-year lows, underscoring just how thin end-user appetite is at current price points. Households remain stretched: the debt-service ratio ticked up to 14.4%, near 15-year highs for interest costs, and yet arrears improved modestly and net worth rose with equity markets—an uneasy equilibrium that doesn't restore confidence. On the ground, October stats still read “slow grind”: sales in Greater Vancouver hovered ~20% below the 10-year average, months of supply kept the market balanced, days-on-market rose for a sixth straight month, and the HPI slipped again—down ~4% from March's high and back to early-2023 levels. Add it up and you get a market in reset: prices easing, presales anaemic, credit tighter for small landlords, and starts rolling over. In this episode, we unpack what that means for buyers eyeing value, sellers recalibrating expectations, and policymakers deciding whether to intervene—or let the reset run its course. _________________________________ Contact Us To Book Your Private Consultation:

On Sept. 19, Prime Minister Mark Carney's government unveiled a series of planned changes to Canada's criminal code. They, in part, crack down on the explosion of hate crimes across the country over the past two years since Oct. 7, mostly against Jewish people. The new bill is called the “Combatting Hate Act” and still has a way to go before it is passed and takes effect. Ottawa intends to make it a crime when hateful protesters try to scare and intimidate minorities, including Jews, from accessing their community buildings, including synagogues, Jewish Community Centres, Jewish seniors homes, Hebrew schools and even cemeteries. The new law would also, for the first time, outlaw the public display of the Nazi swastika and the SS symbol in Canada, as well as other terrorism signs, if the people waving them are wilfully urging hatred against an identifiable group. Many Jewish leaders are applauding the gesture as a strong signal that the Carney administration is keeping an election promise while putting a strong emphasis on fighting domestic antisemitism–that even while Canada announced on Sept. 21 it has formally recognized the Palestinian State, the government does not want to drag Middle Eastern politics onto Canadian soil. So what's in the new bill? Will it make it safer for Jews today, as the High Holidays begin? The short answer is: no. On today's episode of The CJN's _North Star _podcast, hate crimes legal expert Mark Sandler—founding chair of the Alliance of Canadians Combatting Antisemitism—joins host Ellin Bessner to break down the proposed reforms. Also joining is Ezra Shanken, CEO of the Jewish Federation of Greater Vancouver, who personally met with the prime minister in Ottawa just days before the announcement. Related links Read more reaction to the proposed changes to the Criminal Code to outlaw terror symbols and the Swastika, and better define hate and intimidation outside Jewish buildings, in The CJN. Learn more about why Canada banned the Irish band Kneecap from performing next month, in The CJN. Why B'nai Brith Canada lobbied Whitby, Ont. to agree to ban the Swastika, on The CJN Daily (now “North Star”) podcast. Credits Host and writer: Ellin Bessner (@ebessner) Production team: Zachary Kauffman (senior producer), Andrea Varsany (producer), Michael Fraiman (executive producer) Music: Bret Higgins Support our show Subscribe to The CJN newsletter Donate to The CJN (+ get a charitable tax receipt) Subscribe to North Star (Not sure how? Click here)

An interview with Janet Kenefsky, COO of the Greater Vancouver Chamber about Give More 24, their 24 hour fundraising campaign for local non-profits, and about the changes happening in downtown Vancouver.

B.C. is tightening the rules on short-term rentals—and Kelly Fry landed squarely in the crosshairs. In this Tale from the Trench episode, from our monthly Investors Performance Group Meeting, she walks through the investigation step by step: the notice, the documents they wanted, the timelines, and how it actually wrapped.If you host (or plan to) and AirBNB in B.C., this real-world play-by-play is a must-listen. Subscribe to the podcast and share this with Airbnb hosts in B.C. who need the heads-up.

Ep 538 - Selling Vancouver Jacquie Griffiths By Stuart McNish   “France, Hong Kong, Ireland, Mexico, Singapore, and the United States have successful Foreign Direct Investment (FDI) agencies. Canada can learn from these nations,” states a 2016 Government of Canada report called “Bringing Foreign Investment to Canada.”   The report points out Canada is trailing far behind in efforts to invite foreign companies to set up shop here, despite the benefits FDI brings. The report points out, “FDI strengthens Canadian productive capacity through knowledge transfer, the development of human capital, and new technology, management techniques, and production processes.”   According to the report, central to attracting foreign business “is a commitment at the highest political level as well as the provision of financial support and resources needed, active involvement from senior government officials, a single agency that coordinates information and services across various government offices, top-level talent, a clear investment strategy, use of a ‘concierge' service for investors, from initial contact and cultivation to assistance after the investment takes place. In the United States, the president, governors, and ambassadors are all involved in marketing and recruiting efforts.”   We invited Jacquie Griffiths, the CEO of Invest Vancouver, to join us for a Conversation That Matters about Greater Vancouver's efforts to attract foreign direct investment.   You can see the interview here https://www.conversationsthatmatter.ca/   Learn More about our guests career at careersthatmatter.ca

