Shows
The Vancouver Life Real Estate PodcastUncharted Territory: Canada’s Population Drops & Real Estate ReactsCanada is entering a new and unfamiliar chapter—one defined not by explosive population growth, but by a dramatic slowdown that could rewrite the country’s real estate narrative. In fact, Canada just recorded one of the lowest levels of population growth seen in over 70 years. Only two other quarters in modern history have posted weaker numbers: the height of pandemic lockdowns in 2020 and the global energy downturn of 2015. But now, for the first time outside of a crisis, population growth is grinding to a near halt—and the implications for housing are massive.Ontario and British Columb...2025-06-2120 min
The Vancouver Life Real Estate PodcastBold Ideas to SOLVE Canada's Housing CRISIS – With Your HelpAffordable 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...2025-05-2426 min
The Wealth ExchangeCanadian Residential Real Estate Outlook: Multiplexes, Mortgages & Market Shifts with The Vancouver LifeHost Ethan Astaneh speaks with Dan Wurtele and Ryan Dash, partners at The Vancouver Life Real Estate Group. Dan and Ryan lead a team of award-winning real estate advisors helping clients navigate the evolving Greater Vancouver market—and beyond. In this episode, they offer a timely and comprehensive overview of the Canadian residential real estate landscape, from buyer, balanced, and seller market dynamics to the ripple effects of the mortgage maturity wall. They discuss how major cities like Vancouver, Toronto, Calgary, and Victoria are faring, and why condo markets in particular are facing headwinds. The conversation also ex...2025-03-2744 min
The Vancouver Life Real Estate PodcastBC's Multiplex Plan: Game-Changer for the Housing LandscapeIn this engaging and informative video, Dan and Ryan from the Vancouver Life Real Estate Group welcome back Bill Laidler, a multifamily developer with over 500 doors under construction, to discuss the transformative Small Scale Multi-Unit Housing Initiative, also known as the Multiplex Plan. Bill, a pioneer in this initiative, shares his extensive expertise on how each municipality in BC is adopting the legislation and reveals which ones might be holding back. Bill's previous video on this topic is the most watched of all time on this channel, proving the massive interest in this game-changing legislation.Bill Laidler...2024-07-0532 min
The Vancouver Life Real Estate PodcastReal Estate Roller Coaster: Record Highs, Record LowsIn this episode, we dive into a whirlwind week in the real estate landscape, packed with highs and lows that are enough to make your head spin. Canadians hit a new all-time high in household net worth, while mortgage originations reached record lows. Inflation rose, inventory spiked, and yet housing affordability somehow improved, all amidst rising debt insolvencies.Join Dan and Ryan from the Vancouver Life Real Estate Group as they break down these perplexing trends and discuss what they mean for the summer months ahead. This episode covers:Inflation Insights: Despite expectations, inflation surprised...2024-06-2930 minThe Wealth ExchangeInvesting Matters: The Real Estate Market in 2024 With The Vancouver LifeIn this episode, host Ethan Astaneh speaks with Dan Wurtele and Ryan Dash, partners at The Vancouver Life Real Estate Group. Dan and Ryan lead a team of award-winning real estate advisors to help their clients navigate the complexities of the Vancouver real estate market. Dan and Ryan discuss some of the most timely issues affecting the Vancouver real estate market. They provide an update on the residential real estate market, speculate on the "myth" of the mortgage maturity cliff, and discuss affordability in British Columbia, Alberta, and Ontario.2024-03-0748 min
The Vancouver Life Real Estate PodcastDecember 2023 Market Update PLUS Our 2024 Real Estate Predictions!In our first episode of 2024, we dive into the December stats to wrap up 2023 and present our predictions for the year ahead. This podcast episode covers two exciting topics: the year-end Vancouver Housing statistics and our predictions for 2024, focusing on economic drivers and real estate trends.Starting with the December stats, noting that total sales reached 1,345, marking a 3.2% increase from December 2022. While somewhat better than last December, this figure is still 36.4% below the 10-year seasonal average. This continues to indicate a decreasing trend in sales. New listings in December 2023 were 1,327, reflecting a 10% increase compared to the previous...2024-01-0648 min
The Vancouver Life Real Estate Podcast2023 Housing Market Predictions Recap. Were We Right Or Wrong?In our latest episode, we ventured back in time to the start of 2023 to review the predications we made about how Real Estate in 2023 would unfold. Beginning with Marco economic drivers, global trends and then backing down into the local economic real estate market. We made bold predictions and share insights on various economic fronts some with great accuracy and others... without!For example, Covid was a huge topic at the start of 2023 and Ryan's foresight was intriguing, especially his anticipation of a second supply chain shutdown linked to another virus surge - However, the unfolding reality...2023-12-3046 minThe Wealth ExchangeInvesting Matters: Real Estate Market Trends, Investment Strategies, and First-Time Buyer TipsEthan Astaneh welcomes back Dan Wurtele and Ryan Dash, partners at The Vancouver Life Real Estate Group, to The Wealth Exchange podcast. In today's discussion, Dan and Ryan delve into some of the most pressing issues impacting the Vancouver real estate market. They provide a comprehensive overview of the real estate landscape, examine the performance of investments across various segments, highlight the distinctions between Vancouver and the Toronto markets, and offer valuable advice tailored to first-time homebuyers. Furthermore, Ryan and Dan deliver an extensive market update on condos, townhouses, and detached houses. They also carefully assess whether...2023-09-1455 min
