The Vancouver Life Real Estate Podcast

Canada has long lived off its mythology: a country of opportunity, stability, and growth. But 2025 is stripping away that veneer. For the first time in a generation, the country is experiencing a profound reversal of the very forces that powered its ascent — population, jobs, and GDP — and nowhere are the consequences clearer than in the housing market.

Last year, more than 106,000 Canadians left the country — the largest exodus sin...

In this week’s episode, we sit down with Canada’s No. 1 BMO Mortgage Specialist, Mychal Ferrera, to break down what’s really happening in the housing and lending markets as we head into the fall season. Historically, autumn has been one of the busiest times of year for Canadian real estate—but 2025 is shaping up to be anything but typical. Between lingering inflation pressures, a sluggish jobs market, and whispers of a U.S. rate cu...

Canada’s housing market just dropped a fresh set of numbers, and depending on your lens, the story looks like either the start of a recovery - or the next chapter in a much longer crisis. In this episode of The Vancouver Life Real Estate Podcast, we take a comprehensive look at the national sales figures, falling rental rates, long-term home price forecasts, softening inflation, and the controversial foreign buyer ban. The narrativ...

The Canadian real estate landscape is undergoing a tectonic shift. This week’s episode dives deep into the fast-moving changes reshaping how Canadians think about buying, building, and even owning their homes. From pre-sale condo collapses to landmark legal rulings, the real estate rulebook is being rewritten in real time.

Toronto’s pre-construction condo market has plunged to its lowest sales levels in over 30 years. With...

Canada’s Housing Market Is Hitting a Breaking Point — and the August 2025 numbers prove it.

Vancouver home prices have slipped to their lowest level in over two years. Toronto prices? Wiped back to 2020 levels — erasing nearly all the gains from the pandemic boom. Inventory is piling up, sales are stagnant, and in some cases, sellers are watching hundreds of thousands in value disappear.

Meanwhile, the rental market — long thought to...

Canada’s real estate industry is officially in crisis mode.

In this week’s episode, we break down why some of the country’s most powerful developers — names like Polygon, Westbank, Beedie, and Mosaic — have joined forces to publicly plead for help. From record-breaking drops in pre-construction sales to massive project cancellations and widespread layoffs, the development industry is sounding the alarm louder than ever.

Feeling like you’re working harder and getting less? You’re not alone — and the numbers prove it.

This week’s episode of The Vancouver Life Real Estate Podcast takes a hard look at how Canada’s exploding tax burden, runaway deficits, and fleeing capital are colliding with the nation’s housing market. We connect the dots between Ottawa’s unchecked spending, falling investor confidence, and a real estate sector stuck in a high-stakes ...

In this week’s episode of The Vancouver Life Real Estate Podcast, we unpack a tidal wave of economic data that’s painting a clear — and sobering — picture for Canada’s housing and financial landscape. The big headline? There will be no rate cut in July. Inflation is ticking up again, job numbers came in scorching hot, and bond yields are surging — all of which are keeping fixed mortgage rates in the uncomfortable mid-4% range.
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Even with high interest rates, record-breaking mortgage renewals, a historic surge in pre-sale inventory, and the highest resale listings we've seen in over a decade, Vancouver real estate prices haven’t crashed. Over the past 12 months, prices have only declined 2.8%, and though they’re down 7% from the peak three years ago, they’re still up 12% compared to five years ago.

So, the obvious question is: Why?

Why have home prices ...

In this week’s Vancouver real estate update, we dive into the latest data and indicators painting a complex picture of the market. We start with the Housing Affordability Index, a measure of median household income against mortgage payments, taxes, and utilities. According to this index, Canadian homes have never actually been considered affordable—not once in the last 40 years. The most affordable period came in the late 1990s, wh...

In this week’s episode, we’re diving deep into one of the most dramatic real estate stories in Canadian history — the Fraser Valley housing boom and bust. During the COVID-era market frenzy, the Fraser Valley became a magnet for buyers looking to escape the city. Between 2020 and 2022, prices in cities like Abbotsford skyrocketed, with the average home price doubling from $500,000 to over $1 million in just two years. Fueled by low...

Canada 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 no...

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 st...

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, a...

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...

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 poin...

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 ...

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 ...

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 o...