Ep 540 - Rental Development: Risky Business Beau Jarvis & Kerri Jackson By Stuart McNish   The rental vacancy rate in Greater Vancouver and the Fraser Valley is tight – less than one per cent, year over year. “That, on its own, puts pressure on the market driving up rental rates,” says Kerri Jackson of Concert Properties. Building new supply is a long and challenging process in a remarkably complex municipal landscape made up of 21 different jurisdictions.    Add in factors such as a decades-long shift away from purpose built rental in favour of condo developments that once sold to investors became rental properties. Beau Jarvis of Wesgroup says, “Recently, purpose-built rental housing has resurfaced as a way of easing the tight supply – a good idea, but one that developers are hard-pressed to jump onside with minimal uptake from developers.”   As of October 2024, there are minimal purpose-built rental properties throughout the Metro Vancouver and Fraser Valley region. Those properties are a step in the right direction; however, they do not come close to the volume of new projects that are required to meet demand.   We invited Kerri Jackson of Concert Properties and Beau Jarvis of Wesgroup to join us for Conversation That Matters about the value of purpose-built rentals and why it's a risky business.   You can see the interview here https://www.conversationsthatmatter.ca/   Learn More about our guests career at careersthatmatter.ca

The Greater Vancouver Chamber announced finalists for the 2025 Business & Leadership Awards, presented by Riverview Bank, with a Facebook Live ceremony and an in-person VIP Social at The Heathman Lodge on Oct. 9; categories include Start-Up to Watch, Small Business, Large Business, Statesperson, and Manufacturer of the Year, with First Citizen honorees David and Patricia Nierenberg also recognized. https://www.clarkcountytoday.com/business/greater-vancouver-chamber-announces-finalists-for-2025-business-leadership-awards/ #VancouverWA #BusinessAwards #GreaterVancouverChamber #SouthwestWashington #Leadership #SmallBusiness #ManufacturerOfTheYear #VIPSocial

Welcome to Life in a Schell! I'm your host, Christina Schell. On this episode, we're diving into the topic of confidence. I call up the amazing Courtney Napper on my Schell for a beautiful conversation all about owning your confidence and stepping fully into your power. Reminder: you absolutely deserve to own your confidence. Go out there and slay, you confident badass. ❤️The featured song and musical artist on this episode is Self Control by Tess Anderson. Enjoy!Thanks for tuning in! Follow on Spotify + Apple Podcasts, share with your friends and come say hi on Instagram ⁠⁠⁠⁠⁠@christinaschell⁠⁠⁠⁠⁠ + ⁠⁠⁠⁠⁠@lifeinaschell⁠⁠⁠⁠⁠

The Greater Vancouver Chamber has opened nominations for its 2025 First Citizen Award, celebrating long-term civic and business leadership in Southwest Washington. Nominations are due by August 14, and the winner will be honored this fall at the Chamber's Business & Leadership Awards. https://www.clarkcountytoday.com/news/greater-vancouver-chamber-opens-nominations-for-the-2025-first-citizen-award/ #FirstCitizenAward #VancouverWA #CommunityLeadership #GreaterVancouverChamber #ClarkCounty #CivicEngagement #JohnMcDonagh #BusinessAwards #Philanthropy #Leadership

Wallace Griffin, 11, stood out at the Junior Market with his inventive Lemonade Lab and won 2025 Entrepreneur of the Year. Backed by OnPoint and the Greater Vancouver Chamber, Wallace combined creativity, strong sales, and generosity. https://www.clarkcountytoday.com/business/junior-markets-entrepreneur-of-the-year-recognized-by-greater-vancouver-chamber-and-onpoint-community-credit-union/ #JuniorMarket #YouthBusiness #WallaceGriffin #LemonadeLab #EntrepreneurOfTheYear #VancouverWA #OnPointCreditUnion #GreaterVancouverChamber #LemonadeDay