The Vancouver Life Real Estate PodcastInflation & Home Prices Are Rising - Which One Will Give First?In this episode, we dive deep into the various aspects of the Canadian economy, providing insights and analysis on recent developments. We discuss the unexpected rise in inflation in April, speculate on the Bank of Canada's next move, explore RBC's prediction of a housing market turnaround in spring 2023, analyze the Q1 population growth data, and examine the national housing market trends. We also touch on bond yields, business insolvencies, wage growth, and new home trends. Throughout the episode, we provide valuable insights and discuss the potential implications for individuals navigating the rapidly changing market.Inflation surprised...2023-05-2029 min
The Vancouver Life Real Estate PodcastInfrastructure Construction In BC Shows What's Coming NextThis week we jump into a great conversation with Ryan Andrews of PCL Construction’s Infrastructure Manager for the BC Region along with serial entrepreneur, real estate investor and co-owner of the Penticton Speedway, Mr Ingo Seibert. The purpose of this weeks episode is to gain an understanding of what billion dollar corporations are seeing, why they believe in the region and why they are continuing to help the province build the necessary infrastructure for what will be a major increase in population and density. Furthermore, we contrast that from the perspective of smaller entrepreneurs, what they have been up...2023-02-1144 minThe Wealth ExchangeInvesting Matters: An Update on the Real Estate Market with The Vancouver LifeHost Ethan Astaneh speaks with Dan Wurtele and Ryan Dash, partners at The Vancouver Life Real Estate Group. Dan and Ryan lead a team of award-winning real estate advisors to help their clients navigate the complexities of the Vancouver real estate market. In today's discussion, Dan and Ryan discuss some of the most timely issues affecting the Vancouver real estate market. They provide an overview of the real estate market and how investments have performed in the various segments, why the Vancouver market differs from the Toronto Market, and share some salient advice for first-time home buyers.2023-01-1946 min
The Vancouver Life Real Estate PodcastThe New Era Of Commercial Real Estate with James HuangThis week we got the opportunity to meet the head honcho launching eXp’s commercial division in Canada, Mr. James Huang, President of eXp Commercial. Breaking into that market will be transformative for those both looking to buy, invest, or sell commercial real estate with the exciting tech suites and professional teams available to service you. Moreover, if you’re a business owner or a professional yourself, you will love this weeks podcast as Dan and I got to learn the incredible 20 year professional story that James has lived. From leaving med school in University, to working on Wa...2022-10-2955 min
The Vancouver Life Real Estate PodcastVancouver Home Sales Drop 46%Making sense of what is happening inside our current Real Estate market is tough in today’s environment. Sweeping comments in conversation or news articles that suggest “The Market” isn’t doing well or that “Housing is Down” is no longer an accurate way of describing the housing sector - at least not in Vancouver. Take this little stat as an example: Vancouver currently has less inventory than it did this time last year; inventory actually dropped by 3% compared to September 2021 and is the third straight month of inventory declines in the GVRD. By comparison, Ontario’s inventory count is up by a ...2022-10-0828 min
The Vancouver Life Real Estate PodcastHousing Affordability Worst On RecordHousing unaffordability is truly the worst it's ever been. In this weeks episode we explore how home ownership cost (as a percentage of median household income) hit 60% this year, an all-time high. Considering the price of inflation, the cost of increasing interest rates and relatively stagnant wage growth by comparison, the cost of living has risen significantly.The affordability Gap in Canada - the difference between what a home costs and what a person can afford to pay for a home has widened by 67%!Following this bearish trend, the DOW had its worst m...2022-10-0129 min
The Vancouver Life Real Estate PodcastInflation Trending DownwardsWith the inflation print in Canada coming in lower than expected, there was some good news that the over sized rate hikes we’ve all been through over the last 6 months appear to be working. While this was largely driven by lower gas and commodity prices, things like food continued to inflate in price. It will take a significant amount of time before food prices begin to fall as it’s the one commodity everyone must continue to spend money on, not to mention the global constraints on grain and other products from war torn countries. ...2022-09-2419 min
The Vancouver Life Real Estate PodcastReal Estate: Enhanced. An Interview with Simon Bray, President of REW.caREW.ca is the leading search portal for Real Estate in Canada. In this episode Simon Bray, President of REW.ca walks us through the exciting new features their site offers to both home buyers and Realtors. We talk about the record setting year that was 2021, and what he forecasts for the market in 2022. Understandably, REW.ca has immensely powerful insights as they essentially have a crystal ball that can see into the future of real estate based on millions of home buyers behaviours. _________________________________ Contact Us To Book Your Private...2022-01-2255 min
The Vancouver Life Real Estate PodcastGet Exclusive Access To Pre Sale PropertiesPre 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 inter...2022-01-1510 min
The Vancouver Life Real Estate PodcastDecember Sets More Records To Finish YearVancouver 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 ne...2022-01-0838 min
The Vancouver Life Real Estate Podcast2022 Real Estate Predictions2022 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 cour...2022-01-011h 00
The Vancouver Life Real Estate PodcastOur 2021 Real Estate Predictions, Were We Right Or Wrong?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...2021-12-2542 min
The Vancouver Life Real Estate Podcast2021 - The Year Ever Real Estate Record Was BrokenFrom 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 i...2021-12-1820 min
The Vancouver Life Real Estate PodcastCanadian Real Estate State Of The Union2021 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...2021-12-1130 min
The Vancouver Life Real Estate PodcastVancouver Homes Hit New Price RecordVancouver 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 604.80...2021-12-0432 min
