Podcasts about Reia

Since the 1980s, Canadian real estate prices have increased 700% faster than wages, and the consequences of that imbalance are starting to surface across the country. In this episode, we unpack a dramatic shift in the housing market that could signal the end of a four-decade bull run. We begin with new data showing that real wages have barely moved in 43 years—up just 24%—while real estate values, even after recent declines, are still up over 160% after inflation. That divergence has fuelled inequality, made homeownership feel unattainable for younger generations, and created what some economists are now calling a return to neo-feudalism—where wealth and housing access are increasingly concentrated among the few.We also explore the Bank of Canada's recent messaging, where the odds of a rate cut in July have fallen to just 25%, with markets now pricing in only one more cut for the rest of 2025. That would leave mortgage rates not far from where they are today, providing little relief for buyers. Meanwhile, the condo pre-sale market is collapsing, especially in Toronto, where there is now over 58 months of inventory—meaning it could take until 2030 to absorb what's already built. As sales disappear, so too do new condo starts, and building permits in April dropped by 14.6% year-over-year, led by a 20.5% decline in multi-family construction, with Vancouver alone accounting for nearly $1 billion of the pullback.On the employment front, Canada's job market is flashing warning signs. The national unemployment rate rose to 7% in May, the highest in nearly a decade outside of the pandemic. Ontario hit 7.9% and Toronto 9%, with youth unemployment hitting a staggering 20.1%—the worst since the 1990s. As hiring stalls and cost pressures mount, many students and recent grads are being locked out of the workforce entirely, casting a long shadow over household formation and future housing demand. This is a leading indicator of broader economic weakness and a key reason why the housing market could be facing deeper structural problems ahead.Finally, while average rents in Canada have now fallen for eight consecutive months year-over-year, they remain 12.6% higher than just three years ago. That's a partial win for tenants, but another blow to investors who are already grappling with declining condo values and stagnant prices. Sales volumes are flat month-over-month and prices remain stable, but beneath the surface, Canada's housing fundamentals are shifting fast.This episode connects the dots between affordability, generational inequality, interest rates, and a rapidly softening condo sector. If you're a buyer, seller, investor, or simply trying to understand where Canadian real estate is headed next—this is the update you can't afford to miss. _________________________________ Contact Us To Book Your Private Consultation:

In Episode 218 of REIA Radio, we dive into the story of Nikki Klugh—a powerhouse interior designer, military spouse, investor, and community builder. From humble beginnings in Houston to becoming a finalist for San Diego Woman of the Year, Nikki shares how she transitioned from decorating rooms as a hobby to remodeling entire homes and spearheading multi-million-dollar real estate deals.You'll hear how a neighbor's offhand comment in Palo Alto planted the seed for investing, how Nikki and her husband leveraged a California property windfall to purchase 26 units in Omaha, and how she's involving her sons in building generational wealth—one unit and one system at a time. Nikki breaks down the intersection of design, investing, and tax strategy (yep—she's got professional real estate investor status with the IRS), and she dishes on why your traffic flow might matter more than your granite color.She also opens up about the challenges of restarting a business during COVID, building new community in Omaha, and how the power of intentional design and communication applies as much to family as it does to real estate.If you've ever wondered how to blend creativity with cash flow, raise kids while raising capital, or build a business that feels like purpose and not just profit—this episode's your blueprint.Reach out to Nikki Klugh:Visit https://nikkiklughdesign.comInstagram: @nikkiklughdesignFacebook: Nikki Klugh Design GroupIf you enjoyed this episode and got value from Nikki's story, help us keep the momentum going by leaving a review on Apple Podcasts or Spotify. Every rating helps us reach more real estate investors and storytellers just like you.Like what you heard? Follow us, share the episode, and don't forget to subscribe so you never miss a drop of REIA gold.You can Join the Omaha REIA - https://omahareia.com/join-today Omaha REIA on Facebook - https://www.facebook.com/groups/OmahaREIA Check out the National REIA - https://nationalreia.org/ Find Ted Kaasch at www.tedkaasch.com Owen Dashner on Facebook https://www.facebook.com/owen.dashner Instagram - https://www.instagram.com/odawg2424/ Red Ladder Property Solutions - www.sellmyhouseinomahafast.com Liquid Lending Solutions - www.liquidlendingsolutions.com Owen's Blogs - www.otowninvestor.com www.reiquicktips.com Propstream - https://trial.propstreampro.com/reianebraska/RESimpli - https:...

Sales volumes have collapsed across Canada, and Vancouver is no exception. May 2025 saw just 2,228 sales—down 18.5% from an already slow May last year, and a staggering 30.5% below the 10-year average. This marks the slowest May on record in over 20 years, highlighting just how extreme the slowdown has become. In the pre-sale market, the picture is even bleaker. Vancouver saw only 816 new condo sales in the first quarter of 2025, an 84% drop from the 5,250 sold during the same period in 2022. Meanwhile, in the Greater Toronto Area, April 2025 recorded only 310 new home sales, a shocking 72% drop from the same time last year and an astonishing 89% below the 10-year average—this is the worst April on record for new home sales in the GTA.In the resale market, the GTA is facing a flood of new listings, with active inventory reaching 30,964 in May—a 41.5% jump year-over-year and levels not seen since the 1995 housing downturn that led to decades of price stagnation. New listings surged 14% compared to May 2024, totaling 21,819—the second-busiest May on record. However, with sales unable to keep pace, the sales-to-new-listings ratio plummeted to just 28%, firmly in buyers' territory, where prices typically face downward pressure. Interestingly, despite the surge in inventory, prices in Toronto edged up 0.3% month-over-month to $1,012,800, though they remain 4.5% below last year's levels. Whether this is a sign of a bottom or just a temporary pause in the broader correction remains to be seen.Adding to the uncertainty, the Bank of Canada held its overnight rate steady at 2.75% for the second consecutive meeting, despite core inflation still hovering above 3% on a three-month annualized basis. This decision reflects concerns about slower growth and sticky inflation, which have been exacerbated by trade tensions and tariffs that threaten to prolong a period of stagflation—where growth slows but prices continue to rise. The high cost of borrowing continues to weigh on buyer sentiment and affordability, contributing to the ongoing collapse in sales.In Vancouver, the market is grappling with both a surge in listings and persistently low sales. New listings in May reached 6,640, 4% higher than May 2024 and 9% above the 10-year average, though slightly down from April 2025's peak. Despite this influx of supply, active inventory soared to 16,535—up 26% from a year ago and a massive 46% above the 10-year average—marking an 11-year high for the month. This has given buyers their most extensive selection since July 2014, yet sales volumes remain extremely low, highlighting a deep disconnect between supply and demand. The sales-to-active ratio sits at a meager 14%, indicating a market leaning towards buyers' territory. While the composite Home Price Index (HPI) dipped $7,000 (0.6%) month-over-month to $1,177,100, the median price surprisingly rose for the fourth consecutive month to $985,000, the highest reading this year—suggesting that while high-priced homes might still be selling, the overall market remains fragile. Sellers, especially those receiving offers, need to treat them seriously in this climate, as buyer hesitancy is at a peak. _________________________________ Contact Us To Book Your Private Consultation:

Rebecca McLean, Executive Director of the National REIA, joins us to share key insights from REIA groups nationwide. We discuss generational investing trends, evolving wholesaling laws, and the biggest challenges investors face in 2025. From rising interest rates to regulatory shifts, this episode offers a national pulse on today's real estate market.

This week in Canadian real estate, we saw a rare move toward improving housing affordability—but is it too little, too late?The federal government has announced a GST rebate for first-time home buyers purchasing new homes valued up to $1.5 million. Homes under $1 million will be eligible for a full GST rebate—as much as $50,000—while homes between $1 million and $1.5 million receive a partial rebate. The government claims this will help reduce upfront costs for young Canadians and spur new housing construction. But when you consider that only 10–20% of Canada's roughly 300,000 annual first-time buyers purchase new homes, this measure will actually benefit just 30,000 to 60,000 people nationwide. A step in the right direction? Yes. A scalable solution to affordability? Probably not.And while tax relief is welcome, the bigger issue continues to loom: the soaring cost of construction. Since 2017, Canada's Building Construction Price Index has jumped 90%, nearly doubling costs in just eight years—largely driven by pandemic-era supply chain shocks and inflation. This means even with incentives, developers are unlikely to hit federal housing targets, and pre-sale markets will remain fragile as margins thin and feasibility erodes.We also take a deep dive into Canada's residential mortgage debt, which now totals over $2.42 trillion—including $2.07 trillion in mortgages and $350 billion in HELOCs. That's nearly $370,000 in average mortgage debt across the 6.5 million homes with outstanding loans. With an average amortization of 20 years and today's fixed rates around 4.14%, the average monthly mortgage payment comes in at $2,256. That's barely more than Canada's average rent of $2,109, showing how thin the line between renting and owning has become for many households.Meanwhile in the U.S., delinquency rates on car loans have hit record highs—over 6.5% of borrowers are now more than 60 days behind. It's a stark indicator of mounting financial stress, and one that could spill over into the broader economy, potentially triggering interest rate cuts and even recessionary pressure stateside. A U.S. slowdown almost always influences Canada, especially when it comes to monetary policy.We also zoom out and look at G7 home price trends, and the results are jaw-dropping. Since 1985, Canada leads the G7 in inflation-adjusted home price appreciation—up 360%. That's even after an 18% national correction from peak pricing. For comparison, the UK is up 340%, the U.S. 220%, while Japan's prices have actually fallen 30%. The data paints a picture of just how extreme Canada's housing market has become over time—and how hard it may be to “normalize.”And finally, we preview next week's Bank of Canada interest rate decision. As of May 26th, odds are now sitting at 70% that there will be no cut, despite growing calls for relief. With inflation data holding steady and economic signals mixed, the BoC remains cautious.In our mini market update: Vancouver has just crossed 18,000 active listings—the most in 12 years—while May sales are on track to be the lowest ever recorded for the month, even as prices spike. Median prices are now within 1% of all-time highs, and average prices are up over $50,000 in just 30 days. It's a paradoxical moment: high supply, low sales, rising prices. Welcome to 2025. _________________________________ Contact Us To Book Your Private Consultation:

In Part 2 of the Real Estate Roundtable, host Joey Romero continues the conversation with REIA leaders Lisa Hoegler (LA South REIA), Larry French (CVREIA), and Dan Redig (SDCIA). They discuss their dream guest speakers, ongoing educational pursuits, and offer valuable insights into today's market sentiment. The episode wraps with predictions for 2025, practical advice for new investors, and the importance of connecting with local investor communities. For more information on this month's featured clubs and speakers, please see below:LA South Real Estate Investors AssociationSan Diego Creative Investors AssociationCoachella Valley Real Estate Investors AssociationIn this episode:REIA leaders share their dream guest speakers for investor club eventsOngoing personal education and growth strategies for real estate professionalsInsights into current market sentiment and how investors are reactingExpert predictions and economic outlook for real estate in 2025Actionable advice for new and aspiring real estate investorsThe importance of building relationships through local investor clubsThe Norris Group originates and services loans in California and Florida under California DRE License 01219911, Florida Mortgage Lender License 1577, and NMLS License 1623669.  For more information on hard money lending, go www.thenorrisgroup.com and click the Hard Money tab.Video LinkRadio Show

In this eye-opening episode of the Rent Perfect Podcast, host David Pickron flips the script—literally—as Scot Aubrey hijacks the mic to interview David about his first-hand experience renting by the room.  What started as a way to improve cash flow on two midterm rental condos turned into a real-world experiment full of lessons on communal living, fair housing considerations, roommate dynamics, and landlord headaches. From demanding tenants to surprise wins, David shares the challenges, red flags, and unexpected wins of diving into the rent-by-room model in today's shifting rental market.

