Vancouver Real Estate Podcast
Vancouver's premier real estate podcast. Your source for buying, selling, or investing in the Vancouver Real Estate Market with two of Vancouver's top realtors, Adam and Matt Scalena.
VREP #532 | Now It's Sellers' Turn to Experience FOMO with Jon Bennest & Stefan Greiner
'Remember when' may be the lowest form of conversation, but Vancouver sellers still can't resist quoting what their neighbour sold for in 2021. Back then, buyers were terrified of missing out. Now the anxiety belongs to anyone looking to sell. Zonda VP of Product Jon Bennest & VP of Advisory Stefan Greiner sit down with Matt this week to explain how the pendulum swung so hard, and why a region with ZERO new tower launches this year still can't clear its inventory. From a never-lived-in condo going for nearly 20% less than its twin did a year ago to West Side tenants...
VREP #531 | Ken Sim's Former Campaign Director Wants His Job with Kareem Allam
Four years ago, he helped put Ken Sim in the mayor's chair. Now he wants him out of it. Vancouver Liberals mayoral candidate Kareem Allam sits down with Adam & Matt to explain why he walked away from ABC and why he's staking his entire campaign on one goal: bringing back the young people fleeing Vancouver. He pulls no punches on a building code he calls a barrier to new housing, density that has outrun the parks & pools neighbourhoods were promised, and a plebiscite question he says amounts to building a prison downtown. Is the property tax freeze really a...
VREP #530 | From 4,000 Metro Vancouver Presales a Quarter to 62 with Beau Jarvis
Vancouver's presale market hasn't just slowed, it has nearly vanished, & that will shape what gets built here for years to come. Recorded live at REIBC's Real Estate 360, Wesgroup Properties President & CEO Beau Jarvis sits down with Adam & Matt to explain why government, not weak demand, remains his industry's biggest obstacle. With civic & provincial elections a week apart, Beau pulls no punches on David Eby's proposed levy on unsold homes, why builders are accepting losses to keep their teams employed, and why DRIPA & rising interest rates add even more risk for the capital that funds new projects. Could a Conservative...
VREP #529 | Developers Are Fighting to Survive and Eby Wants to Tax Their Unsold Condos with Trevor Hargreaves
The fall market is already crawling, and now a snap provincial election and a surprise tax on unsold condos have dragged BC housing into the political crossfire. In front of a live audience, BCREA Senior VP of Government Relations Trevor Hargreaves sits down with Adam & Matt to unpack Premier David Eby's timing, why developers keep getting cast as villains while many struggle to stay afloat, and how rapid densification without schools or hospitals to match could strain growing neighbourhoods. Can a party on its third leader this year stay disciplined long enough to win? Can Ken Sim's crime-focused pitch...
VREP #528 | Why Street Disorder Hasn't Gotten Better with Pete Fry
For many Vancouverites, this upcoming civic election is about one thing: street disorder. Councillor & Green Party mayoral candidate Pete Fry sits down with Adam & Matt this week to lay out his approach, from supportive housing & overdose prevention sites to the tiny shelters he's seen succeed down the coast. The longtime Strathcona resident also shares what a well-run SRO on his own block reveals about making these buildings work. Is East Van shouldering more than its share of the region's hardest problems? What would it take to get people out of shop doorways for good? And where does involuntary care...
VREP #527 | David Eby Wants to Be Your Neighbour with Marc Lee
Picture this: you move into your new home & find yourself across the table from a government bureaucrat at your first strata meeting. And they control 30% of the strata votes! The proposed condo bailout could make this a reality. Senior Economist Marc Lee of the Canadian Centre for Policy Alternatives sits down with Adam & Matt this week to unpack why the cycle that made Vancouver real estate a one-way bet has somehow ended with taxpayers buying condos, how scooping up unsold units puts an artificial floor under prices right when they need to move, and where Marc thinks the province...