The Vancouver Life Real Estate PodcastCanadian Real Estate Sets All Time High Sales RecordCanada 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...2021-11-2733 min
The Vancouver Life Real Estate PodcastWhy Cash Is TrashInflation 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 d...2021-11-2024 min
The Vancouver Life Real Estate PodcastToronto Home Prices Jump 4.3% In One MonthToronto 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://ca...2021-11-1324 min
The Vancouver Life Real Estate PodcastHome Prices Increase $50,000 In OctoberThe average price of a home jumped $50,000 in October, hitting a new all-time-high of $1,226,000. This happened in a month where sales jumped 11% and inventory dropped a whopping 13% hitting a record low for the month. These metrics pushed the Sales to Active listings ratio up to 45%, deep in a Sellers market. In this episode we examine all 3 price metrics and explain what is driving this continued upward price pressure and when things might turn around. _________________________________ Contact Us To Book Your Private Consultation: 📆 https://calendly.com/thevancouverlife Da...2021-11-0627 min
The Vancouver Life Real Estate PodcastWhat High Inflation Means For Real EstateInflation is running at an 18 year high there is going to be some inevitable changes to the real estate market. Firstly, increased fixed rates are going to push buyers to the variable option, and begin to suppress buying power. Secondly as the overall cost of living increases, we're going to see less funds available for home purchases. This is already being seen in the consumer confidence index, and the real estate confidence index, which are down 9% and 18% respectively. While those indicators may provide forward guidance, today we're experiencing the fading moments of the strongest bull run in recorded history. National...2021-10-3043 min
The Vancouver Life Real Estate PodcastWhat To Know Before Buying A Leasehold PropertyLeasehold properties can seem enticing based on their lower price point - and in some cases this is a great option for home buyers or investors. But there is a lot know about this type of property including who owns the lease, the amount of years remaining on it, the type of lease, the size of down payment required and what happens when the lease expires. In this episode we explain each of these aspects in detail and when it is, and when it isn't, a good idea to explore the idea of buying a leasehold property. 2021-10-2319 min
The Vancouver Life Real Estate PodcastWill Rising Inflation Bring The 'Good Times' To An End?With inflation well above the 2% target, and major lenders raising their fixed interest rates, the question becomes, does this mean the good times are coming to an end? And by good time, we refer to the homeowners who have seen in excess of 30% annualized returns on their homes over the last 18 months. The heightened rate of appreciation is unsustainable and had to end at some point - but what is it going to take? There is far more talk about inflation remaining above targets and interest rates look to only have one way to go from here... In this episode...2021-10-1621 min
The Vancouver Life Real Estate PodcastHome Prices See Biggest Increase Since MayAll 3 price metrics shot up in September and the HPI hit a brand new all time high. New listings dropped resulting in a further squeeze on already tight inventory levels. Homes remain well into a Sellers Market and the data all points to price increases continuing through the remainder of 2021. We dive into these stats and share charts, and our thoughts on where things are headed. _________________________________ Contact Us To Book Your Private Consultation: 📆 https://calendly.com/thevancouverlife Dan Wurtele, PREC, REIA 604.809.0834 ...2021-10-0914 min
The Vancouver Life Real Estate PodcastPrices Set To Rise For The Remainder Of The YearEvery major metric is pointing to home prices continuing to increase in price for the rest of 2021. From the most straightforward, supply continues to dwindle and is at record lows across the country. Meanwhile, new mortgages are being issued at a rate DOUBLE the previous record. That alone is recipe for price increases - but we dig deeper into the immigration numbers, lack of new homes under construction, the immense amount of wealth Canadians have accumulated over the last 12 months and how delinquencies are at all-time lows. _________________________________ Contact Us To Book...2021-10-0222 min
The Vancouver Life Real Estate PodcastThe Housing Policy That Won The ElectionThe Liberal Government has retained their position of power and for those who voted for them, part of their decision was based on their housing promises. In this episode we dig into the most impactful promises and the budget attached to each one. From there we explore how likely these are to actual come to fruition and what housing may look like if they do. _________________________________ Contact Us To Book Your Private Consultation: 📆 https://calendly.com/thevancouverlife Dan Wurtele, PREC, REIA 604.809.0834 dan@th...2021-09-2534 min
The Vancouver Life Real Estate PodcastIt Has Never Been Harder To Buy A Home In BCThe amount of homes available for sale in BC has just hit a record low - 20,000. Consider that just 12 years ago, in 2009, that number was 60,000 - and since then the population has grown by more than 700,000 people. The average price of a home in BC increased by over 17% in the last 12 months and is up 80% in the last 10 years. Credit remains at near record lows and mortgage applications are at record highs. The competition to buy has never been more fierce, with less homes to ever to choose from. _________________________________ Contact U...2021-09-1817 min
The Vancouver Life Real Estate PodcastInterview With The President Of REW.caRew.ca is Canada's leading Real Estate search portal and the place that millions of people start their home search. Understandably there is an immense amount of data obtained through the site and in this episode we speak with the president, Simon Bray, to learn his journey into real estate and how Rew.ca is evolving based on home buyers behaviours. We discuss where the gaps are in the real estate process, how REW helps solve these, we talk affordability, lack of inventory and where Vancouver Real Estate is headed in the next decade. _________________________________ 2021-09-111h 07
