The shock and awe of the jumbo interest rate hikes seems to have subsided and some industry people are even seeing an uptick in the market. But what does this mean for the balance of 2022 and 2023? Will prices continue to soften or will low inventory and rising construction costs keep prices stable and the market balanced? Zack Ross, President of Cape Group, sits down with Matt & Adam to answer these questions and the current state of the market, where the investment opportunities lie, and the various headwinds currently facing the development community. Listen up!
Chief Economist at Alberta Central, Charles St-Arnaud, joins Adam & Matt this week to talk about ongoing potential risks for the Vancouver real estate market, the Canadian real estate market & the Canadian economy more generally.
This week, Cory and Adam welcome Patrick Wood from William Wright's Victoria office (and the company's unofficial in-house economist) to tell us how to interpret this quick start to the year, what his picks are for best investment markets in 2023.