VREP #526 | Fraser Valley Prices Are Down over $300,000 and Still Falling with Steve Karrasch
The Fraser Valley benchmark price has fallen from nearly $1.2 million at the 2022 peak to $869,000 & Surrey Realtor Steve Karrasch says the declines are speeding up - not slowing down. Steve sits down with Adam & Matt this week to walk through a market that is bucking the stabilizing national trend: where court-ordered sales are setting the price, landlords are selling rather than re-renting, and a detached house can now be had for what a two-bedroom condo cost three years ago. From the boom-and-bust history of Surrey City Centre to the multiplexes going up with no buyers in sight, this conversation gets...
VREP #525 | Why Smart Money is Getting Ready to Build Again with Daryl Simpson
Most of the market is sitting on its hands, but Townline President Daryl Simpson says that developers paying attention are getting ready to build. Daryl sits down with Adam & Matt this week to explain a paradox: how the slowest condo market of his three decade career, the first real drop in rents this city has ever seen, and 20,000 rental units still under construction actually set up a genuine supply squeeze in the early 2030s - one builders should be preparing for now. He is candid about why today's construction savings will not last, what developers got wrong during boom...
VREP #524 | What Every Vancouver Seller is Asking This Fall with Adam & Matt
Selling in Vancouver this fall will not be easy & the questions homeowners are asking right now reflect that reality. Fresh off a stronger June but softer July, Adam & Matt sit down to discuss listing your property in the fall of 2026, answering the questions they hear most from sellers. They move through each stage of a sale: before you list, when you set your price, and once an offer comes in, tackling everything from reading a market that keeps humbling the experts to the subject-removal shakedown now showing up on nearly every deal. Is now the time to list or...
VREP #523 | How Vancouver Became a Battleground Between the Generations with Phil Webb
The debate over Vancouver's Villages Plan has become something bigger than a simple zoning discussion. It has become a charged battle over the future of our city. As the city holds public consultation on the plan to upzone 17 neighbourhoods across Vancouver, housing advocate Phil Webb sits down with Adam & Matt to report from these contentious meetings at City Hall. They unpack the fears of the opposition, assess the plan on its merits, and dig into Phil's warning that protecting the status quo only shuts younger Vancouverites out of the market for good. Is the plan smart policy or just...
VREP #522 | Toronto and Vancouver Are Telling the Exact Same Story Right Now with Tom Storey
The same strange market split is playing out in Toronto and Vancouver & which side you're on depends entirely on what you own. Tom Storey, leader of Toronto's Storey Team and host of the Tom Storey Show, sits down with Adam & Matt this week to compare Canada's largest cities point for point. The conversation runs from Leslieville versus Kitsilano, to a five-point test that decides whether a condo sells today, to a new framework that flips how buyers should think about real estate as a long term investment. Why do a handful of neighbourhoods still feel like 2021? What hard-won lessons...
VREP #521 | The First Half of 2026 in a Word with Brendon Ogmundson
The numbers say the market is merely slow. Everyone living in it says something worse. BCREA Chief Economist Brendon Ogmundson sits down this week with Adam & Matt to break down a first half that somehow undercut an already historic low. From the string of supply shocks driving rates up, to move up buyers single-handedly propping up the market, to the province's $1.5 billion bid to scoop up thousands of unsold condos, this wide-ranging conversation gets to the heart of why the gloom won't lift & what finally turns it around. So what word does a chief economist reach for? Why are...
VREP #520 | Vancouver's Commercial Real Estate Reset with Cory Wright
2021 prices are gone and sellers are finally coming to terms with reality. But what's next? Cory Wright, owner and managing broker at William Wright Commercial, sits down with Adam & Matt for an unvarnished health check across every asset class in the world of commercial real estate. They dig into why office is drawing serious buyers, how some industrial now sells for less than it costs to build, and the case for the buildings nobody wants. He also unpacks the development logjam choking new supply and the overlooked secondary regions where savvy money is heading. Have we hit the floor...
VREP #519 | How to Spot a Bad Strata Before You Buy with James Milne and Brent Anderson
Your home may be your biggest investment, but is it also your biggest risk? This week, James Milne and Brent Anderson, Business Development Directors at FirstService Residential, sit down with Adam & Matt to pull back the curtain on strata life in BC. From dysfunctional councils and deferred maintenance to the document red flags most buyers walk right past, this conversation is essential listening for anyone who owns or is shopping in the Lower Mainland. Why does Vancouver pay some of the lowest maintenance fees in North America, and is that actually bad news? What free online search should you...
