The Vancouver presale construction market has been red hot for years, but the times have changed. No longer can we expect tents pitched in front of display centres to hold places in line, buildings to be sold out during frenzied opening weekends, or double digit returns to be made seemingly overnight by lucky buyers. The long Vancouver presale party, it would seem, is over for now. But for how long? Why? And does less overall interest in preconstruction spell a big opportunity for you? Ryan Lalonde, the President of Western Canada’s largest real estate marketing company, MLA Canada, sits down with Adam & Matt to discuss the current state of the presale market, the interplay between the presale and resale market, and where the opportunities are moving forward. Not to be missed!
Kevin Skipworth, Owner and Managing Broker at Dexter Realty, sits down with Matt & Adam in Kokomo Studios to discuss how these factors are playing out on the ground and what this means for real estate in the Lower Mainland at large.
Ben Smith has been involved in Vancouver real estate in one capacity or another for decades. He previously has worked with some of the region’s major developers & more recently went national to become the President of Avesdo.
LandlordBC CEO David Hutniak sits down this week with Adam & Matt to go over the policy changes in detail and spell out some of the major implications.