The Vancouver Life Real Estate PodcastCanada Needs 1,000,000 More Homes TODAYAlthough Dan and Ryan typically focus on the Vancouver market as a whole, this weeks bonus episode explores the Macro Real Estate trends that taking place across the country. We explore the promises made by the respective political parties and whether their pledges line up with the reality we are facing as a nation. No doubt, there’s a systemic housing supply issue facing Canadians today - tune in and find out just how serious it is! _________________________________ Contact Us To Book Your Private Consultation: 📆 https://calendly.com/theva...2021-09-0629 min
The Vancouver Life Real Estate PodcastVancouver Is Experiencing A Severe Drought Of InventoryAugust felt like a fairly dramatic slow down from the frenetic pace we’ve seen most of the year! Both Dan and Ryan explore the latest stats from the Real Estate Board OG Greater Vancouver to check in and see where the month landed compared to the month prior and compared to last August. The question on everyone’s mind is, was August actually “slow” or are we beginning to get back into the typical real estate cycles we’ve experienced prior to the onset of the pandemic. Where are we headed from here?! _________________________________ 2021-09-0422 min
The Vancouver Life Real Estate PodcastDissecting The Upcoming Election Housing PromisesThis week we return to talk about the looming Federal election as we dissect each parties housing platform and whether the promises made by the leaders of each respective party are what we collectively need to address extremely low levels of housing supply, increasing populations and increasing unaffordability. Are their promises feasible? Are they the right measures in today’s global economy and is banning foreign ownership going to have dire, unforeseen consequences? Tune in and see for yourself! _________________________________ Contact Us To Book Your Private Consultation: 📆 https://calen...2021-08-2824 min
The Vancouver Life Real Estate PodcastInterview with Vince Taylor, President of Pilothouse Project MarketingVince Taylor, President of Pilothouse Project Marketing, joins us on this episode where he shares his wealth of Real Estate knowledge accumulated over 20+ years in the Industry. We dive into housing affordability, why it takes developers so long to bring new products to market, his views on taxation and supply vs demand. Vince gives us an insight into where he sees the BC real estate market going forward, and even shares his #1 city most recommended to invest in. _________________________________ Contact Us To Book Your Private Consultation: 📆 https://calendly.com/t...2021-08-211h 05
The Vancouver Life Real Estate PodcastThere Are Only 10,000 Homes Available In VancouverInventory in Metro Vancouver is hovering around the 10,000 mark - the same amount it was in August of 2005. The difference is, there are over 500,000 more people living here since then. Understandably that makes for a very tight market. Inventory has been dropping for 6 straight years and there are less than HALF the homes available than there was in 2015. We dive into what is causing this lack of availability and if the record breaking building permits out there will help ease this pressure anytime soon. _________________________________ Contact Us To Book Your Private C...2021-08-1414 min
The Vancouver Life Real Estate PodcastVancouver Home Prices Are Falling $20,000 Per Month - When Will It Stop!?Both Median & Average homes prices in Vancouver are down over $60,000 in the last 3 months. As we dig deep into the July Real Estate stats we uncover what is driving this downward pressure on prices, and give our predictions into how much longer the downward trend will go on. Incredibly tight inventory coupled with extremely low new listings are creating a baseline effect and with new mortgage applications at a record high, the fall market may be poised for another serious run up. _________________________________ Contact Us To Book Your Private Consultation: ...2021-08-0724 min
The Vancouver Life Real Estate PodcastVancouver Real Estate Sales Down 40% Since March PeakJuly sales slowed to the lowest amount seen in 6 months, and are down 40% since March. The bigger story is that new listings were the lowest for the month in 20 years, leaving total inventory down 19% from last year, and keeping real estate favouring sellers. Canadian inventory is at a 20 year low and BC has less than half the homes available for sale than just 6 years ago. Mortgage credit is ramping up where June saw the highest amount of mortgage applications applied for in Canadian history. Insolvencies are down 40% since January 2020 and savings is up by $120B during the same time. Q1...2021-07-3111 min
The Vancouver Life Real Estate PodcastTop 3 Reasons Why Vancouver Home Prices Will Rise Long TermRecent population growth estimates target 1 Million additional people living in Metro Vancouver by 2050. Is housing growth on target to match this? What about rezoning and densifying targets? Will building permits become quicker to obtain and what about access to credit? We dive into all these questions and give our projections for housing over the next 29 years. _________________________________ Contact Us To Book Your Private Consultation: 📆 https://calendly.com/thevancouverlife Dan Wurtele, PREC, REIA 604.809.0834 dan@thevancouverlife.com Ryan Dash P...2021-07-2423 min
The Vancouver Life Real Estate PodcastHome Prices Down $67,000 In First 2 Weeks Of JulyHome prices are dropping noticeably in the first 2 weeks of July, especially in the detached segment of the market. In this episode we dig into what is causing this drop and what you should be looking out for. We take a look at the important data affecting home sales and future outlooks for real estate markets nationally plus a hyper focused look on what is happening locally. _________________________________ Contact Us To Book Your Private Consultation: 📆 https://calendly.com/thevancouverlife Dan Wurtele, PREC, REIA 604.80...2021-07-1723 min