VREP #518 | Escaping the Vancouver Housing Trap with Chuck Marohn
What if the very thing that makes your home a winning investment is also the thing that puts our city beyond reach for the people who live & work here? Chuck Marohn, the Strong Towns founder and co-author of Escaping the Housing Trap, sits down with Adam & Matt this week to explain where we have gone wrong in North American housing: how shelter has become a financial asset, why prices are never allowed to fall, and why this approach can't deliver truly healthy, thriving cities. Do the ways we finance new construction fundamentally have to shift? Are Vancouver's tower-and-podium projects...
VREP #517 | Why Vancouver Real Estate Feels More like 1998 than 2008 with Wendy Waters
Forget 2008. Real estate research analyst Wendy Waters sits down with Adam & Matt to argue that today's Vancouver real estate market has far more in common with the late 1990s, a long, quiet stretch where prices barely moved, governments rebalanced their books, and global uncertainty hung over every decision. From flight-to-quality buyers to the wave of young Canadians still living at home, the conversation reframes what listeners should actually expect from the next several years. Is the era of housing as a wealth generator finally winding down? Why does this downturn refuse to follow the usual cycle playbook? And could...
VREP #516 | Inside BC's Slow-Motion Economic Crisis with David Williams
After five straight credit downgrades and a record deficit, BC is at a turning point. David Williams, VP of Policy at the Business Council of British Columbia, sits down with Adam & Matt to unpack how the province went from fiscal powerhouse to cautionary tale in just half a decade. From the end of four mega projects to a ballooning public sector and outmigration not seen since the 1990s, the conversation cuts to the heart of what's really happening behind the numbers. Are tax hikes and public sector layoffs now inevitable? Why is Canada projected to be the slowest growing...
VREP #515 | Granville Street Will Decide Downtown Vancouver's Fate with Jane Talbot
Three province-purchased SROs, a 39-day FIFA pedestrian takeover, and a long-promised revival have put Granville Street at the centre of the fight for downtown Vancouver's future. Jane Talbot, President and CEO of Downtown Van, sits down with Adam & Matt to unpack where the Granville Plan stands, why this summer could be a turning point for the entire 90-block core, and how the entertainment district's struggles ripple through every corner of the city. Will the three SROs finally be relocated? Can FIFA revive Granville Street for good? And what should Vancouverites expect when Georgia to Davie closes to cars next...
VREP #514 | Why Some Vancouver Neighbourhoods are Surging (and Others are Stalling) with Professor Markus Moos
Some Vancouver neighbourhoods are filling up with the next generation, while others are aging in place. Markus Moos, professor at the University of Waterloo's School of Planning, sits down with Adam & Matt to unpack what's driving the divergence, from the rise of 'forever young' districts to the knowledge economy concentrating at the centre and families getting priced out to the edges. Why do certain pockets surge with younger buyers and renters as comparable streets stagnate? Why is Canada still defaulting to 'tall and sprawl' while the rest of the world embraced missing middle long ago? And is the urban...
VREP #513 | Canada's Economy Is Quietly Falling Apart and Nobody's Talking About It with Brendan LaCerda
Something feels off about Canada's economy, even if the headlines won't say it. Moody's Analytics economist Brendan LaCerda sits down with Adam & Matt to cut through the noise and explain why the country is stuck in a state of economic limbo, with growth grinding to a halt while businesses freeze in place. From the looming USMCA renegotiation to the surprising downside of high oil prices, Brendan offers an outsider's data-driven perspective on where Canada is really headed and what it means for Vancouver real estate. Why is a US economist so concerned about what's happening up north? Could AI...
VREP #512 | The Quiet Rewrite Of Vancouver's Future With Josh White
Vancouver is quietly being redrawn, and most people haven't noticed yet. The City of Vancouver's General Manager of Planning and Urban Design, Josh White, sits down with Adam & Matt this week to unveil what the next version of this city will actually look like. From the new Official Development Plan, the Broadway Plan's slow rollout & the Villages program reshaping neighbourhoods to revamping the PNE, Jericho & Northeast False Creek, Vancouver is set to transform. Where will the next wave of growth actually land? Which neighbourhoods are about to change the most? And what does a bigger, denser Vancouver mean for...