Affordable housing continues to dominate the national conversation—and yet, no level of government seems to have cracked the code. In today's episode of The Vancouver Life, we're taking this issue into our own hands. Following our most-commented video ever, where we introduced a series of bold ideas to bring truly affordable, ownership-based housing to Canadians, we're back with more. Many responded with sharp criticism, valid points, and even better ideas. It inspired us to expand on the original concept, now tentatively called The Dan Plan, and crowdsource even more solutions from our community. With over 10,000 viewers tuning in weekly, if even 1% of you contribute, that's 100 new ideas we can compile into a living document—and present directly to government contacts with the goal of influencing real policy change.The 'Dan Plan' includes removing development cost charges and developer profit margins by having government step in as the builder, offering 0% interest construction loans, and fast-tracking approvals. For buyers, it proposes radical affordability measures: zero down payment, no GST, no property transfer tax, and even no annual property tax for qualifying homes. These changes, if implemented, would reduce the barrier to homeownership by a huge amount—immediately. This isn't about building a few thousand affordable rentals years from now. This is about creating affordable homes people can own and build wealth with today. And while the plan isn't perfect, it's meant to start a conversation—and we want you to be part of it. Share your ideas in the comments, and we'll refine and present the best of them to government officials.In addition to the affordability push, we highlight a rare real estate opportunity happening right now in Surrey. The Belvedere, a just-completed concrete high-rise, is offering homes at 25% below their original list price. Despite showing “sold out” online, approximately 70 units are being released under this promotion, with prices starting at $721 per square foot. Appraisals are reportedly coming in $90,000 higher than the discounted prices, making this one of the most compelling condo deals in the Lower Mainland. Financing is expected to be smoother with these valuations, and we anticipate a swift sell-out. To learn more or get access, visit condoday.ca or reach out to us directly.We also unpack a massive week in Canadian real estate data. Housing starts jumped 30% in April to 279,000 annualized units—the strongest print since June 2023—but nearly all of that growth came from purpose-built rentals. Condo and single-family home starts, by contrast, have fallen to decade lows. This unusual dynamic points to a likely plateau in rent prices and suggests that condo values may face future headwinds due to increased supply and moderating rents.Whether you're passionate about housing affordability, curious about the current market landscape, or just looking for a rare real estate deal, this episode delivers insight and opportunity. And if you believe Canadians deserve affordable homes they can own, now is the time to raise your voice. Drop your ideas in the comments—we're listening, compiling, and taking action. _________________________________ Contact Us To Book Your Private Consultation:

In this episode of INVESTOR CLUB ROUNDUP SHOW  host Joey Romero sits down with REIA leaders Lisa Hoegler (LA South REIA), Larry French (CV REIA), and Dan Redig (SDCIA) for a dynamic roundtable discussion. They share how their clubs have adapted in a changing market—from flipping to finance, lunch meetups to online events, and a growing focus on ADUs. Tune in for valuable insights on local real estate trends, the power of investor communities, and how education is evolving across California's REIA landscape. For more information on this month's featured clubs and speakers, please see below:LA South Real Estate Investors AssociationSan Diego Creative Investors AssociationCoachella Valley Real Estate Investors AssociationIn this episode:Joey Romero introduces REIA leaders Lisa Hoegler (LA South REIA), Larry French (CVREIA), and Dan Redig (SDCIA)Lisa Hoegler shares LA South REIA's shift from flipping to finance and economicsLarry French discusses CVREIA's monthly meetups and local market focusDan Redig highlights SDCIA's hands-on approach and ADU trends in San DiegoREIA leaders reflect on club growth and adapting to market challengesLocal real estate investing opportunities unique to LA, Central Valley, and San DiegoThe role of community support and education in investor successImportance of dynamic speakers and staying connected through evolving formatsThe Norris Group originates and services loans in California and Florida under California DRE License 01219911, Florida Mortgage Lender License 1577, and NMLS License 1623669.  For more information on hard money lending, go www.thenorrisgroup.com and click the Hard Money tab.Video LinkRadio Show

In this episode of REIA Radio, we dive into the unconventional journey of Jordan Downey—from bagging ice at his family's plant and managing 10,000 hogs a day at Hormel, to becoming a CPA, tax firm partner, and savvy real estate investor. Jordan shares what it really takes to become a partner in a firm, how he learned to work smarter with his clients (and out-negotiate the other side), and why real estate is one of the best tax strategies for long-term wealth.You'll hear how his childhood in Grand Island shaped his work ethic, how living in his father-in-law's basement sparked his rental journey, and how he bought a trailer park in Missouri to build passive income. Plus, he drops serious gold on what most business owners miss when it comes to selling their companies—and why owning the real estate under your business might be the smartest move of all.It's equal parts tax insight, business acumen, and meat processing horror stories—don't miss it.If you enjoyed this episode, do us a favor: like, follow, subscribe, and leave a review. Your support helps us keep digging deep with guests like Jordan and continue bringing real, no-fluff investing stories to the REIA community. We appreciate every rating and share—it makes a huge difference.Watch us on YouTube: https://youtu.be/juW64jdGgSMYou can Join the Omaha REIA - https://omahareia.com/join-today Omaha REIA on Facebook - https://www.facebook.com/groups/OmahaREIA Check out the National REIA - https://nationalreia.org/ Find Ted Kaasch at www.tedkaasch.com Owen Dashner on Facebook https://www.facebook.com/owen.dashner Instagram - https://www.instagram.com/odawg2424/ Red Ladder Property Solutions - www.sellmyhouseinomahafast.com Liquid Lending Solutions - www.liquidlendingsolutions.com Owen's Blogs - www.otowninvestor.com www.reiquicktips.com Propstream - https://trial.propstreampro.com/reianebraska/RESimpli - https:...

The average home price in Canada has officially dropped 18% since the 2022 peak—but that's only half the story.In this week's episode, we unpack April 2025's national real estate data, and explore a far more revealing trend: What prices looked like 5 years ago versus today. Because while home values are down nearly 20% from peak levels, they're still up 31% over 5 years.We also take a closer look at the man now in charge of Canadian housing—former Vancouver Mayor Gregor Robertson, newly appointed as Canada's Housing Minister. His stance? Home prices don't need to go down—instead, he's promising more supply and more affordability. But how do you make homes more affordable without lowering their price?It's a nearly impossible challenge—and we'll explain why it may never happen, especially when the majority of voters, politicians, and Canada's wealthiest citizens are all homeowners with a vested interest in protecting property values. Trudeau said it last year, and Robertson is echoing the sentiment again today: “Housing needs to retain its value.”We'll show you a possible model for government-built housing at cost—no developer profit, reduced DCCs, and resell restrictions to inflation-only increases—but question if that kind of execution is realistic in today's bureaucratic system.Meanwhile, the labour market is softening. Canada's unemployment rate climbed to 6.9%, the highest in 8 years outside of COVID. BC saw a slight increase to 6.2%, even as job creation remained steady. Wage growth continues, but a weakening economy and global trade volatility (especially with the US tariffs) may push the Bank of Canada toward another rate cut.The presale market continues to unravel. Boffo Developments just cancelled their 1,200-unit Burnaby project “Bassano” after selling only 44 of the first 318 units in 6 months. They've returned deposits and hit pause—indefinitely. Even Vancouver's largest presale marketing firm, Rennie, has laid off 25% of staff, with insiders predicting the market won't stabilize for at least two more years.On the rental side, Toronto saw its first uptick in rents in over a year, with 1-bed unfurnished units rising $22 to $2,148/month in May. But that's still well below last year's levels. Alberta rents are sliding too, with Calgary down 7% and Edmonton down 6% in the past 6 months.Lastly, let's talk about the Renewal Cliff Myth. The Bank of Canada's latest Financial Stability Report shows that rising mortgage payments won't be nearly as painful as expected. Thanks to moderating rate expectations, payment increases on renewal will be 4–5 points lower than forecast—which means a much softer landing for borrowers than many feared.So, are we at the bottom of the market? The CREA's national data shows home sales in April were virtually flat month-over-month, suggesting the 2025 sales slump may be stabilizing. But prices in BC and Ontario—Canada's two biggest markets—continue to drag the national average down. And until there's a true shift in supply, policy, or buyer confidence, expect more of the same in the months ahead.Drop your thoughts in the comments—Is this the bottom? Will the new Housing Minister make a difference? Or is Canada's real estate market in for more pain ahead? _________________________________ Contact Us To Book Your Private Consultation:

For the first time in 2025, Vancouver home prices have declined—and combined with multi-year lows in sales activity, have we finally reached the bottom of this market cycle?In this week's episode, we dive into the May market update for Vancouver, examining why—after four consecutive years of declining home sales—we may be approaching a cyclical turning point. Vancouver just posted its lowest April sales figures since 2019, and for context, this is now the longest recorded slowdown in the GVRD since 2005. But what's fascinating is that some early signs of life are emerging in other major Canadian markets—especially Toronto. TRREB reported a modest 1.8% increase in sales in April, breaking a brutal two-month, 27% drop. Is this a blip, or the beginning of the stabilization phase?We break down affordability and consumer confidence, two key drivers of real estate cycles. With mortgage payments on a typical home now at $2,600—the lowest since May 2022—affordability is quietly improving. And with consumer sentiment indexes showing their first significant jump in over a year, buyer psychology could be shifting. Should the Bank of Canada cut rates in June, as markets are pricing in, it could bring payments back to 2022 levels—when sales volumes were 52% higher.We then turn to Toronto, where the situation is more extreme. GTA sales remain 21% lower year-over-year, with condo sales down a staggering 30%—the lowest sales figures seen in 25 years (excluding COVID lockdowns). Inventory is ballooning, up 51% overall and 83% for condos in the 416. And prices across all asset types have dropped: condos are down 6.8%, detached homes 5.4%. Meanwhile, the rental market is under pressure too. With 16,000 rental listings, GTA rental inventory is at an all-time high. Rents are now 13% below peak levels, and investor demand has fallen off a cliff. But with prices and rates declining faster than rents, even cash flow metrics are beginning to improve—though we're still far from equilibrium.We then circle back to Vancouver. Despite the sales slowdown, condos have shown surprising resilience—both in sales and price. Condo transactions are down just 56% from peak levels (compared to 71% for detached homes) and prices have only slipped 2% from their highs,  outperforming detached and townhouse segments. In fact, when looking at the broader GVRD—excluding downtown Vancouver—condo prices have barely moved.New listings in Vancouver came in slightly below 2024 levels but remain steady, and inventory continues to climb, reaching an 11-year high for April. With buyers still largely on the sidelines, the sales-to-active ratio has held in balanced market territory for 12 straight months—14% overall. The days-on-market average ticked up to 16, and foreclosure activity rose slightly but remains a minor share of total listings.Finally, we close with price movement: The Home Price Index fell by 0.5% this month, the first drop of the year, bringing the average Vancouver home price to $1.184M. The average price dropped by $20,000, and prices are now 1.8% lower than they were a year ago.Whether we've hit the bottom or are simply sliding along it remains to be seen—but the data suggests that a turning point could be on the horizon. Be sure to tune in for our full analysis, charts, and predictions—so you're prepared for what's next in this shifting market. _________________________________ Contact Us To Book Your Private Consultation:

When is the right time to buy a home? For many, it's when they feel ready—personally and financially. But even then, timing the market, understanding future price direction, and interpreting shifting economic signals can complicate the decision. In this episode, we break down everything you need to know to make a confident, informed choice about buying a home in 2025.First, we examine the all-powerful & predominant force of interest rates. The Bank of Canada held steady in April, but with two more rate cuts expected in June and September, we could see the overnight rate drop to 2.25% by year-end. Variable-rate holders may feel relief by the fall, while fixed rates have remained mostly unchanged—making the 3.99% offers available now historically attractive, even if there's potential for further dips.But rates don't act alone. Sentiment plays a massive role. Despite consumer confidence hitting all-time lows, April brought a slight rebound—too soon to call it a trend. However, business sentiment continues to deteriorate, dragging down the Real Estate Outlook Index at its fastest pace since the 2022 rate shock. Sales volumes remain sluggish, and we don't expect a sharp bounce anytime soon.Real estate moves in cycles, and Vancouver's decades-long climb may be entering a slower phase. We revisit Toronto's 1989 peak, when prices fell 27% over seven years and took 22 years to recover in inflation-adjusted dollars. Could Vancouver follow a similar path after peaking in 2022? If so, prices may not reach those highs again until 2028 or later. Buying today means thinking long-term—and accepting that appreciation might not arrive on your timeline.Meanwhile, first-time buyers are getting older. In Canada, the average is now 33—up from 32 in the early '80s—while in Ontario it's hit 40. Surprisingly, Americans, with cheaper homes but more student debt, wait even longer (age 38 on average). What's driving Canadians to buy sooner? But supply is failing to keep up. March housing starts missed expectations by 14%, and condo construction is in freefall—down 45% from last year. Remove purpose-built rentals, and we're at 15-year lows. Ontario and BC, the provinces with the greatest need, are down 38% and 30% year-over-year. CMHC says we need 3.1 million more homes by 2030. At this rate, that's a pipe dream.On top of that, inventory levels are rising, especially in the pre-sale market. Vancouver could hit 3,500 unsold new condos by year-end—a 60% surge. With investor demand almost vanished (down from 50%, then 25% and now 7%!), developers are cancelling projects, and hundreds of homes won't break ground. Even with record immigration—Toronto just became North America's fastest-growing city—new supply is evaporating.We close with a mini-market update: May sales in Vancouver are trending at a six-year low (outside of COVID lockdowns), while inventory is at an 11-year high. Median prices are up slightly, but average prices are slipping. Could this be the inflection point?So… is now the right time to buy? That depends on your goals, your timeline, and your outlook. This episode delivers the data, trends, and insights to help you decide—with eyes wide open.Are you prepared to buy with the long-term in mind, even if prices don't rise during your ownership? Let's chat about it. _________________________________ Contact Us To Book Your Private Consultation:

Building major housing projects in Canada is a deeply complex and often misunderstood process — one that requires more than just permits and plans. It's about aligning the vision, values, and needs of developers, cities, and the communities they aim to serve. And at the centre of that delicate balance is Gary Pooni, President of Pooni Group, a renowned Urban Planning and Land Development consultancy based in Vancouver. With nearly 30 years of experience, Gary has played a critical role in shaping some of the most significant developments across Metro Vancouver, Vancouver Island, the Sea-to-Sky Corridor, Alberta, and Ontario.In this episode, we sit down with Gary to uncover the nuanced and often unseen world of urban planning in Canada why it seemingly takes an inordinate amount of time to build anything. With over 800 projects successfully guided through all stages of the development process in more than 25 Canadian municipalities, the Pooni Group has become the gold standard in bridging the gap between municipal regulations and private development. Gary shares how his team helps developers navigate the red tape of rezoning, permitting, and compliance — particularly in markets like Vancouver, where the approval process for major projects can take years and often results in a stifled housing supply and elevated prices.We ask Gary to shed light on why this process takes so long, what the biggest systemic bottlenecks are, and what practical solutions might look like. From there, we zoom out to a national lens, exploring the broader challenges that slow the pace of housing construction across Canada — and what must change if we're serious about addressing affordability and supply.But this conversation goes far beyond bureaucracy. We explore the future of Canadian cities and what urbanization might look like by 2050. Gary shares his bold predictions about how technology — particularly AI and robotics — will shape the way we design and build communities. He also discusses how the post-pandemic landscape has fundamentally shifted the office and retail sectors, and how the concept of “experience” is becoming the cornerstone of these spaces.We also dive into demographic shifts — with millennials and downsizing boomers now dictating what types of homes are being built, what features matter most, and how planners need to adapt their strategies to meet evolving lifestyles and expectations.Finally, Gary introduces his brand-new development course — a must for anyone looking to understand the ins and outs of real estate development in Canada. Whether you're a new developer, a seasoned investor, or a curious policy enthusiast, this course promises to deliver practical knowledge from one of the most experienced professionals in the field.This episode is a masterclass in how real estate development really works in Canada — from behind-the-scenes negotiations to the visionary thinking needed to build the cities of tomorrow. Don't miss it.Join The Course Here:https://laidleracademy.com/pooni-new-era-course _________________________________ Contact Us To Book Your Private Consultation:

In this week we cover some of the most consequential turning points in Canada's housing narrative to date including the breakdown of the Federal Conservative and Liberal housing plans. New home construction is collapsing at a national level—plummeting in cities like Vancouver by as much as 36% year-over-year—just as Canadians are being asked to decide who should lead the country through the next era of growth, or decline. We begin with the Bank of Canada's latest rate decision: after seven cuts in the last 12 months, the BoC held steady at 2.75%, citing uncertainty caused by the ongoing U.S. tariff war. Governor Tiff Macklem emphasized that monetary policy can't fix trade disputes but must focus on maintaining price stability. Although unemployment is rising and growth is slowing, the threat of inflation led the Bank to pause further cuts. At the same time, bond yields are surging, which could soon push mortgage rates higher, adding yet another affordability challenge for buyers.Inflation data offered a brief reprieve, coming in at 2.3% for March—cooler than expected—thanks largely to lower gas prices. Shelter costs remain high but are decelerating, and rents continue to trend downward. National home sales, however, paint a more sobering picture. Volumes fell 5% month-over-month and 9% year-over-year, making this past March the slowest on record since 2009. Despite that, prices have only dipped modestly—just 2.1% year-over-year by HPI, and 3.7% by average price—suggesting the market remains surprisingly resilient even as sentiment erodes.But it's the housing start data that really underlines the problem: Canada posted the lowest monthly housing starts in six years, and it's getting worse. Toronto's pre-sale condo market has all but collapsed. Sales are 88% below the 10-year average, and unsold inventory now sits at a staggering 78 months of supply! That's 6 years! Developers are pulling out, projects are being cancelled or converted to rentals, and there's zero profit margin left in many builds. As construction slows, a severe future housing shortage feels inevitable as the roller coaster continues.Finally, we break down the election housing platforms of both the Liberal and Conservative parties. The Liberals plan to double annual home construction to 500,000, reintroduce tax incentives for rental construction, and create a new government housing agency—yet offer little in the way of realistic execution given Canada hasn't built more than 270,000 homes in a single year in over four decades. Meanwhile, the Conservatives propose slashing GST on new homes up to $1.3M, punishing cities that fail to meet housing targets, and offering financial rewards to those that exceed them. They aim to unleash supply by freeing up federal land and cutting red tape, though critics argue their platform lacks implementation details.If housing affordability matters to you—and it should—then this episode is essential listening. We examine not only the data but the direction each political party is trying to take Canada. With construction grinding to a halt, affordability still out of reach for most, and developers hitting pause across the country, the decisions we make now will define the housing market for the next generation.  _________________________________ Contact Us To Book Your Private Consultation:

Join Jason as he takes center stage in front of an enthusiastic audience in Omaha, Nebraska. During this live workshop, Jason delves into the secrets of shifting mindsets, setting ambitious targets, and breaking through barriers to achieve what might once seem impossible. Get ready to be inspired as audience members like Shanna, Mel Murray, and Owen, share their personal insights, adding layers of richness to this motivational experience. Whether you're a seasoned entrepreneur or someone rethinking their goals, this episode is packed with transformative ideas and personal anecdotes. Jason's insights could very well be the pivot point you need to elevate your life to new heights. Don't miss out on this mindset-shifting adventure! Timestamps: 00:00 "Unlocking Freedom through Mindset" 09:49 Dream Big: Shift Your Mindset 15:20 Aim Higher, Avoid Settling 16:20 "Play at an Exciting Level" 22:47 "Breaking Financial Patterns for Kids" 28:21 Mindset for Creating Desired Reality 36:21 Embracing Challenges for Future Generations 40:21 "Envisioning Personal Transformations" 49:20 Family Priorities and Travel Goals 54:12 From Tech Sales to Tony Robbins Coach 57:19 "The Price of Financial Independence" 01:05:21 Imprecise Directions and Certainty 01:08:59 Alignment Over Hard Work 01:13:10 Transcending Mindset for Transformation 01:21:41 "Processing Emotions to Relieve Stress" 01:25:48 Alignment Enables Achieving Goals 01:32:41 "Achieve the Impossible with Coaching" 01:33:28 Coaching Promotions & Contact Info ➡️ Get Coached by Jason: https://bit.ly/3USR6Gd Visit https://www.jasondreescoaching.com/ and explore what is possible: - Performance Coaching - Mindset Education & Training - Community & Peer Group - Mentoring & Mastermind