The Vancouver Life Real Estate PodcastAs The June Market Flatlines, Is Summer Pointing To A Downward Trend?The June 2021 Vancouver Real Estate Market stats are out and the numbers are all quite flat, especially when it comes to prices. BUT this is coming off of a 20 month bull run - making a flat price month very different than what we've seen in the recent past. So does this softening set us up for a downward trend in summer? Some of the data is already pointing that way. In this episode we dive into the data and share with you what to expect next in the Vancouver housing market. _________________________________ C...2021-07-1025 min
The Vancouver Life Real Estate PodcastShould You Use The Equity In Your Home To Buy More Real Estate?With the average Vancouver home increasing in value by over $150,000 in just the last year, property owners are looking at their equity as an opportunity to invest. In this episode we explore how you can borrow against your home and look at 3 real estate options of how to invest it. _________________________________ 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@t...2021-07-0325 min
The Vancouver Life Real Estate PodcastCanadian Housing Supply Continues To PlummetIf you have tried to buy a home recently you've likely noticed that there doesn't seem to be a lot of options available, well, you're not wrong. There are less than HALF the amount of homes for sale today then there were just 6 years ago. This has understandably put upward pressure on prices, where in the last 12 months, the average Canadian home price has increased 25%, or $140,000. These record high prices coupled with record savings and decreasing debt ratios has Canadians feeling rich and ready to buy more. We dive into the current state of affairs and disseminate what to expect...2021-06-2622 min
The Vancouver Life Real Estate Podcast1 Year Anniversary, Get To Know The Vancouver Life TeamThe Vancouver Life Real Estate Podcast is officially 1 Year Old and has just surpassed the 10,000 downloads mark! We wanted to say a very heartfelt Thank You to everyone that has listened and subscribed. It really means the world to us. In this episode we take a step away from real estate to take the opportunity to interview each other! We secretly came up with 3 questions to ask each member of the team as a way for you to get to know us better. The answers are quite inventive and we hope you enjoy this episode as much as we did reco...2021-06-1947 min
The Vancouver Life Real Estate PodcastHow Real Estate Will Be Affected In A Post Pandemic WorldAs we emerge from a year and a half of pandemic lock downs and restrictions that radically changed what people look for in a home - what happens now? Are buying habits going to look similar to what they did pre-pandemic? Or have our housing needs changed forever? Will businesses require people to come back to their downtown offices? We look into these questions and share what's happening so far with the June 2021 sales numbers. _________________________________ Contact Us To Book Your Private Consultation: 📆 https://calendly.com/thevancouverlife...2021-06-1220 min
The Vancouver Life Real Estate PodcastVancouver Real Estate Is Headed For A CorrectionAfter a 21 Month Bull Run that saw average home prices increase by 19% the indicators are now pointing downwards. We are past the peak of the market and you can expect prices to correct over the upcoming months. We deep dive into the May 2021 statistics and peel back the layers to provide you insights and predictions as to where prices are going next and how long it'll take to get there. _________________________________ Contact Us To Book Your Private Consultation: 📆 https://calendly.com/thevancouverlife Dan Wurtele, PREC...2021-06-0541 min
The Vancouver Life Real Estate PodcastHow The Pandemic Affected Commercial Real EstateThe pandemic impacted the commercial sector of real estate as well. Understandably office buildings took a serious hit while, maybe not so expectedly, the demand for industrial properties skyrocketed. In this episode we sit with Liam Simpson from William Wright Commercial Real Estate Services to take a deeper look into how each commercial asset class performed during the pandemic, where and when he sees the demand for office space to return, and where investors are putting their money today. _________________________________ Contact Us To Book Your Private Consultation: 📆 https://calen...2021-05-2938 min
The Vancouver Life Real Estate PodcastHow A 10-Year High Inflation Rate Will Affect Real EstateApril inflation hit a 10-Year high and it triggered a warning from the Bank of Canada letting people know that interest rate increases are coming. While they didn't say exactly when, this is a notable change of tone from just a few short weeks ago when the promise of record low rates maintaining until 2023 were echoed. Second to that, the recommended increase to the Stress Test was confirmed today, lowering buying power by around 4.5% We look at the effects these changes are going to have and discuss the national housing shortage in Canada, with notably the lowest homes per cap...2021-05-2226 min
The Vancouver Life Real Estate PodcastVancouver Real Estate Prices Are FallingThe sales data from the first 2 weeks of May shows that real estate prices have begun falling. The Median price is off 6% already this month and every indicator is pointing towards a further decrease in price. Inventory is increasing, sales are slowing, new listings are high and the sales to active listings ratio is down 22% from just 2 months ago. Now, be careful to understand that this does not mean ALL property prices are decreasing, there is still tremendous activity and price growth for many sub $800k properties - but this is the beginning of the downward cycle in the mar...2021-05-1525 min
The Vancouver Life Real Estate PodcastNew Price Record Hit As The Market Begins To ShiftHome prices hit a new all-time high record in April as did sales volumes for the month. BUT there are a number of key indicators that are pointing to an imminent slowdown, and soon. Inventory is climbing, fast, sales ratios are dropping, multiple offers are fewer and further between, appreciate rates are slowing and the overall market sentiment has changed. We dive deep into the numbers and bring you our anecdotal stories of whats happening at a ground level for us and our colleagues. _________________________________ Contact Us To Book Your Pri...2021-05-0839 min