VREP #511 | Has Vancouver Real Estate Found Its Floor With RBC's Robert Hogue
Has Vancouver real estate finally found its floor or are more declines still ahead? RBC's Assistant Chief Economist Robert Hogue sits down with Adam & Matt this week to break down the latest data from across Canada and zero in on what's really driving the sluggish Vancouver market. From the widening gap between major cities to mortgage renewal stress and a looming supply crunch, this conversation cuts through the noise with clear-eyed analysis. How close is Vancouver actually to turning the corner? Is the Bank of Canada really done cutting rates this cycle? And what does Robert see for the...
REPOST: VREP #227 | 11 Towers and 6,000 New Homes Near Burrard Bridge with Khelsilem Tl'aḵwasik̓a̱n
*Disclaimer: This episode was originally recorded and aired June 2020*
The City of Vancouver is a notoriously difficult place to build homes, with crippling debates occurring at any attempt to add housing. So, it may surprise you to hear that ground is being broken soon for 11 towers - with the tallest being 57 stories! – at the base of the west side of the Burrard Bridge. Wait…in Vancouver? Not exactly. Squamish Nation Councillor and Spokesperson Khelsilem sits down with Adam and Matt to detail the Sen̓áḵw Development, a Squamish Nation/Westbank master planned community that will redefine the Vancouver...
VREP #510 | Five Vancouver Real Estate Headlines Every Buyer Should Question Right Now
March is behind us and the alarming Vancouver real estate headlines are making the rounds again. Prices are falling, inventory is at record highs & sales volumes have plummeted. And every single one of these headlines is true. But are they entirely accurate? Adam & Matt sit down this week to unpack the top 5 narratives shaping how buyers are approaching Vancouver real estate, digging past the screaming headlines to tell a very different story of this spring market. What is the data actually saying beneath the headline price and inventory numbers? Should buyers be worried that sales volumes are more than 30...
VREP #509 | How a War in Iran Could Reshape Vancouver Real Estate with Kyle Green
A war in the Middle East is fueling inflation, rattling bond markets, and pushing fixed rates higher at a pace few saw coming. Kyle Green, founder of Green Mortgage Team and one of Canada's top brokers, sits down with Adam & Matt to break down what rising rates and a weakening Canadian job market mean for borrowers, why some homeowners should consider breaking their mortgage early before rates climb further, and whether Vancouver real estate can weather the storm. Are Vancouver homeowners already behind the curve on their mortgage strategy? With inflation rising and jobs softening, which way does the...
VREP #508 | She Spent 30 Years Critiquing Vancouver City Hall and Now She Wants to Change It with Frances Bula
For three decades, Frances Bula covered every housing crisis, every broken promise, and every Vancouver council that overpromised and underdelivered. Now she's done watching. The veteran Globe and Mail journalist sits down with Adam & Matt this week to talk about her decision to run for City Council with OneCity Vancouver in the fall civic election. From performative property tax freezes to vanishing lifeguards to why people are really living on Vancouver's streets, Frances pulls no punches on where the city has gone wrong and what it would take to fix it. Why does she think the current mayor and...
VREP #507 | Vancouver Real Estate's New Normal Is Here and Could Last Years with Andrew Lis
The spring market many buyers and sellers have been waiting for may not be coming - at least not in the way Vancouver has historically thought of it. GVR Chief Economist Andrew Lis sits down with Adam & Matt this week to unpack why 2026 is shaping up to look remarkably like 2025 & why what feels like a slow market today may simply be the new normal. From the near-collapse of investor demand and a historic vacancy rate spike to a shadow inventory of unsold condos, a slowdown in immigration, and a demographic shift decades in the making, Andrew maps the structural...
