The Vancouver Life Real Estate Podcast

Pre Sale properties can be a great opportunity to own real estate for both investors and end users alike.   Where the biggest benefit can be is in getting First Access to the most desirable units.  The Vancouver Life Real Estate Group is excited to announce our partnership with Key Marketing - a Pre Sale Marketing firm in Vancouver.   Key Marketing will be releasing upwards of 20 pre sale projects this year totalling around 10,000 units.   As a listener to our Podcast, we can offer you exclusive first access to the projects, plus an array of incentives.   Contact us today if you are interested in learning more about our upcoming pre sale opportunities.    info@thevancouverlife.com _________________________________ Contact Us To Book Your Private Consultation: 📆 https://calendly.com/thevancouverlife Dan Wurtele, PREC, REIA 604.809.0834 dan@thevancouverlife.com Ryan Dash PREC 778.898.0089 ryan@thevancouverlife.com www.thevancouverlife.com

Vancouver Real Estate ended the year on a high note setting a new all-time high price record alongside record setting sales volumes. In a year that saw the average home increase in value by 17%, or $170,000, it's no surprise the cries to slow housing down are getting louder. A CMHC funded report suggests, amongst other ideas, to tax homeowners - upwards of 1% per year.  This additional cost somehow makes housing more affordable, according to CMHC.  In this episode we further dissect their taxation idea, dig deeper into the December numbers, and share our predictions on what to expect in the next 3 months in the housing market.  _________________________________ Contact Us To Book Your Private Consultation: 📆 https://calendly.com/thevancouverlife Dan Wurtele, PREC, REIA 604.809.0834 dan@thevancouverlife.com Ryan Dash PREC 778.898.0089 ryan@thevancouverlife.com www.thevancouverlife.com

2022 looks to be another very interesting year for the Vancouver Real Estate market.   Coming off of a year where practically every record was broken, Ryan and Dan set up this episode by sharing what the main drivers and economic forces are that will influence the market the greatest.   Should we expect to see further financial stimulus from the government, will we hit immigration targets, how high will inflation get and what will happen with interest rates?     With the landscape understood, Dan and Ryan share their predictions for sales volumes, inventory levels, which markets will outperform the GVRD average and, of course, what they expect prices to do - for both Vancouver as a whole, plus each individual home type.  _________________________________ Contact Us To Book Your Private Consultation: 📆 https://calendly.com/thevancouverlife Dan Wurtele, PREC, REIA 604.809.0834 dan@thevancouverlife.com Ryan Dash PREC 778.898.0089 ryan@thevancouverlife.com www.thevancouverlife.com

On January 2nd, 2021 we released our predictions for the 2021 Real Estate market in Vancouver.  In this episode, almost 1 year later,  we look back at which predictions we got right, some scarily so, and which ones we got wrong - and why.   This was a really fun exercise and one where we outline how certain areas of the market are quite predicable, even in a mostly unpredictable environment, by analyzing many data points and combining them with experience and our intuition. _________________________________ Contact Us To Book Your Private Consultation: 📆 https://calendly.com/thevancouverlife Dan Wurtele, PREC, REIA 604.809.0834 dan@thevancouverlife.com Ryan Dash PREC 778.898.0089 ryan@thevancouverlife.com www.thevancouverlife.com

From all-time-high prices, sales volumes, savings rate and credit growth, Vancouver, and Canadian Real Estate saw practically ever record broken in 2021.   Canadians are still flush with money and have more savings than ever - and with the policy makers flat out refusing to raise interest rates, add significant supply or even suppress the demand, housing prices are still trending upwards at an above average pace.     This undoubtably can't go on forever and we expect 2022 to be a very different year - but for now - home buyers are enjoying access to cheap credit and low rates and the record low inventory is proof of this.    It's going to take many months for the market to come back to an even playing field, but do expect this massive ship to start turning by Q2 2022.    _________________________________ Contact Us To Book Your Private Consultation: 📆 https://calendly.com/thevancouverlife Dan Wurtele, PREC, REIA 604.809.0834 dan@thevancouverlife.com Ryan Dash PREC 778.898.0089 ryan@thevancouverlife.com www.thevancouverlife.com

2021 has been one of the most fascinating on record when it comes to the Real Estate Market.   Prices are at all-time highs, sales volumes has already broken all time records, new mortgages are being issued at highest rate ever and it just seems to go on and on.  Any record you can think of was broken this year.     So where does that mean things are going to go?  In this episode, Ryan Dash and Dan Wurtele tee-up our forecast episode by providing a year end review of what happened in Canadian Real Estate and dive into the numbers, explain why and how things got to where we are, and hint at what can be expected in 2022.  _________________________________ Contact Us To Book Your Private Consultation: 📆 https://calendly.com/thevancouverlife Dan Wurtele, PREC, REIA 604.809.0834 dan@thevancouverlife.com Ryan Dash PREC 778.898.0089 ryan@thevancouverlife.com www.thevancouverlife.com

Vancouver homes hit a new all-time-high average price record in November, crossing the $1,200,000 mark for the first time.   This was largely driven by the heavily-favoured sellers market thanks to record low inventory and highly elevated sales volumes.    Dan and Ryan dig into the November numbers and break down what's most important to pay attention to, and what to expect in the upcoming months for Vancouver home prices.  _________________________________ Contact Us To Book Your Private Consultation: 📆 https://calendly.com/thevancouverlife Dan Wurtele, PREC, REIA 604.809.0834 dan@thevancouverlife.com Ryan Dash PREC 778.898.0089 ryan@thevancouverlife.com www.thevancouverlife.com

Canada just set a new All-Time-High sales volume record amount, and there's still a full month of sales to go.   During this same time home prices have increased by 24% including the 2.7% gain last month alone.  This demonstrates how extreme the last year has been but now we are seeing indicators that we are near the end of this tremendous bull run.   All real estate goes through a cycle and the data is pointing to this one being near the top.  In this episode Dan Wurtele & Ryan Dash share these new metrics and outline what to expect next - and who is at most risk.   _________________________________ Contact Us To Book Your Private Consultation: 📆 https://calendly.com/thevancouverlife Dan Wurtele, PREC, REIA 604.809.0834 dan@thevancouverlife.com Ryan Dash PREC 778.898.0089 ryan@thevancouverlife.com www.thevancouverlife.com

Inflation just hit an 18 year high at 4.7%, a number widely believed to be largely underreported, or at least misrepresented.   Even at that amount, holding cash all but guarantees that you are losing money - by way of currency deflation.  In this episode Dan and Ryan discuss what inflation is, why it matters, and where they are seeing the smart money going to benefit from this environment.  _________________________________ Contact Us To Book Your Private Consultation: 📆 https://calendly.com/thevancouverlife Dan Wurtele, PREC, REIA 604.809.0834 dan@thevancouverlife.com Ryan Dash PREC 778.898.0089 ryan@thevancouverlife.com www.thevancouverlife.com

Toronto sales volume jumped 9.9% last month eating into already low inventory.  So much so that active listings hit a brand new record low at only 0.8 months of inventory!  Compare that to Vancouvers 2.2 months and you can imagine how extreme the situation is.   No wonder prices rose 4.3% in Toronto last month alone.     In this episode, we look deeper into what is happening in the Toronto housing market, we talk National Employment and where we predict housing prices to go from here.  _________________________________ Contact Us To Book Your Private Consultation: 📆 https://calendly.com/thevancouverlife Dan Wurtele, PREC, REIA 604.809.0834 dan@thevancouverlife.com Ryan Dash PREC 778.898.0089 ryan@thevancouverlife.com www.thevancouverlife.com