The Vancouver Life Real Estate PodcastThe Vancouver Real Estate Market Is About To Hit The TopThe signs are becoming ever more clear that the Vancouver Real Estate Market is about to hit the top. Multiple Offer scenarios are becoming fewer and farther in-between, price reduction emails are hitting our inbox, Inventory is climbing and days on market is increasing. We dig deeper into the data and share our predictions into when and how much the market will drop once it hits the peak. www.thevancouverlife.com _________________________________ Contact Us To Book Your Private Consultation: 📆 https://calendly.com/thevancouverlife Dan Wurtele, PR...2021-05-0129 min
The Vancouver Life Real Estate PodcastThe New Federal Budget Does Not Address HousingThe first federal budget released in almost 2 years came out on Monday, and noticeably missing from it was any policies that would cool the housing market. Is this really a surprise? With 3/4 of Canadians homeowners, and 45% of homes owned outright with no mortgage, is there really a crisis? Or do non-homeowners simply have a louder voice right now? Who is the government trying to favour with their budget, the have-nots, or the have-yachts? We explore both sides of this argument and uncover that the government is actually suppressing supply while elevating demand. www.thevancouverlife.com ...2021-04-2436 min
The Vancouver Life Real Estate PodcastThe Pre Sale Market Is Setting Records TooThe Pre Sale Market hit a 59% absorption rate in March with 845 units selling. That is the highest it's been since early 2018 - similar to the records set by the resale market. A recent 227 unit tower sold out in 5 days, and the demand is increasing. We dig into whats happening in the near future and how you can get involved. www.thevancouverlife.com _________________________________ Contact Us To Book Your Private Consultation: 📆 https://calendly.com/thevancouverlife Dan Wurtele, PREC, REIA 604.809.0834 dan@thevancouverlife.com 2021-04-1820 min
The Vancouver Life Real Estate PodcastHow Much Will The New Stress Test Affect Real Estate Prices?On April 8th the Office of the Superintendent of Financial Institutions (OSFI) proposed a 0.46% increase to the existing Stress Test, raising the mortgage qualification rate from 4.79% to 5.25%. This will ultimately reduce people's buying power by 4.5% But in this environment, will home prices reduce by a similar amount? We look into what happened when the Stress Test was originally introduced, and how much home prices fell then. www.thevancouverlife.com _________________________________ Contact Us To Book Your Private Consultation: 📆 https://calendly.com/thevancouverlife Dan Wurtele, PREC, REIA 604...2021-04-1022 min
The Vancouver Life Real Estate PodcastMarch Madness! Every Real Estate Record SmashedEvery real estate record was smashed in March 2021, and most be a significant margin. Prices, sales volumes, inventory, sales ratios, appreciation rates, the list goes on and on. We take a deeper dive into the numbers and share our prediction on what's going to happen next. www.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@thevanc...2021-04-0314 min
The Vancouver Life Real Estate PodcastIs The Real Estate Market About To Destabilize The Economy?The Canadian Real Estate Market is so overheated that the IMF has come out and labelled it Risky, while RBC is claiming it could destabilize the economy. Both bodies point to taxation and tighter credit controls as a solution, (aka, taxing the demand) while 2 councillors in Vancouver are pushing to fix the permitting process to help with the supply side. All price, sales and listings are on track to set all-time high records this month, showing that any sign of a slowdown is likely months away. _________________________________ Contact Us To Boo...2021-03-2728 min
The Vancouver Life Real Estate PodcastWhen & How Is The Vancouver Real Estate Market Going To Slow Down?Real Estate prices have been rising for 18 straight months and, recently, have gone parabolic. With March on pace to be the highest sales volume month ever recorded, and all 3 price indicators at All-Time-Highs, the question becomes, When & How Is The Vancouver Real Estate Market Going To Slow Down? We dive into what happened the last time the market rose this fast and what caused it to slow down, and for prices to drop. Can these measures be implemented again? What's different this time around? Learn these answers and more in this podcast. _________________________________ ...2021-03-2032 min
The Vancouver Life Real Estate PodcastDowntown Condo Prices Are Rapidly IncreasingCondos in downtown Vancouver were one of the few to experience a price drop during Covid. While detached homes and townhomes saw double digit price increases, downtown condos actually dropped in price by 14%. Pricing hit bottom in November and have been rapidly increasing ever since, up 7% over just 3 months. Inventory dropped from 1,200 to 700 and listings that sat on the market for months are now seeing multiple offers. We dig into what is causing this sudden increase in interest and how long we expect it to last. _________________________________ Contact Us To Book Your...2021-03-1323 min
The Vancouver Life Real Estate PodcastFebruary 2021 Vancouver Real Estate Market UpdateHome prices jumped 2.6% in just one month as sales volumes registered 73% higher than the year before. Mortgage rates have started to climb, but the market has yet to show any signs of slowing down. We dig into the specifics and share some stories about what we're seeing in the market day in and day out. _________________________________ Contact Us To Book Your Private Consultation: 📆 https://calendly.com/thevancouverlife Dan Wurtele, PREC, REIA 604.809.0834 dan@thevancouverlife.com Ryan Dash P...2021-03-0632 min
The Vancouver Life Real Estate PodcastHow To Use An Insurance Policy To Buy Vancouver Real EstateIn this interview, we learn how people are using their insurance policies to buy real estate. Laurent & Robert are from Safe Pacific Financial, who specialize in building custom financial plans for success driven Canadian’s. They help Canadians understand the power of using life insurance as a financial tool. By protecting their client’s greatest assets and helping them achieve their financial goals, they can rest easy knowing their futures are secure. We learnt a lot from this episode, and think you will too.To learn more, visit: https://safepacific.com/ _________________________________ 2021-02-2730 min