VREP #506 | The Vancouver Real Estate Trivia Show With Adam And Matt
Think you know the Vancouver real estate market? In this special all-trivia episode, Adam and Matt go head-to-head on the data defining Metro Vancouver in 2026, and the numbers will genuinely surprise you. From surprising sales trends by property type, to a jaw-dropping 10-year return stat that will make you rethink where wealth has actually been created in this region, to an inventory shift that could signal a turning point, this episode packs real insight into a fast-moving, play-along format whether you are looking to sell, buy, or just follow the market. Which property type is bucking the trend right...
VREP #505 | The Province is Broke & the 2026 BC Budget is Making it Worse with Trevor Hargreaves
BC is staring down a $13.5 billion deficit. Yes, with a B! And the 2026 provincial budget will only make things worse. BCREA Senior VP of Government Relations Trevor Hargreaves sits down with Adam & Matt this week to unpack surprise PST expansions, new tax hikes, and a government trying to grow the economy with policies that discourage investment and development. Trevor breaks down why the Vancouver Board of Trade held an urgent press conference calling for change, where the political landscape of British Columbia is heading, and why a lack of consultation on the part of David Eby's government keeps leading...
VREP #504 | Toronto's Real Estate Market Is The Worst It's Ever Been And Here's What It Means For All Of Canada With Daniel Foch And Nick Hill
Toronto's housing market has hit historic lows with 17 straight months of year-over-year price declines, and the ripple effects are being felt across the country. Canadian Real Estate Investor podcast hosts Daniel Foch and Nick Hill sit down with Adam & Matt to deliver a raw, unfiltered look at what's happening in Canada's largest market and what it signals for Vancouver and beyond. From massive investor losses and the tariff threat hammering Ontario's auto corridor to the rise of AI reshaping how real estate professionals work, this conversation covers the forces quietly redefining Canadian housing. Where are savvy investors still finding...
VREP #503 | How a Tax Break for Struggling Seniors Became a Billionaire Subsidy in BC with Phil Webb
What started in 1973 as a lifeline for cash-poor retirees has morphed into one of BC's most lopsided housing policies, one that disproportionately benefits the people who need it least. Insurance professional and self-described policy obsessive Phil Webb sits down with Adam & Matt to expose BC's property tax deferral program, a seniors benefit with no income or wealth limits that has become an investment vehicle for some of Vancouver's wealthiest homeowners. Far from helping the house-poor, enrolled homes in Vancouver average $3.4 million in assessed value & in West Vancouver one in seven properties takes advantage of the program. How did a...
VREP #502 | Canada's Courts Split On Aboriginal Land Title Claims With Sam Adkins
Two provinces, two court decisions, completely opposite conclusions on Aboriginal title over private lands. Lawyer Sam Adkins sits down with Adam & Matt this week to unpack the seismic legal shifts since the Cowichan Decision rocked the British Columbia real estate market last fall. From Montrose Properties' move to reopen the Cowichan case to New Brunswick's Court of Appeal ruling that Aboriginal title land claims on privately held property "sound the death knell of reconciliation," uncertainty is spreading across Canadian real estate. Why are BC and New Brunswick courts reaching completely opposite conclusions on the same legal issue? What does...
VREP #501 | BC's Biggest Threat is Not Housing with Mayor Brad West
Port Coquitlam Mayor Brad West is challenging just about every orthodoxy about our province’s future and British Columbians are taking notice. Brad sits down this week with Adam & Matt to challenge the housing crisis narrative, expose how provincial mandates are destroying local communities, lament BC abandoning its resource wealth for service sector stagnation, and reveal why the Cowichan decision poses a greater threat than any housing shortage. From secret provincial legislation developed without consulting a single mayor to court rulings that undermine property ownership itself, West argues BC is living through a historic moment of reckoning. We need a...
VREP #500 | Can Vancouver Recover from the Worst Market this Century with Ryan Berlin And Brendon Ogmundson
Vancouver just posted its worst sales year of the 21st Century. This century. Let that sink in. And now listen up because Chief Economists Ryan Berlin from Rennie and Brendon Ogmundson from BCREA sit down together with Adam & Matt this week to discuss where we go from here. From concrete towers sitting unsold to rental oversupply colliding with plummeting immigration, the forces reshaping Metro Vancouver reveal a market searching for a new identity. Are we just witnessing the depths of a regular market cycle or has something about Vancouver real estate fundamentally changed? Will sales volumes continue to bounce...