The spring market is all but dead in 2025. That much is clear. The traditional seasonal surge in home sales that typically arrives in March and April has simply failed to show up. Home sales across Canada remain at multi-decade lows, with April currently trending a shocking 33% below last year—an already sluggish benchmark in itself. The market remains paralyzed under the weight of higher interest rates and high home prices, both of which are now colliding with a wave of mortgage renewals, Trump-imposed tariffs, and an upcoming federal election. These compounding pressures have Canadians turning their attention away from housing, choosing caution and savings over real estate.And yet, below the surface, the long-term trajectory of the Canadian real estate market is beginning to reveal itself. This episode dives deep into the undercurrents—employment, arrears, monthly payments, national inventory, and new housing construction—to show you where the market is heading next, even if you're not planning a move anytime soon. One revealing example is a recent court-ordered sale we just attended. Despite going through a complex legal foreclosure process, the property still attracted multiple offers and sold over asking—showing us that demand isn't dead, just dormant and highly specific.But here's where the tone starts to shift. Monthly mortgage payments have started to trend downward from their 2023 peak of $3,400, and if the Bank of Canada cuts rates to 2% as forecasted by many Banks, we could see payments fall by 30%. Combine that with the fastest wage growth in 25 years and the highest household savings rate in three decades, and you begin to understand why buyer intentions are beginning to creep back into the market —albeit modestly. Renters planning to buy are up from 17% to 19%, and existing homeowners considering a purchase rose from 14% to 16%. With sales at 30+ year lows, these early signs of returning confidence could be the start of the next upswing in the market cycle.Inventory is also building. Active listings in February rose 13.1% year-over-year, and while we're still below the long-term average, the trend is undeniable. In Toronto, March condo listings hit a record 5,500 in one month. The sales-to-new-listings ratio has dropped below 30% for the first time since 1991, and condo prices are already down nearly 5% year-over-year. Pre-sale condo activity has collapsed. In Toronto, only 152 new condos sold in the last month—down 95% from the 2022 peak. At this pace, new completions are projected to fall from over 30,000 in 2025 to fewer than 5,000 by 2029.And yet, even this bleak data paints a roadmap. With fewer completions ahead, the pre-sale condo market may re-emerge as a viable opportunity once the correction has taken place—just not in 2025 and potentially not until 2027 or 2028. For now, returns are still negative, but improving, with cash flow losses narrowing and principal paydown delivering small but positive equity growth. As cycles go, we are in the trough. But every cycle turns, the question is when. _________________________________ Contact Us To Book Your Private Consultation:

ome sales in Vancouver just hit their lowest point in six years, marking yet another painful milestone in what's quickly becoming one of the most uncertain and volatile real estate markets in decades. And if you're wondering why this is happening, just look at the bigger picture—consumer confidence in Canada just hit an all-time low. That's right—lower than the depths of the Great Financial Crisis, and worse than the early pandemic panic. Business confidence is in the same horrific state, and these weren't even recorded after Trump's tariffs took effect. With those now in place, pressure is mounting on the Bank of Canada as it faces a nightmarish economic puzzle: GDP is rising, inflation is expected to heat back up, the housing market is crumbling, and record levels of debt are coming due for renewal. Meanwhile, the March real estate data for Vancouver has just dropped, and we're breaking down all the key metrics—from collapsing sales volumes to rising inventory to surprisingly resilient home prices—and analyzing what all this means for home values for the spring 2025 market.Let's talk inflation. March came in hot at 2.6%, a big jump from the previous month's 1.9%, and far above expectations. Mortgage interest costs have fallen again for the 18th straight month, but inflation is now at a seven-month high, forcing the Bank of Canada into a tightening corner. And behind the scenes, 45% of businesses expect to raise prices more than 5% this year—double what it was just six months ago. While tariffs may warrant easing, inflation is pushing back hard, and markets no longer expect a rate cut in April. Meanwhile, GDP rose again—up 0.4% in January after a 0.3% climb in December—led by energy and mining. While the headline looks positive, remember: per capita GDP has been in decline for over two years. The BOC may take these numbers at face value, but it's a fragile recovery at best.South of the border, the U.S. Fed held its rate at 4.5% last month, with possible cuts later this year. But Powell made it clear: if inflation stays sticky, high rates could persist. Their GDP forecast was revised down and inflation up. The takeaway? If the Fed cuts, Canada could follow—especially as our economic risks grow and global trade uncertainty lingers. In the mortgage world, renewals are surging—up 110% year-over-year—and projections vary widely. BMO sees rates at 2% by end of 2026, while Scotia sees no cuts until 2027. The big banks don't agree, but they're all aligned on one thing: no hikes are coming. That's welcome news for those riding variable rates or planning their next move.New housing supply is in freefall. National housing starts dropped 4% month-over-month and 12% year-over-year, but BC is the epicenter of the downturn: starts plunged 22% just last month and are down 32% from last year. In Vancouver alone, they're off by 18%. This comes at a time when building permits are at rock bottom—meaning even fewer homes will be built in the years to come. While inventory is high now, the longer-term risk is a devastating shortage. Just look at the national data going back to 1972: while population growth has doubled, housing completions have actually declined. CMHC now estimates we'll be short 3.5 million homes by 2030. Add affordability and suitability issues, and we're heading toward a full-blown housing crisis. _________________________________ Contact Us To Book Your Private Consultation:

In this episode of The Norris Group Real Estate Podcast, host Joey Romero chats with creative finance expert Andy Teasley. They discuss Andy's journey into real estate, his passion for teaching others creative deal structures, and how investors can leverage tools like financial calculators to build win-win deals. From mobile homes to note creation, Andy shares real-world examples and strategies that highlight the power of thinking outside the traditional real estate box. Andy Teasley is a seasoned entrepreneur and real estate investor with over 40 years of experience. A passionate educator, he mentors new investors, encourages REIA participation, and publishes “The Weekly What If?” newsletter. Specializing in mobile home flipping and single-space mobile home parks, he also teaches financial calculator courses. A California native, Andy continues to invest, educate, and support the real estate community. In this episode:How Andy Teasley got started in real estate investingThe role of creativity in structuring profitable dealsThe value of financial calculators in deal analysisTips for teaching and mentoring new investorsThe power of seller financing and note creationWhy mobile homes offer untapped opportunitiesInsights from Andy's experience with investor clubs and community buildingThe Norris Group originates and services loans in California and Florida under California DRE License 01219911, Florida Mortgage Lender License 1577, and NMLS License 1623669.  For more information on hard money lending, go www.thenorrisgroup.com and click the Hard Money tab.Video LinkRadio Show

Creative financing isn't just a buzzword—it's one of the most powerful ways investors can scale smarter and faster. In this episode, Suzanne and I dive into a full breakdown of alternative funding strategies that help you grow without the traditional barriers.   We explore equitable partnerships, private lending, crowdfunding, DSCR loans, BRRRR strategies, seller financing, and even using your IRA to fund deals. Whether you're just starting out or looking to grow with flexibility, this conversation is packed with real-world insights, practical tips, and the exact steps you need to make creative financing work for you.   Key Talking Points of the Episode   00:00 Introduction 01:58 The pros and cons of crowdfunding 03:11 How private money can help fund less traditional assets 04:19 What to know about using your IRA to fund deals 05:34 Networking and building relationships with lenders 07:03 Where to network: REIAs, National Rental Home Council, and more 08:08 Local networking vs national events 09:16 Marketing as a creative financing tool 11:26 DSCR as a metric for smarter investing and better underwriting 13:56 Transitioning from fix & flip to BRRRR for long-term portfolio building 17:27 The common pitfalls of creative financing 19:17 Why real estate education pays off long-term 20:22 Avoid overleveraging: Plan for vacancy, maintenance, and contingencies   Quotables   “Creative financing lets you scale when others are stuck waiting for a traditional lender to say yes.”   “Your local REIA may have more value than a weekend in Vegas at a trade show.”   “Overleveraging is easy when deals come fast. Be smart and plan for the what-ifs.”   Links   RCN Capital https://www.rcncapital.com/podcast https://www.instagram.com/rcn_capital/ info@rcncapital.com   REI INK https://rei-ink.com/  

Just over a year ago, Vancouver's rental market was on fire. Rents were rising at record pace, showings were fully booked within hours, and competition was fierce. Fast forward to today, and it's a very different story. Properties that used to rent in a single day are now sitting on the market for months. Rents are softening, vacancy is creeping up, and investors—especially small-scale landlords—are starting to feel the pressure.In this episode, we explore the major shift in Vancouver's rental market, digging into the economic forces and real estate dynamics that got us here. From high interest rates and inflation-fighting policies to rising construction costs and tariff threats, we break down how macroeconomic conditions have trickled down into a rental environment that's finally showing signs of balance—or at least a pause.We take a closer look at the impact of newly completed, purpose-built rental buildings and how they're changing the game for mom-and-pop investors. In 2024 alone, over 17,900 new rental units have been registered—representing 44.4% of all new housing starts in BC. As these larger, professionally managed buildings come online, they offer better amenities, stronger tenant protections, and often more aggressive pricing and incentives to fill vacancies quickly. This puts significant pressure on individual condo landlords, many of whom now have to drop rents or risk sitting vacant for months.We share real-world examples that paint a clear picture of this market shift. A 1,000 square foot, two-bed plus den in Yaletown that rented in just one day in 2022 for $3,500 is now listed at $3,400, has sat on the market for over 80 days, and may lease at $3,300—a 6% decline. A one-bedroom unit in Coquitlam that rented in 2 days for $2,300 in November 2023 just leased for $1,900 after 93 days and 33 showings—a 17% drop. Average days on market have risen from 32 to over 43 in the past year, and many units are receiving less than one showing per week.This episode unpacks what all of this means for renters, landlords, and investors alike. The balance of power may be shifting toward tenants, with more options, lower prices, and better negotiating power than they've had in years. At the same time, investors are being squeezed by rising holding costs, taxes, and a softening rental environment. Even as mortgage rates show signs of easing, the gap between expenses and income is widening for many who purchased recently using high leverage.We also examine whether purpose-built rentals are truly improving affordability, or simply creating a new class of high-end rental stock. While many of these buildings offer cost efficiencies, lower maintenance, and no risk of eviction due to landlord use or sale, they often come with premium finishes and luxury amenities that keep monthly rents high. Still, their existence could free up more condo units for first-time buyers and shift tenant demand in a meaningful way.Whether you're a tenant looking to time your move, a landlord wondering how to stay competitive, or an investor rethinking your long-term strategy, this episode brings clarity to a rapidly evolving market. We break down what's happening now, what's likely coming next, and what you can do to stay ahead of the curve in Vancouver's changing rental landscape. _________________________________ Contact Us To Book Your Private Consultation:

 In this episode of The Norris Group Real Estate Podcast, host Joey Romero sits down with Andy Teasley to discuss creative financing strategies, investment opportunities, and the current state of the real estate market. Andy shares his insights on how investors can adapt to market shifts, leverage seller financing, and build long-term wealth through real estate. Whether you're a seasoned investor or just starting, this conversation provides valuable knowledge to help you navigate today's evolving market. Andy Teasley is a seasoned entrepreneur and real estate investor with over 40 years of experience. A passionate educator, he mentors new investors, encourages REIA participation, and publishes “The Weekly What If?” newsletter. Specializing in mobile home flipping and single-space mobile home parks, he also teaches financial calculator courses. A California native, Andy continues to invest, educate, and support the real estate community. In this episode:Andy Teasley's background and experience in real estate investingThe importance of creative financing strategiesHow to leverage seller financing in today's marketKey market trends and their impact on investorsAdvice for new and experienced real estate investorsCommon mistakes to avoid when structuring dealsPredictions for the future of real estate investingThe Norris Group originates and services loans in California and Florida under California DRE License 01219911, Florida Mortgage Lender License 1577, and NMLS License 1623669.  For more information on hard money lending, go www.thenorrisgroup.com and click the Hard Money tab.Video LinkRadio Show

In this special episode, Rent Perfect's David Pickron flips the script and invites longtime behind-the-scenes team member Kent to share his very first experience attending a REIA (Real Estate Investor Association) meeting.  From walking into the packed AzREIA event to having “aha” moments during the market update and networking with investors, Kent explains how one evening opened his eyes to the power of connections, strategy, and local market knowledge.  Whether you're new to real estate investing or a REIA leader looking to improve the first-timer experience, this honest and inspiring conversation is packed with valuable insight—including how Kent and his wife decided to leverage $100K in condo equity into their next big move. 

Welcome to The Vancouver Life Podcast! In this episode, we dive into the forces shaping the future of Vancouver's real estate market with Josh White, the General Manager of Planning, Urban Design, and Sustainability for the City of Vancouver. Josh brings a wealth of experience from his time as Director of City and Regional Planning and Co-Chief Planner at the City of Calgary, and now leads Vancouver's planning efforts at a time when housing supply, affordability, and urban development are more critical than ever. We discuss the lessons he's learned from his time in Calgary and brought to Vancouver, and how the city is tackling some of its biggest affordability challenges. We dig into the complexities of Vancouver's permitting process, why timelines under the City's ambitious 3-3-3-1 Plan have been difficult to meet, and whether hiring more staff is really the solution. Josh sheds light on the city's plan to streamline over 1,800 pages of policy documents into just 100 pages and what that will mean for builders and homeowners. We also explore upcoming system changes that could cut permit times in half by allowing Development Permits and Building Permits to be processed in parallel. Josh shares his take on Bill 47 and how transit-oriented development is shaping the future. We tackle the long and often frustrating process developers face to rezone and build towers, why Vancouver's city fees are among the highest in Canada, and how Development Cost Levies impact affordability and cash flow. We ask where these funds are being spent, whether there's accountability in how they're used, and discuss the city's evolving stance on banning natural gas in new homes. Josh also weighs in on Bob Rennie's recent proposal to allow foreign buyers to participate in pre-sales with long-term rental commitments, and we talk about changes to REDMA that give developers more breathing room in today's challenging market. Lastly, Josh shares his vision for housing in Vancouver, how builders can help streamline processes at City Hall, the conversations happening around affordability, and how sustainability is built into every decision the city makes for the future. This is an in-depth conversation you won't want to miss if you care about the future of housing in Vancouver.Josh White joined the City of Vancouver in May of 2024, coming from Calgary where most recently he was Director, City and Regional Planning and Co-Chief Planner at the City of Calgary. There, he stewarded the adoption of a new housing strategy in collaboration with partners and led the creation of a simpler and more effective planning policy and regulation. During a period of extraordinary population growth for the city, Josh also oversaw strategic growth, growth funding and financing, and infrastructure planning for the municipality. In his tenure at the City of Calgary, he also initiated and led the significant transformation of the development approvals system, which resulted in improved planning outcomes,benchmarked as among the most efficient in Canada.He holds a master's degree in urban and regional planning from Queen's University, and began his career in the private sector, serving a variety of private and public sector clients as a consultant with Urban Strategies in Toronto. Josh's private sector experience also includes leading planning and approvals for Alpine Park, a progressive n _________________________________ Contact Us To Book Your Private Consultation:

What if you could turn $40,000 into a multi-million-dollar real estate empire? In this episode of Invest2FI, Craig Curelop is with Ted Kaasch, an Omaha-based investor and leader of one of the fastest-growing REIAs in the U.S. Ted shares how he transitioned from foundation sales to real estate, using the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) method to flip condemned properties into high-performing assets. He reveals how strategic networking, wholesaler connections, and REIA groups fueled his success—including turning an $11,000 condemned house into a cash-flowing short-term rental. Ted also discusses the future of real estate investing, his shift to self-storage, and the rising regulations affecting rental investors. Packed with actionable strategies, this episode is a must-listen for anyone looking to start, scale, or adapt in real estate. PODCAST HIGHLIGHTS:[03:13] How Ted transitioned from foundation sales to real estate investing. [07:04 ] The impact of learning construction on real estate deals. [12:22] How networking and wholesaling helped Ted grow his business. [18:43] Turning a $40K seed fund into a multi-million dollar portfolio. [24:30]  Breaking down Ted's perfect BRRRR deal on a condemned house. [31:16] Challenges of securing permits during the 2020 pandemic. [38:00] How Omaha's market growth is attracting outside investors. [41:56] Why Ted is selling off rentals and shifting to self-storage investing. [45:20] The impact of rental regulations on landlords in Omaha. [50:42] How Ted built one of the fastest-growing REIA groups in the U.S. [54:36] Final thoughts on building a strong real estate network. HOST Craig Curelop   

Want to know how to leverage your local REIA for more deals, partnerships, and profits? In this episode, Todd Hutcheson, an experienced real estate investor and wholesaler, shares his best strategies for maximizing your involvement in real estate investment clubs. Todd explains why REIAs are still one of the best places to build relationships, find deals, and gain credibility—even for seasoned investors. He also reveals a unique strategy for profiting by helping new investors promote their deals and shares his experience running an advanced investor group.

The Bank of Canada cut interest rates this week for the 7th consecutive time, lowering the overnight rate to 2.75%—a level we haven't seen since August 2022. But what really caught our attention wasn't just the cut itself—it was what Governor Tiff Macklem said at the press conference. Macklem explicitly stated that tariffs are restraining household spending intentions, and in response, the BOC is acting to stimulate the economy. That's right—he's openly admitting that the Bank is working to revive spending, which in Canada, largely means propping up the housing market. This isn't speculation. It's policy. And it's becoming increasingly clear that maintaining home prices is a top priority at the highest levels of government.But what does this mean for Canadians, especially those with mortgages renewing this year? We ran the numbers: a homeowner who took out an $800,000 mortgage in 2020 at 1.8% will see their monthly payments jump by $927 if they renew today at a 4.39% fixed rate. That's still 32% higher than what they were paying four years ago. While rate cuts are happening, they're nowhere near enough to ease the burden of higher borrowing costs—at least not yet. On the inflation front, early warning signs are flashing yellow. The Raw Materials Price Index is up 11% year-over-year, the highest jump since 2022. The Industrial Product Price Index is also rising, historically a leading indicator of core inflation. And with 20% of businesses planning to hike prices by 6% or more this year, it's possible that inflation could start creeping back up by Q4 2025. If that happens, we may not see as many rate cuts as the market is pricing in.The uncertainty around tariffs is also crushing consumer and business confidence. The Index of Consumer Confidence has now dropped below Global Financial Crisis levels, meaning people feel worse about the economy today than they did in 2008. And with nearly 63% of Canadians saying it's a bad time to make a major purchase, spending is slowing—bad news for businesses already holding back on investments. This hesitation is showing up in BC real estate sales as well. In February, home sales in BC fell 9.7% year-over-year, with average prices down 2.4%. The total sales volume hit just $4.8 billion, an 11.8% decline compared to last year. This is a major shift from the red-hot market we saw in 2021 and 2022, proving that even with rate cuts, buyers remain cautious.Lastly, we take a deep dive into the growing wealth divide. Despite economic uncertainty, household net worth in Canada surged 1.4% in Q4 2024, adding $236.3 billion in wealth and bringing the total to $17.5 trillion. Over the past year, wealth climbed by 7.3%, even after adjusting for inflation. But here's the catch: the top 20% of households now control 68% of all financial assets, a share that continues to grow. With interest rates coming down, asset holders will benefit the most, widening the wealth gap even further. _________________________________ Contact Us To Book Your Private Consultation:

The impact of tariffs on the housing market is already being felt. Even before they were implemented, just the threat of tariffs was enough to put buyers on the sidelines. Now that they are in place, the effects are hitting fast. Toronto, often viewed as a key indicator of the condo market, saw sales drop 28% month-over-month in February—a month that typically sees an increase from January. Vancouver's numbers reveal similar trends, with sales momentum reversing sharply after months of steady growth.While headline GDP growth showed a stronger-than-expected 2.6% annualized gain in Q4, the real story lies in GDP per capita, which has declined for two straight years, confirming that Canada has been in a per capita recession for over 24 months. Job vacancies have also plunged to their lowest levels since 2017, leaving workers with the worst job prospects in seven years. Despite what the official numbers suggest, the economic reality is pointing towards a prolonged slowdown that could further weaken real estate demand. One of the few bright spots for homeowners is the declining 5-year bond yield, which has hit a three-year low of 2.6%. This drop has made mortgage rates more attractive for the more than 50% of borrowers set to renew in the next two years. However, with tariffs likely to slow GDP growth even further, it's increasingly likely that the Bank of Canada will be forced to cut interest rates, possibly as soon as this spring, especially with an election on the horizon.The latest February 2025 real estate stats for Vancouver confirm shifting market dynamics. Total sales came in at 1,815, down 12% year-over-year and 29% below the 10-year average. This is particularly notable because since October, sales had been higher than 2023 levels each month—until February, when the trend reversed. The level of uncertainty created by tariff threats and economic instability has pushed buyers to the sidelines, and now that tariffs are in place, it appears the spring market may not materialize in the usual way.New listings rose 11% year-over-year to 5,066, marking a 12% increase above the 10-year average. However, February listings were actually lower than January, an unusual occurrence only seen six times in the past decade. The standout statistic here is condo inventory—February saw the highest number of condo listings ever recorded for the month, following a record-breaking January. This surge suggests a shift in buyer preference away from high-density living, as well as a growing supply of purpose-built rental housing, which is altering demand patterns. Inventory levels remain a key story, with active listings rising 32% year-over-year to 12,350, sitting 36% above the 10-year average. This places inventory at its highest February level in over a decade, though still below the 2012 peak of 14,875. The sales-to-active listings ratio stands at 15%, marking the 10th consecutive month in a balanced market, with detached homes at 10%, townhomes at 20%, and condos at 17%.One thing is clear—Vancouver real estate is at a pivotal moment, and how policymakers respond in the coming months could shape the market for years to come. _________________________________ Contact Us To Book Your Private Consultation:

The Toronto real estate market is making national headlines, with growing concerns about a condo crisis that has both buyers and developers feeling the pressure. In this episode, we sit down with renowned Toronto Realtor Tom Storey to break down what's really happening on the ground. With reports of buyers failing to close on pre-sale units and developers facing insolvency, we discuss how these issues are playing out in real-time and whether they're as severe as they sound. Are condos the only segment struggling, or is the slowdown affecting all types of housing? And how does Toronto's market compare to what we're seeing here in Vancouver? With both cities navigating high borrowing costs, policy roadblocks, and affordability concerns, we examine the parallels and key differences between the two.A record-low number of new projects launched in January, raising questions about whether developers will be on pause for most of 2025. We explore whether rising development charges, lengthy permit processes, and shifting buyer demand are keeping new housing from coming to market. These same issues have been major inhibitors to new supply in B.C., and we compare how government policies in both provinces are shaping future development. Additionally, with 50%+ of Canadian mortgages set to renew at significantly higher rates over the next two years, we assess how this looming financial pressure could impact both homeowners and investors. Are investors checking out of the market entirely, or are new opportunities emerging in the current landscape?Beyond the immediate slowdown, we also look at long-term structural issues. Toronto, much like Vancouver, has long been criticized for its lack of "Missing Middle" housing—smaller, multi-unit developments that could provide a bridge between high-rise condos and detached homes. We ask Tom whether Toronto has made any meaningful progress in addressing this gap and if there are solutions that could help increase supply. We also touch on the contentious topic of Ontario's Greenbelt—could opening up more land be a solution to affordability and supply issues, or would it create more problems? Additionally, with new tariffs looming over the construction industry, we analyze the potential ripple effects on housing costs and supply.Despite the uncertainties, market shifts often bring opportunities. Tom shares insights on where buyers and investors should be looking right now, what strategies are working for those still active in the market, and what potential silver linings could emerge from this downturn. And while there are real concerns about the future, there are also reasons for optimism. We wrap up by asking Tom what excites and scares him most about the future of Toronto real estate and how the market might evolve over the next few years. If you're looking for a deep dive into one of Canada's most talked-about real estate markets—and how it compares to Vancouver—this is an episode you won't want to miss! _________________________________ Contact Us To Book Your Private Consultation:

The Canadian housing market is experiencing one of its most dramatic shifts in recent history, as the gap between government promises and market realities continues to widen. While policymakers have focused on demand-side measures like home-flipping taxes, actual housing starts have declined significantly. Meanwhile, an unprecedented number of rental units are entering the market, leading to falling rental prices.Despite political rhetoric about increasing housing supply, overall housing starts have dropped 19% since their peak in 2021, now sitting at 239,000. However, rental unit construction is surging—up 44% year-over-year—comprising nearly half of all new starts. A record-breaking 144,000 rental units are currently in development, which is already having a profound effect on the market.Rental rates, which had been rising for 38 months straight, have now fallen for four consecutive months, with national averages dropping from a peak of $2,196 in January 2024 to $2,100 today. Shared accommodation listings have surged 42% year-over-year, with rates declining 7.6%, signaling a shifting dynamic in the rental market.While rental construction is booming, single-family home (SFH) completions tell a different story. In January 2025, only 3,800 SFHs were completed—the lowest monthly total since 1997. This ongoing supply crunch suggests that SFH prices may hold firm, even as the condo market weakens.Inflation in Canada remains relatively stable, sitting at 1.9% in January, marking six consecutive months at or below the Bank of Canada's 2% target. However, the vast majority of inflation—1.3%—is being driven by shelter costs. Mortgage interest costs, a key driver of inflation, have been slowing, with the most recent increase at just 0.2%, the weakest since April 2022.Employment Insurance (EI) claims are rising at an alarming rate. Nationally, claims increased 14% year-over-year, from 245,000 to over 280,000, while Ontario saw a 29% jump, from 76,000 to 98,000. These numbers suggest weakening economic conditions, which could drag down GDP growth in the months ahead.On the mortgage front, December saw a staggering 90% year-over-year surge in mortgage originations, largely due to renewals. Many homeowners who locked in ultra-low rates five years ago are now facing a 35% payment shock, putting additional strain on household finances.At the same time, housing inventory is surging. January saw an 11% month-over-month increase in new listings—the largest ever recorded. BC led the way with a staggering 29% increase. Pre-sale condo inventory in Greater Vancouver has nearly doubled from 7,000 to 12,000 units, pushing total available homes in the region above 25,000. This supply surge is making price increases unlikely in the near term.February data indicates a shift in market momentum. After months of year-over-year sales growth, February saw a 12% annual decline in sales activity. Prices are also softening, with median home prices in Greater Vancouver dropping $20,000 to $900,000—a 10% decline from peak values. _________________________________ Contact Us To Book Your Private Consultation:

Housing inventory is surging across Canada, with cities like Vancouver and Toronto seeing multi-year highs in new listings—Vancouver up 33% YoY (a 13-year high) and Toronto spiking 49% YoY (a 16-year high). This sudden jump in supply is driven by a mix of record completions, stricter tenancy laws, and struggling investors selling off properties due to rising mortgage costs and softening rental markets. Buyers, however, are staying on the sidelines, hesitant amid economic uncertainty, high borrowing costs, and the looming threat of tariffs, setting up a volatile 2025 housing market. In this episode, we break down these trends and explore whether demand will rise enough to absorb the flood of new listings—or if prices will continue their downward trajectory.At the same time, Canada's job market data is sending mixed signals. While official reports show strong job growth, deeper payroll data indicates three consecutive months of job losses, raising questions about the real state of employment. Long-term unemployment has doubled, permanent layoffs are climbing, and wage growth is slowing—all signs that economic hardship may be more widespread than headline numbers suggest. Historically, unemployment and mortgage arrears have moved in lockstep, and while arrears remain low for now, any continued weakness in employment could push more homeowners into financial distress, impacting the market further.Despite today's inventory surge, new home construction is already slowing dramatically, which could set the stage for a supply crunch in the coming years. In Toronto, new housing starts just hit a 30-year low, with only 51 new units (not buildings—units) started last month. In Vancouver, new home construction declined by 3% in December, the largest drop in three years, and detached home building permits are at their lowest level in 45 years. While today's market feels oversaturated, this drastic slowdown in development could lead to a severe housing shortage in 2026–2027, potentially driving prices back up just as they are starting to cool.With consumer insolvencies rising, job data inconsistencies, and supply declining in the long run, we could be witnessing the beginning of a major market shift. Will today's housing surplus be short-lived? Could government policies or economic conditions unexpectedly swing the pendulum in the opposite direction? Tune in as we break down the latest trends, challenge the mainstream narrative, and explore what's next for Canada's real estate market. _________________________________ Contact Us To Book Your Private Consultation:

Secrets to Raising Capital for Debt Funds with Jeff Cichocki!Discover how it takes to raise millions in capital and scale a hard money lending business to unprecedented heights. In this episode, Jeff Cichocki reveals how he went from an accidental lender to managing a thriving debt fund—funding over 2,000 transactions and consistently delivering 9-10% returns to investors. Discover the strategies he used to attract high-net-worth lenders, structure his fund for maximum efficiency, and acquire a billion-dollar lending company with just a $3 million capital raise. Key Takeaways to Listen For:Raising Capital Starts with Relationships – Jeff's journey into lending began by leveraging trust with friends and family. He emphasizes the power of networking and word-of-mouth referrals to attract capital from investors.The Evolution from One-Off Loans to a Fund Model – Jeff initially structured deals on a one-on-one basis but transitioned to a fund to streamline operations and scale efficiently. He explains why pooling capital provides better returns and stability for investors.The Power of Becoming a Local Authority – By speaking at events, running a REIA, and consistently providing value, Jeff built credibility that attracted both investors and borrowers. He highlights how positioning yourself as an expert can unlock capital-raising opportunities.Smart Scaling and Controlled Growth – Jeff shares how a rapid 250% growth in 60 days nearly broke his business and how he later developed strategies to throttle referrals and investor outreach to maintain sustainable expansion.How to Get Consistent Investor Referrals – Rather than aggressively asking for referrals, Jeff nurtures relationships by delivering on promises and setting the expectation early. His approach ensures investors naturally introduce new capital sources without feeling pressured.About Tim MaiTim Mai is a real estate investor, fund manager, mentor, and founder of HERO Mastermind for REI coaches.He has helped many real estate investors and coaches become millionaires. Tim continues to help busy professionals earn income and build wealth through passive investing.He is also a creative marketer and promoter with incredible knowledge and experience, which he freely shares. He has lifted himself from the aftermath of war, achieving technical expertise in computers, followed by investment success in real estate, management skills, and a lofty position among real estate educators and internet marketers.Tim is an industry leader who has acquired and exited well over $50 million worth of real estate and is currently an investor in over 2700 units of multifamily apartments.Connect with TimWebsite: Capital Raising PartyFacebook: Tim Mai | Capital Raising Nation Instagram: @timmaicomTwitter: @timmaiLinkedIn: Tim MaiYouTube: Tim Mai

Vancouver home prices took a sharp dive in January, hitting a two-year low, while Canada's GDP shrank in November, signaling potential economic trouble ahead. Adding to the uncertainty, looming tariffs could push housing costs even higher, leaving both buyers and sellers wondering what's next. If you're planning to enter the market in 2025, this episode is essential as we break down the data and what it means for you.The market is facing some serious headwinds and the threat of Tariffs is ever present. The potential for a 25% Tariff on key building materials like windows, drywall, and appliances would drive up construction costs, making new homes even more expensive. While a temporary 30-day pause has been put in place, tariffs could still take effect at any time. Earlier this week, when they seemed imminent, BMO's chief economist projected 0% GDP growth for 2025, 8% unemployment, and aggressive interest rate cuts down to 1.5%. The Canadian dollar briefly hit a 23-year low, and the 5-year bond yield dropped to a 30-month low, signaling lower mortgage rates ahead. In fact, 5-year fixed mortgage rates are already available at 3.89%, a sharp decline from last year.The BC Real Estate Association has painted a stark picture of what could happen if tariffs are imposed and Canada retaliates. They predict home sales could drop 30%, while active listings could rise 40%, leading to a more prolonged buyer's market. Mortgage rates could climb to 6% by 2026, and while prices are still expected to rise, they would increase at a much slower pace. With so much uncertainty, many buyers and sellers may wait on the sidelines, similar to the early days of the pandemic.At the same time, Vancouver's housing market is seeing some surprising shifts. January sales were up 9% year-over-year, marking the strongest January in three years. But new listings surged 46% compared to last year, reaching one of the highest January levels on record. Inventory is climbing quickly, hitting 11,100 active listings, a 33% increase over last year. The last time inventory was this high in January was 2019, a year when prices declined slightly. The sales-to-active listings ratio now sits at 14%, confirming that we remain in a balanced market, but momentum is shifting.Perhaps the biggest red flag is price movement. While the HPI benchmark price showed a slight increase in January, more immediate indicators tell a different story. Median prices dropped by $80,000, the largest single-month decline in 18 months, while average prices fell by $70,000, hitting their lowest level in two years. These sharp drops suggest that sellers may be adjusting expectations, while buyers hesitate to make moves in an uncertain environment.So, what's next? With sellers eager to offload properties and buyers waiting for more clarity on tariffs and interest rates, the spring market could be weaker than expected. Early February sales trends suggest a slower start, but as we approach the peak season, things could shift. Will prices stabilize, or are we heading into a prolonged downturn? Tune in as we analyze what's happening in Vancouver real estate and where the market might be headed next. _________________________________ Contact Us To Book Your Private Consultation:

Meegan Daigler is the co-founder and CTO of Reia, a women's health company focused on improving the treatment experience for pelvic organ prolapse. Prior to Reia, Meegan worked as a product design engineer designing many household products from coffee makers to tampon applicators. reiahealth.comhttps://www.facebook.com/reiahealthhttps://www.instagram.com/reiahealth/?hl=en__________________________________________________________________________________________Buff Your Muffwww.buffmuff.com_________________________________________________________________________________________Moisturize Your Vaginahttps://www.feel-amazing.com/?ref=vaginacoachThank you so much for listening! I use fitness and movement to help women prevent and overcome pelvic floor challenges like incontinence and organ prolapse. There is help for women in all life stages! Every Woman Needs A Vagina Coach! Please make sure to LEAVE A REVIEW and SUBSCRIBE to the show for the best fitness and wellness advice south of your belly button. *******************I recommend checking out my comprehensive pelvic health education and fitness programs on my Buff Muff AppYou can also join my next 28 Day Buff Muff Challenge https://www.vaginacoach.com/buffmuffIf you are feeling social you can connect with me… On Facebook https://www.facebook.com/VagCoachOn Instagram https://www.instagram.com/vaginacoach/On Twitter https://twitter.com/VaginaCoachOn The Web www.vaginacoach.comGet your Feel Amazing Vaginal Moisturizer Here

In this special episode of the Vancouver Life Real Estate Podcast, we welcome Doug Porter, Chief Economist at BMO Financial Group, to provide unparalleled insights into Canada's economic landscape. With over 30 years of experience and a proven track record as one of the top economic forecasters in North America, Doug shares his expert analysis on the Bank of Canada's recent rate cut and its potential ripple effects across the economy, financial markets, and the Canadian housing sector.We dive into hot-button topics like the impact of immigration policy changes on housing affordability, the long-term economic consequences of tariffs, and the evolving lending landscape in Canada. Doug also unpacks how the so-called “mortgage renewal cliff” may not be as alarming as it sounds, highlighting how Canadians are adapting to higher interest rates.From analyzing regional housing trends—like Vancouver's surprising resilience compared to Toronto's cooling condo market—to exploring the broader implications of geopolitical tensions, this episode is packed with actionable insights for homeowners, investors, and anyone curious about Canada's economic outlook.Doug's practical advice for buyers, his predictions for interest rates, and his views on what Canada must do to foster economic stability make this an episode you don't want to miss. Whether you're planning your next real estate move or simply want to understand the forces shaping Canada's financial future, this conversation will leave you informed and inspired.Tune in now and gain a deeper understanding of the market trends that matter most. _________________________________ Contact Us To Book Your Private Consultation:

In this episode of the Rent Perfect Podcast, we sit down with Mike Del Prete, Executive Director of the Arizona Real Estate Investors Association (AZREIA), to uncover the secrets to real estate success. Whether you're a seasoned investor or just starting out, AZREIA, and many REIA's around the country, offer an incredible community, practical education, and access to trusted vendors to help you succeed in fix-and-flips, long-term rentals, and creative financing strategies. Mike shares insights into the power of relationships, how to navigate market trends, and the tools AZREIA provides to turn real estate goals into reality. If you're serious about real estate investing, this is the must-watch episode to get inspired and take action!investments.     

The final numbers for Canada's housing market in 2024 are in, and they've revealed some unexpected trends. Despite challenges such as high interest rates and declining housing starts, national home prices rose by 2.5% last year, bringing the average home price to $676,640. Every province and territory saw price increases except for Ontario, which experienced a modest 1.7% decline. The Northwest Territories led the nation with a remarkable 34.8% price increase, followed by New Brunswick at 15.5% and the Yukon at 12.8%. British Columbia also performed well, with home prices rising by 5.9%, while Alberta saw solid growth of 9.4%.Ontario's slight decline, however, masks significant issues in the pre-construction condo market, particularly in Toronto, where sales hit a 28-year low in 2024. Newly constructed condos flooded the market, driving prices down by 10-15% or more in some cases as sellers undercut each other. Yet, when viewed at the provincial level, Ontario's overall housing market showed resilience, with a decline that remains manageable by most standards.Meanwhile, inflation continues to ease, as the latest Consumer Price Index (CPI) print came in at 1.8%—the second-lowest reading in 46 months. This marks a slight decline from December's 1.9% and the 16th consecutive month of cooling mortgage interest costs, which dropped from 13.2% to 11.6%. Rent inflation also eased, falling from 7.7% to 7.1%. Inflation has now remained within the Bank of Canada's target range for 12 straight months, with the broader CPI reading excluding mortgage interest costs coming in at just 1.3%. These metrics, coupled with a strong employment report, suggest the Bank of Canada may lower interest rates at its next meeting, with markets currently pricing in a 0.25% cut that would bring the overnight rate to 3%, its lowest level since August 2022.This data reinforces the importance of understanding how hyper-local real estate markets operate. For instance, in Vancouver's Mount Pleasant East neighborhood, half duplexes reached their highest prices ever in 2024, climbing 7% above the 2022 peak. By contrast, condos in the same area are 3% below their peak prices, and detached homes are down 9%. These variations emphasize the need for precise, localized market insights when making real estate decisions.Next week we have Mr. Doug Porter, the Chief Economist for the Bank of Montreal coming back on the show to discuss how he sees the Canadian economy shaping up for 2025 _________________________________ Contact Us To Book Your Private Consultation:

This week's episode is packed with crucial updates and insights that could directly affect your real estate decisions in 2025.A much stronger-than-expected jobs report has thrown a wrench into predictions for interest rate cuts, potentially keeping the Bank of Canada on hold this January. With Canada adding 91,000 jobs last month, (far exceeding expectations) compounded by labour market strength is complicating the case for lower rates. However, not all is as it seems: 62,000 of those jobs went to workers over 55, and a significant portion came from public sector growth (44%!). We break down what this could mean for mortgage rates and why the 5-year bond yield is already climbing.In Vancouver, affordability continues to be a challenge as recent policies are expected to push home prices higher. On the flip side, there's good news out of Burnaby, where one of the first multiplex building permits has been approved. The timeline, fees, and offsite costs surprised even the developer—and might give hope to those exploring small-scale development opportunities.We also tackle the ongoing affordability crisis, exploring how the ban on natural gas in new construction and new net-zero mandates are inflating the cost of homes. For example, a fourplex project now have an additional $150,000 for electrical upgrades, adding roughly $40,000 to the cost of each unit. These policy changes are a stark reminder to “watch what they do, not what they say” when it comes to government claims about building affordable housing.Meanwhile, mortgage arrears are also starting to climb, with delinquency rates hitting a 9-year high in Toronto. Yet even as the headlines grab attention, the data tells a different story—arrears remain well below pre-pandemic levels, and the overall risk of panic is low. However, with 50% of mortgage holders set to face higher payments over the next two years (in excess of 30+%), it's clear that financial strain is building for many Canadians.We also take a closer look at the nearly 30% of homes listed for sale that are vacant. Are they former Airbnbs, second homes, or properties listed to dodge the vacancy tax? It's a fascinating trend that raises more questions about the current state of the market.And to cap it off, we're excited to showcase a stunning family home on Vancouver's prestigious Golden Mile in Kitsilano. Located on West 1st Avenue, this property boasts breathtaking ocean views, over $1 million in renovations, and one of the most luxurious primary suites you'll ever see. Don't miss this incredible listing—check it out at www.3262W1st.com _________________________________ Contact Us To Book Your Private Consultation:

In this episode, we explore our predictions for the 2025 Vancouver Real Estate Market, diving deep into the economic and financial trends that will shape the year ahead. With Canada's GDP growth expected to remain moderate, driven by immigration and resource exports, the potential for a mild recession looms if elevated interest rates continue to slow consumer spending and business investment. We analyze the possibility of economic turbulence while discussing key signals in sectors like housing, manufacturing, and retail. Meanwhile, Canada's population growth is expected to drop considerably from before but will still be pushing the annual growth, to what extent remains to be seen. This sustained influx will fuel housing demand but could strain infrastructure and services.On the employment front, the unemployment rate, currently at 6.8%, is projected to remain somewhat stable within the 6.5%-8% range. While population growth could create new job opportunities, sensitive sectors like construction and tech may see some challenges. Inflation, sitting at 1.9%, is anticipated to close the year between 2.0% and 2.5%, assuming stable monetary policy and limited disruptions in energy prices or supply chains. This outcome largely depends on US trade policy which has yet to be sorted out. The Bank of Canada's interest rate, currently at 3.25%, is forecasted to ease slightly by year-end if inflation targets maintain and economic growth softens. In tandem, mortgage rates are likely to decline as well, with variable & potentially fixed rates dropping too. Despite these adjustments, Canada's mortgage arrears rate, historically low at around 0.15%, may see a slight uptick as households adjust to higher payments on renewals.Turning to real estate, we predict a steady recovery in sales volumes, with activity returning near the 10-year average, barring any significant rate fluctuations. The sales-to-active listings ratio which is currently signaling balanced market conditions may tick up into a Seller's market with more interest rate fluctuations. Inventory levels may see modest growth too as many who did not sell in 2024 will return to the market to try again. In the pre-sale market, developers are projected to cautiously release new projects, reflecting a gradual increase in buyer confidence. After an 8% decline in rental rates during 2024, the rental market is expected to stabilize though this will largely depend on immigration levels and the overall performance of the economy.In this episode we also highlight the top markets poised to outperform the Greater Vancouver region in 2025. We look at Surrey and Langley as they continue to attract buyers with affordability and infrastructure investment among a list of other locations that we strongly endorse. Tune in and find out which areas those are!This episode provides a comprehensive roadmap for navigating the opportunities and challenges of Vancouver's 2025 real estate market. Whether you're a buyer, seller, or investor, these insights will help you stay ahead in a shifting landscape. Tune in to learn more about what to expect and how to make informed decisions in the year ahead or book a one-on-one exploratory call with us and we'll help guide you through this recovering marketplace. _________________________________ Contact Us To Book Your Private Consultation:

Welcome to the first episode of The Vancouver Life Real Estate Podcast for 2025! As we kick off the new year, we start this year by reflecting on an intriguing 2024 in Greater Vancouver real estate. Today, we're unpacking December's freshly released market stats, analyzing how 2024 wrapped up, and exploring what's on the horizon for 2025.This is a special double-header episode where we'll revisit our 2024 real estate predictions to see where we were right, where we missed the mark, and what new trends are setting up 2025 to be a dynamic and potentially surprising year.Highlights from December reveal some fascinating trends. Sales reached their highest December total in three years, up 32% year-over-year, though still 15% below the 10-year average. New listings surged 26% year-over-year, marking the highest December total in three years. Inventory remains elevated, with December's levels the highest since 2018 and 25% above the 10-year average•The Sales-to-active ratios show balanced market conditions for the eighth consecutive month, with townhomes and apartments pushing us into the upper limits of a Balanced market.In terms of pricing, Vancouver's housing market defied more pessimistic predictions, with all three price metrics—HPI, median, and average prices—rising year-over-year. Notably, median prices climbed 4.5%, just 2% shy of the all-time high.As we dive deeper, we'll also compare Vancouver's performance to Toronto's market and national trends. While BC lagged behind the national average home price increase of 7.4%, it still holds the title for the highest average home price in Canada. Tune into the rest of the episode and find out where we right and where we went wrong as we review the predictions we made for 2024. _________________________________ Contact Us To Book Your Private Consultation:

We'd love to hear from you. What are your thoughts and questions?In this enlightening conversation, Chris Larsen shares his transformative journey from a career in engineering and medical devices to becoming a successful real estate investor. He emphasizes the importance of financial independence, the role of money in achieving a fulfilling life, and the value of time. Chris discusses his initial foray into real estate through house hacking and how he scaled his investments into syndications, including apartments, mobile home parks, and car washes. The conversation highlights the holistic approach to investing, focusing on both financial success and personal fulfillment.Main points: Chris Larsen transitioned from engineering to real estate investing.He emphasizes a holistic approach to financial independence.Money is a means to achieve freedom and pursue passions.Life's challenges can lead to personal growth and new paths.The importance of valuing time over just accumulating wealth.Real estate syndication offers scalable investment opportunities.Diverse asset classes can enhance investment returns.Value-add strategies can significantly increase property value.Investing in affordable housing can meet community needs.Personal experiences shape investment philosophies and strategies.Connect with Chris Larsen:chris@nextlevelincome.comhttps://www.youtube.com/@thenextlevelincomeshowhttps://www.linkedin.com/in/nextlevelincome/A copy of my book for free: https://nextlevelincome.com/book/

We'd love to hear from you. What are your thoughts and questions?In this enlightening conversation, Dr. Allen Lomax speaks with Kurt Volkman, a visionary leader in sustainable urban planning and architecture. They explore the importance of smart building design, the challenges of navigating sustainability controversies, and the potential for renovating older buildings to meet modern standards. Kurt shares insights on integrating wellness into design, addressing toxic materials, and the evolution of building practices, including modular construction. The discussion also touches on the impact of sustainable design on communities and strategies to combat gentrification. Kurt emphasizes the need for adaptability in the face of industry challenges, highlighting the importance of being intellectually curious and responsive to market demands.Main Points:Sustainability requires early decision-making to minimize costs.Comfort in living spaces significantly impacts tenant retention.Renovating older buildings to modern standards is feasible.Sustainable projects can command higher rents in the market.Natural materials are preferable to reduce toxic off-gassing.Intellectual curiosity drives innovation in architecture.Modular construction offers speed and efficiency in building.Community design should prioritize foot traffic and accessibility.Gentrification can be mitigated through inclusive planning.Adaptability is crucial in navigating industry challenges.Connect with Kurt Volkman:https://www.linkedin.com/in/kurt-volkman-b479a47/

From Food Stamps to Million Dollar Builds   In this episode of the Real Estate Investor Growth Network podcast, hosted by Jen Josey, guest Erik Timmermans shares his remarkable journey from starting on food stamps to owning 172 rental properties and building million-dollar homes in Raleigh. Erik offers strategic advice on navigating the 2025 real estate market, highlighting the potential impacts of upcoming tariffs and inflation. He emphasizes the significance of mastering specific zip codes, using other people's money (OPM), and the benefits of joining local real estate investment associations (REIAs) for networking and growth. Jen and Erik also discuss the broader implications of the election results on real estate and the best strategies for new investors. This episode is packed with actionable insights, practical advice, and motivational stories for both seasoned and aspiring real estate investors.   In Erik's words: I'm a real estate investor who started my journey in 2016 while on food stamps, proving that humble beginnings don't define your future. I grew my business while working a w-2 until 3 years ago. Today, I own 172 rental properties, complete around 30 flips per year, and have recently expanded into building million-dollar homes in downtown Raleigh. I built my business using OPM (Other People's Money) and am passionate about giving back to the community by sharing my knowledge and network to help others achieve financial freedom through real estate.   www.youtube.com/@ErikTimmermans-n3e https://www.facebook.com/erik.hinton.9469 https://www.instagram.com/timmermanserik/ https://www.linkedin.com/in/erik-timmermans-10a13351/ https://www.tiktok.com/@eriktimmermans843?_t=8ruRZnukGqY&_r=1  https://www.threads.net/@timmermanserik     To learn more about Jen Josey, visit www.TheRealJenJosey.com To join REIGN, visit www.REIGNmastermind.com Stuff Jen Josey Loves: https://www.reignmastermind.com/resources Buy Jen Josey's Book: From Beginner to Badass: https://a.co/d/bstKlby

We'd love to hear from you. What are your thoughts and questions?In this enlightening conversation, Anne Gannon shares her journey from competitive golfer to founder of the Largo Group, an accounting firm dedicated to empowering small business owners. She discusses the critical role of mindset in business success, the importance of diversification, particularly through short-term rentals, and the need for business owners to understand their tax obligations. Anne emphasizes the value of having a proactive approach to financial planning and the significance of resilience in overcoming life's challenges.Main Points:Mindset is crucial for business success.Diversification can protect businesses during crises.Short-term rentals offer tax advantages.Understanding taxes is essential for business owners.Effective tax rates influence business decisions.Business owners should be proactive, not reactive.Planning for the future is vital for success.Resilience is a key trait of successful entrepreneurs.Life is short; take action now.The Largo Group offers a unique flat fee approach.Connect with Anne Gannon:https://www.accelerator-method.com/str-accelerator-benefitshttps://www.linkedin.com/in/anne-gannon-529107148/https://www.facebook.com/profile.php?id=100095441858241https://www.instagram.com/acceleratormethod/https://www.youtube.com/@AcceleratorMethodhttps://www.thelargogroup.com/shotmaker-podcast

We'd love to hear from you. What are your thoughts and questions?In this enlightening conversation, Stacy Oliver, founder and CEO of SoulStream Media LLC, shares her inspiring journey into the world of wellness publishing. With over 30 years of experience, she discusses the creation of MindBodySoul magazine, targeting affluent women, and the emotional connections to health and wellness. Stacy reflects on her personal challenges, including the loss of her first husband and navigating divorce, emphasizing the importance of community, support, and taking risks in business and life. The conversation highlights the significance of emotional health in physical wellness and the continuous journey of personal growth.Main Points:Stacy Oliver has over 30 years of experience in publishing health magazines.The idea for MindBodySoul magazine came from a personal tragedy.Targeting affluent women allows for a unique advertising model.Emotional health is crucial to physical wellness.Stacy emphasizes the importance of community and support in personal growth.Taking risks is essential for success in business.Stacy's journey reflects a deep desire for independence and health.The magazine serves as a resource for women seeking wellness and beauty.Stacy's business model supports affiliate publishers in various cities.Personal challenges can lead to significant growth and transformation. Connect with Stacy Oliver:https://mindbodysoul.media/https://www.facebook.com/mindbodysoulmagazinehttps://www.linkedin.com/in/stacy-oliver-5bb55929b/https://www.instagram.com/mind.body.soul.mag/?hl=en

We'd love to hear from you. What are your thoughts and questions?In this engaging conversation, Phil Better shares his journey from a curious podcast listener to a successful podcast mogul. He discusses the influence of his childhood, particularly the impact of his godfather, and how it shaped his outlook on life and business. Phil delves into the evolution of podcasting, the importance of monetization, and how he helps others achieve passive income through their podcasts. He emphasizes the significance of networking among entrepreneurs and shares valuable insights gained from interviewing over a hundred entrepreneurs. Finally, Phil opens up about his personal struggles with burnout and the transformative power of therapy, highlighting the importance of investing in oneself for personal growth.Main Points:Phil Better's journey into podcasting began in 2014.His godfather's influence taught him the importance of joy and laughter.Podcasting can be a vehicle for passive income.Networking is crucial for entrepreneurs' success.Burnout can lead to personal transformation and growth.Monetization strategies have evolved in the podcasting space.Entrepreneurs often feel unprepared for the challenges they face.Phil helps others monetize their podcasts effectively.Investing in oneself is key to personal development.The podcasting community is still relatively small compared to other media. Connect with Philip Better:philbetterinc@gmail.comwww.thepodcastmogul.comhttps://www.linkedin.com/in/thepodcastmogul/https://www.facebook.com/PhilBetterhttps://www.instagram.com/ThePodcastMogul

Think deals are impossible during a pandemic? Think again! Greg Laborde is living proof that opportunity is everywhere.  From being broke to raking in nearly $400,000 in just six months of 2020, Greg's journey is nothing short of inspiring. In this episode, he reveals the strategies and tactics that helped him close massive deals with ease.  Discover how you can thrive in wholesaling even in uncertain times! Go to the TTP training program.---------Show notes:(0:48) Beginning of today's episode(3:09) Going to local REIA's and other networking events(5:01) Leveraging other people's time and talent(11:20) A big deal breakdown(18:38) Advice to anyone who is just starting out----------Resources:BiggerPocketsCallingRepsEgo is the Enemy by Ryan Holiday Greg on InstagramEmail Greg at: mailto:greg@ghlacquisitions.com Contact Greg at: 917-309-3566To speak with Brent or one of our other expert coaches call (281) 835-4201 or schedule your free discovery call here to learn about our mentorship programs and become part of the TribeGo to Wholesalingincgroup.com to become part of one of the fastest growing Facebook communities in the Wholesaling space. Get all of your burning Wholesaling questions answered, gain access to JV partnerships, and connect with other "success minded" Rhinos in the community.It's 100% free to join. The opportunities in this community are endless, what are you waiting for?

We'd love to hear from you. What are your thoughts and questions?In this enlightening conversation, Brett Riggins shares his extensive experience in real estate, discussing the challenges and lessons learned from his early investments. He emphasizes the importance of location, market dynamics, and the mindset required for successful investing. Brett introduces the Physician Wealth System, designed to help high-income earners navigate real estate investments effectively. The discussion also delves into the definition of wealth, personal freedom, and the significance of self-awareness in achieving financial success.Main Points:Brett's journey in real estate began in 2007, filled with mistakes and learning experiences.Location is crucial in real estate investment; understanding local dynamics is key.Economic conditions can impact investment decisions, but opportunities always exist.The Physician Wealth System helps high-income earners invest in real estate effectively.Mindset plays a significant role in wealth creation and personal development.Wealth is subjective and can be defined by personal freedom and gratitude.Surrounding oneself with the right people is essential for growth and learning.Self-awareness is the first step towards self-development and overcoming limiting beliefs.Happiness is a choice and can be cultivated through positive thinking.Contentment without complacency is a vital aspect of true wealth.Connect with Brett Riggins:https://www.linkedin.com/in/brettriggins/https://www.facebook.com/brett.riggins.9https://www.instagram.com/nnbrett/https://twitter.com/nnbrettrigginshttps://www.youtube.com/@PhysicianWealthSystems

We'd love to hear from you. What are your thoughts and questions?In this episode of Streams to Impact, Allen Lomax engages with Patrick Touhey, a dynamic leader and author, who shares his inspiring journey from a challenging childhood marked by abuse and poverty to becoming a successful entrepreneur and advocate for personal development. Patrick discusses the importance of intrinsic motivation, self-discovery, and the power of relationships in achieving success. He emphasizes the need for self-love and compassion, and how his experiences shaped his approach to coaching and leadership. The conversation culminates in a touching tribute to his brother, whose support and legacy continue to inspire Patrick's work.Main Points:Empowerment comes from unlocking one's full potential.Relationships are crucial for success in life and sports.Overcoming adversity requires determination and perseverance.Self-reflection is key to personal growth.Contentment and peace are internal journeys.Fear of poverty can drive success but also lead to stress.True self-worth is not tied to external achievements.Support from family can change one's perspective on life.Creating a vibrant environment fosters connection and joy.Legacy and love can inspire transformative journeys.Connect With Patrick Touhey:https://www.linkedin.com/in/patrick-touhey-82a57a78https://www.facebook.com/profile.php?id=61560858572377

We'd love to hear from you. What are your thoughts and questions?In this episode of Streams to Impact, Dr. Allen Lomax interviews Jake Clopton, a seasoned entrepreneur and expert in commercial real estate. They discuss the current macro trends affecting the real estate market, the impact of interest rates, and the opportunities available for investors. Clopton emphasizes the importance of understanding different property segments, the risks associated with various investments, and the significance of capital sources in real estate transactions. The conversation also covers strategies for raising capital and navigating regulations in the real estate sector.Main Points:Interest rates are currently peaking and may decline soon.COVID-19 has accelerated existing macro trends in real estate.The bid-ask spread is a significant challenge in the current market.Multifamily housing remains a strong investment opportunity.Investors should be cautious with high-leverage short-term loans.Geopolitical events can impact local real estate markets.Understanding demographics is crucial for real estate investments.Mobile home parks require specialized operational expertise.Hospitality and assisted living facilities carry higher operational risks.Raising capital requires understanding the type of investment structure. Connect with Jake Clopton:https://cloptoncapital.com/jclopton@cloptoncapital.comhttps://www.linkedin.com/in/jakeclopton1/https://www.facebook.com/CloptonCapital/https://www.instagram.com/cloptoncapital1/