The Vancouver Life Real Estate PodcastHow To Build A Custom Home in Vancouver, with Mohsin Ghuman from Pacific Vision DevelopmentEver thought about having a custom built home made for yourself? Wonder what the process is like? The cost? How long permits take? The benefit compared to a major renovation? These answers and a lot more can be found in this interview with Mohsin Ghuman from Pacific Vision Development. Mohsin and his team specialize in designing and building custom homes and talk about the client journey from initial discussion through to handing over the keys. https://pvdevelopment.ca/ _________________________________ Contact Us To Book Your Private Consultation: 📆 https://cal...2021-02-2032 min
The Vancouver Life Real Estate PodcastA Talk with Michael Ferreira & Jon Bennest from Urban AnalyticsJon & Michael have a wealth of knowledge when it comes to trends in the Vancouver Real Estate market. We dive into how the Pandemic affect prices and buying habits, what properties look to have the most demand moving forward, and the unbelievable amount of taxes you pay when buying a home. _________________________________ 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 r...2021-02-1351 min
The Vancouver Life Real Estate PodcastJanuary 2021 Vancouver Real Estate Market UpdateThe strong sales volumes seen during the second half of 2020 carried into 2021 with January seeing sales at a 2nd all time high, only trailing 2016. This is a reoccurring theme lately, where it feels like 2016 all over again. Properties are appreciating at a very high rate and multiple offer scenarios are commonplace. We explore what is causing this sustained pressure and how long we think it will last. _________________________________ Contact Us To Book Your Private Consultation: 📆 https://calendly.com/thevancouverlife Dan Wurtele, PREC, REIA 604.8...2021-02-0634 min
The Vancouver Life Real Estate PodcastInterview With Julie Tran, Mortgage BrokerThe mortgage industry is changing faster than ever and Peak Mortgages creator Julie Tran walks us through what it takes to get properly financed today and how much people can afford compared to just last year. _________________________________ 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.com2021-01-3030 min
The Vancouver Life Real Estate PodcastHow's The Market? January 23rd, 2021 Edition2020's record breaking pace continues into the early weeks of 2021 where we're seeing multiple offers and record breaking prices across the entire lower mainland. Thing is, it's not just in the detached market either. Townhomes, Duplexes and even condos are seeing increased activity levels and shocking sales 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 ...2021-01-2312 min
The Vancouver Life Real Estate PodcastThe Investor Mindset, with Ingo SeibertRyan & Dan interview Ingo Seibert in this episode, a high profile individual who specializes in real estate investment, development, construction & renovation. Best known for his racetrack, Area 27 in the Okanagan, Ingo owns Lake Excavations and Avion Developments, a group with projects across Western Canada. We look at the investments he's made, his successes and failures and examine how he learned to think as an investor, as well as where he learned the necessary investment lessons required to be a success and finally what he thinks the next few years will look like for local real estate investment. 2021-01-1643 min
The Vancouver Life Real Estate PodcastDecember 2020 Vancouver Real Estate Market Update2020 finished with another recording breaking month. December real estate sales ended up over 53% higher than last year and almost 58% above the 10 year average. This pushed all property types into a Sellers Market and prices higher. We look at what is driving these prices and make our predictions as to what to expect in the upcoming months. . _________________________________ Contact Us To Book Your Private Consultation: 📆 https://calendly.com/thevancouverlife Dan Wurtele, PREC, REIA 604.809.0834 dan@thevancouverlife.com Ryan Das...2021-01-0936 min
The Vancouver Life Real Estate Podcast2021 Vancouver Real Estate Market Predictions2020 was a wildly unpredictable market - we don't think anyones forecasts from back in April hit the mark. As the world is settling into our new reality, we look forward into what is going to drive prices into 2021 and make our predictions for each property type. What will interest rates do? How about the Pre Sale Market? Should we be expecting new taxes? We discuss these topic and more in this weeks podcast. _________________________________ Contact Us To Book Your Private Consultation: 📆 https://calendly.com/thevancouverlife Dan Wurtele...2021-01-0248 min
The Vancouver Life Real Estate PodcastWho Controls The Price Of Real Estate In Vancouver? With Steve Saretsky2020 has really shown how much power the policy makers have on controlling real estate prices in Canada, and particularly, Vancouver. From mortgage deferrals, lowered interest rates, increasing access to credit and easing of the stress test, these changes have fuelled a double digit annual gain in real estate prices - all while during a recession and pandemic. Looking beyond just this year, we explore zoning, building permit applications, rental restrictions, taxes and other vital factors that impact the pricing of Vancouver Real Estate. With special guest Steve Saretsky. _________________________________ Contact Us...2020-12-2642 min
The Vancouver Life Real Estate PodcastRecord High Stock & Real Estate MarketsThis month the Stock Markets, Bitcoin and Canadian Real Estate prices high all time highs. We look into how this mass wealth creation is shifting buying habits and the effects of the ever increasing economic divide. _________________________________ 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.com2020-12-1926 min
The Vancouver Life Real Estate PodcastTop 8 Reasons To List Your Home During The HolidaysThe holidays may be thought of as a slower time of year and one to avoid if thinking about listing your home. In this episode, we talk about the reasons this time of year can actually be a benefit to list, and how the current, well-above average, activity level can accentuate that. _________________________________ 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...2020-12-1215 min
The Vancouver Life Real Estate PodcastNovember 2020 Vancouver Real Estate Market UpdateNovember sales in Vancouver were the second highest of all time. Detached home prices increased a full 1% in value last month, while condos dropped a full 1% We dig deeper into what is causing this price divergence and discuss the new all-time lowest mortgage rates available, at 0.99% _________________________________ 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 ...2020-12-0524 min
The Vancouver Life Real Estate PodcastThe New Broadway Skytrain And Its Effect On Real Estate PricesThe new Skytrain Line will extend along Broadway from VCC to Arbutus. We explore what will happen to real estate values during construction and after completion, especially with properties near the new Skytrain stations. Both residential and commercial properties are evaluated, both in sales value and the rental premiums to expect. _________________________________ 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...2020-11-2120 min
The Vancouver Life Real Estate PodcastInterview With BMO Private Wealth Portfolio ManagerBank of Montreal Private Wealth Portfolio Manager Gurpreet Sohi walks us through his role in helping individuals and families manage their wealth and well being. We talk financial literacy, tax codes and where he sees the current opportunities in the investment landscape. _________________________________ 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.the...2020-11-1425 min
The Vancouver Life Real Estate PodcastOctober 2020 Vancouver Real Estate Market UpdatePrices continued upwards in October 2020 and sales volumes were the second highest ever recorded. Second only to the last recession. In this market update we dig deeper to see how individual property types are performing in respective areas, and what is driving this continued feverish pace of real estate. _________________________________ 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@thevanco...2020-11-0648 min
The Vancouver Life Real Estate PodcastInterview With BMO Mortgage Specialist, Mychal FerreiraHigh level mortgage specialist Mychal Ferreira with the Bank of Montreal walks us through what is happening in the Mortgage space in Vancouver. From record low rates to record high volumes, when it's a good idea to refinance and what rates they can get for investors, Mychal shares a wealth of knowledge gained from over 15 years in finance. _________________________________ Contact Us To Book Your Private Consultation: 📆 https://calendly.com/thevancouverlife Dan Wurtele, PREC, REIA 604.809.0834 dan@thevancouverlife.com R...2020-10-3116 min
The Vancouver Life Real Estate PodcastWhy We Are Investing In Langford, BCInvestment Revenue Realty is building a truly turn-key investment opportunity in the fastest growing municipality in BC, Langford. These condos come fully tenanted with management in place and are cash flow positive from day 1. We are joined by Cynthia Aasen, managing broker of IRR, to talk more about this project and their upcoming investment summit that you can join for free. _________________________________ Contact Us To Book Your Private Consultation: 📆 https://calendly.com/thevancouverlife Dan Wurtele, PREC, REIA 604.809.0834 dan@thevancouverlife.com ...2020-10-2324 min
The Vancouver Life Real Estate PodcastHow's The Market? October 16th, 2020 EditionThe biggest question we get as Realtors is "How's The Market?" And this comes from sellers, buyers, investors and those just curious about what's happening. The Vancouver market moves quickly in the best of times, let alone during a global pandemic, record high unemployment and the worst recession since WWII. And yet, we're seeing record sales volumes and price increases in many markets and across all property types. In this episode we share our recent experiences and those of the industry professionals and mortgage brokers we interact with daily. _________________________________ Conta...2020-10-1713 min
The Vancouver Life Real Estate PodcastWhat To Really Expect From The "Deferral Cliff"CMHC coined the term "Deferral Cliff" when referring to the end of the grace period given to mortgage owners in Canada that deferred their payments. With 7% of BC mortgages deferred, how many will actually go into arrears? CMHC predicts 20% of mortgages will, and our guest Tyler Wilson from Pilot Mortgage Group agrees with the economists and has a much different answer. We look into how housing prices may be affected and what you can do if you need to defer or extend your deferral period. wearepilot.ca _________________________________ Contact Us To Boo...2020-10-1036 min
The Vancouver Life Real Estate PodcastSeptember 2020 Vancouver Real Estate Market UpdateSeptember sales volume set an all-time record high and prices increased once again. We dig deeper into what is driving the demand and dissect each property type and area to give you real insights into what the Vancouver Real Estate Market is doing, and looks to do in the upcoming months. _________________________________ 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...2020-10-0857 min
The Vancouver Life Real Estate PodcastInterview With Russell McDonough, Real Estate LawyerBuying a home is likely the largest purchase you will ever make, so having a lawyer on your team to protect your interests is extremely important. Russell McDonough from Kearns and Company tells us about when and why to hire a Real Estate lawyer, the incentives available for first time homebuyers, and shares some horror stories from people who didn't hire a lawyer and resulted in tens of thousands of dollars of unexpected expenses. _________________________________ Contact Us To Book Your Private Consultation: 📆 https://calendly.com/thevancouverlife ...2020-10-0325 min
The Vancouver Life Real Estate PodcastInterview With Tyler Burley, Home InspectorTyler Burley is a home inspector with Pillar to Post. He has inspected almost 1,000 properties and is who we recommend the most to our clients. In this episode we learn what to expect, and what not to expect, from a home inspection, the process, costs and time involved. Tyler shares some stories of the most beautiful homes he's seen, and some of the more shocking ones. Everything you've ever wanted to know about home inspections can be heard here. _________________________________ Contact Us To Book Your Private Consultation: 📆 https://calendly.c...2020-09-2633 min