VREP #499 | Vancouver Real Estate 2025: Reviewing The Year Of Reckoning With Adam & Matt Scalena
After a year that defied expectations, Vancouver real estate's 2025 reality check reveals uncomfortable truths about market psychology and price compression. Adam & Matt sit down for an end of the year conversation to dissect the deepest volume slowdown in decades, stubborn inventory levels well above historical norms, and a luxury-led price correction reshaping everything below it. From West Side single family homes losing hundreds of thousands to Whistler condos surging 10%, this wide-ranging market review cuts through the noise to reveal which neighborhoods stayed resilient and which crumbled under the pressure. Is 2026 the year buyer confidence finally returns? What's driving the...
VREP #498 | Navigating Real Estate Tax Planning With Mohammad Shahid And Nav Pannu
They say it's not what you make but what you keep. And today's guests can definitely help with that. DMCL tax specialists Mohammad Shahid and Nav Pannu sit down with Adam & Matt this week to decode the tax implications that real estate investors face at every stage. From understanding when incorporation makes sense to navigating capital gains calculations, change-of-use rules, and interest deductibility strategies, this conversation cuts through technical jargon to reveal practical strategies & concrete examples for minimizing tax exposure. When should you incorporate versus holding properties personally? How do laneway homes impact your principal residence exemption? And can...
VREP #497 | Vancouver's Brand Crisis with Miro Cernetig.
Two out of three Vancouverites believe their city's brand is in decline. Veteran journalist and CityAge founder Miro Cernetig joins Adam & Matt this week to explore this stark reality, arguing that cities need powerful stories to unite residents and attract the world - and Vancouver has begun to lose the plot. From the post-Olympics swagger to today's "troubled, sleepy city," he traces how the stories we tell ourselves shape civic destiny. And that destiny feels more uncertain than it once did. Can Vancouver revitalize its brand by changing the story it tells? What's the crucial difference between renting temporary...
VREP #496 | The Financial Planner's Wealth Building Strategy For Vancouver With Adam Beaudin-Ball
Can you really retire comfortably in Vancouver with just $500,000 in liquid assets? Senior Financial Planner Adam Beaudin-Ball from Raymond James sits down with Adam & Matt to reveal his comprehensive wealth-building playbook for Vancouverites. From maximizing the new $40,000 First Home Savings Account to leveraging RESPs for both education and property purchases, Adam breaks down the government programs and investment strategies that most people miss. He shares real client stories - including a blue-collar worker who saved $380,000 by age 29 - while explaining why diversification between real estate and stocks matters more than ever. Why shouldn't interest rates dictate which debt you...
VREP #495 | Kelowna Real Estate is On Sale: The 20% Developer Discount & What it Means with Colin Krieg & Luke Turri
After three years of adjustment, where does Kelowna real estate stand today? Realtor Colin Krieg and Mission Group President Luke Turri sit down with Adam & Matt to provide an assessment of both the resale and presale markets in a city that's shifted from 98% of listings selling at peak to just 10% today. Colin pulls no punches about a market he's never seen before, while Luke reveals Mission Group's bold upcoming one-day sale offering lakefront homes at a 20% discount across the board. The conversations reveal which price points still generate competition and why developers are pivoting from traditional presale models to...
VREP #494 | Why Vancouver's Housing Policies Are Destroying Real Estate Value With Andrey Pavlov
Vancouver's housing market is in worse shape today than five years ago. Not because of Trump or the economy or market cycles, but because of misguided policies that have fundamentally undermined property rights and destroyed real estate value. SFU Finance professor Andrey Pavlov sits down with Adam & Matt to deliver his unflinching analysis of BC's housing crisis, revealing how measures like speculation taxes and rent controls have backfired spectacularly. From Canada’s shocking 22nd-place global ranking in GDP per capita to the hidden dangers of converting condos to rentals, this conversation challenges every assumption about what's really broken in Va...