In this week's Vancouver real estate update, we dive into the latest data and indicators painting a complex picture of the market. We start with the Housing Affordability Index, a measure of median household income against mortgage payments, taxes, and utilities. According to this index, Canadian homes have never actually been considered affordable—not once in the last 40 years. The most affordable period came in the late 1990s, when the metric dipped to 34%, just shy of the “ideal” target of 33%. Today, affordability sits at 55%. While that's a meaningful improvement from the record high of 63.5% in Q4 2023, it still remains well above the threshold of sustainable home ownership.Interestingly, Canadian affordability is now at the same level it was in 1990—just before a decade-long improvement in affordability followed. Whether or not that trend repeats remains to be seen. RBC's latest forecast doesn't think so. They project affordability will bottom later this year around 52%, then begin worsening again in 2026.On the inflation front, May CPI came in at 1.7%, unchanged from April. This marks the 18th consecutive month within the Bank of Canada's 1–3% target range. Core inflation registered at 2.9%, the upper end of the band but still acceptable. Mortgage interest costs remain a key driver, adding 0.4% to the CPI. It's important to note that most other countries exclude mortgage interest from their inflation basket. Without it, Canada's inflation would have been closer to 1.3%. Rented accommodations contributed 0.3%, but StatsCan's data appears to lag. While they report rents up 4.3% annually, Rentals.ca shows a 3.3% decline in the last year. Turning to interest rate expectations: markets are only pricing in a 30% chance of a rate cut at the July 30th Bank of Canada meeting. And as of now, there is just one more rate cut expected for the remainder of 2025. That outlook has cooled considerably, given earlier projections of more aggressive easing.Now to the July 2025 housing stats. Total home sales in Greater Vancouver hit 2,186 units in June, down 9.5% from last year and a staggering 26% below the 10-year average. It was the second slowest June on record—worse than the Global Financial Crisis and COVID shutdowns. This follows what was already the slowest May on record. The spring market never materialized, and current indicators suggest a muted summer and fall ahead.New listings reached 6,301 in June, up 10% year-over-year but down 5% from May. Inventory sits at 16,852 active listings, down 1% month-over-month but still 19% higher than a year ago and 44% above the 10-year average. At the time of reporting, inventory has climbed to over 18,200 active listings. The Sales-to-Active-Listings ratio remains at 13%—signaling a balanced market—for the 13th straight month. Detached homes are at 10%, townhomes at 17%, and condos at 14%.Prices continue to slide. The Home Price Index (HPI) dropped for the third straight month in 2025, down 0.3% month-over-month to $1,173,100. That puts prices 2.8% lower than one year ago. The median price stayed flat at $985,000, but remains up $70,000 year-to-date. The average price rose $9,000 to $1,275,000, its highest point in 2025, and up $68,000 YTD.The Vancouver housing market remains stable but sluggish and perhaps increasingly so. Affordability is slowly improving but remains historically poor _________________________________ Contact Us To Book Your Private Consultation:

In this week's episode, we're diving deep into one of the most dramatic real estate stories in Canadian history — the Fraser Valley housing boom and bust. During the COVID-era market frenzy, the Fraser Valley became a magnet for buyers looking to escape the city. Between 2020 and 2022, prices in cities like Abbotsford skyrocketed, with the average home price doubling from $500,000 to over $1 million in just two years. Fueled by low interest rates, remote work freedom, and the desire for more space at a better price, the Valley quickly became one of the fastest-appreciating regions in the country.But the surge didn't last.Since the Bank of Canada began raising interest rates in 2022, the Fraser Valley has undergone a rapid reversal. With interest rates now hovering around 5%, the market has softened dramatically, and prices are down approximately 25% from peak levels. In this episode, we're joined by Fraser Valley real estate advisor Conor Kelly, who walks us through the highs, lows, and what's next for this once red-hot market. From forced sales and shrinking equity to renewed commuting realities and a cooling demand, we explore how some homeowners are being pushed to sell at a loss and leave the Valley altogether.We begin by setting the stage with a look at the Fraser Valley before the pandemic. What was this market like pre-2020? And how did it shift so aggressively once the pandemic hit? Conor shares his on-the-ground insights into the feeding frenzy that took hold between 2020 and 2022, as well as how quickly sentiment shifted when interest rates started climbing.Next, we bring things to the present. The Greater Vancouver market is facing high inventory, slowing sales, and flat-to-declining prices — but is the Fraser Valley operating on a similar trajectory, or is it behaving independently? Conor compares the two markets and helps us understand how local dynamics, migration trends, and economic pressures are shaping today's Valley.We also explore an issue that's starting to impact the entire province — population decline. For the first time outside of pandemic anomalies, BC recorded a population contraction. And while Vancouver grabs the headlines, Conor breaks down how this trend is unfolding in the Valley and what it could mean for long-term demand.Then we turn to the pre-sale market, a sector facing serious challenges in Vancouver and Toronto, where developer bankruptcies and collapsing buyer confidence are freezing future supply. How is the pre-construction market faring in the Valley? Are developers hitting pause, or is there opportunity for those with longer timelines?Finally, we look ahead. What does Conor think is in store for the Fraser Valley over the next few years? Will prices rebound? Will affordability improve? And what should buyers or potential movers know before deciding to make the Valley their home?Whether you're a buyer, seller, investor, or just curious about where BC's real estate market is headed, this episode offers critical insights into one of the most volatile and revealing markets in the country. Don't miss this one — hit play to hear what's really going on in the Fraser Valley. _________________________________ Contact Us To Book Your Private Consultation: