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VREP #460 | The Great Presale Disappearing Act Reshaping Vancouver Real Estate with Jon Bennest

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Manage episode 471399936 series 1366275
Content provided by Adam and Matt Scalena and Matt Scalena. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Adam and Matt Scalena and Matt Scalena or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

What happens when 15,000 active listings meet only 2,000 quarterly sales? Former Urban Analytics co-owner and current Zonda Urban VP Jon Bennest sits down with Adam & Matt to reveal why half of Metro Vancouver's pre-sale inventory could up and vanish from the market in the next two years.

Drawing on exclusive market data and 20 years of industry expertise, Jon explains the dramatic implications of the shift from investor-driven to end-user markets where many projects struggle to reach even 30% sold. From standing inventory opportunities to the challenges facing major developments, this insider conversation reveals exactly where the opportunities and pitfalls lie for buyers navigating today's uncertain market. What exactly defines the "Goldilocks Zone" where certain projects are still selling briskly? How many interest rate cuts will finally "bring the market back"? And what counterintuitive investment strategy does Jon favour that contradicts conventional wisdom about chasing hot neighborhoods?

Don't miss this essential market intelligence from one of the industry's most respected data analysts.

  continue reading

484 episodes

Artwork
iconShare
 
Manage episode 471399936 series 1366275
Content provided by Adam and Matt Scalena and Matt Scalena. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Adam and Matt Scalena and Matt Scalena or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

What happens when 15,000 active listings meet only 2,000 quarterly sales? Former Urban Analytics co-owner and current Zonda Urban VP Jon Bennest sits down with Adam & Matt to reveal why half of Metro Vancouver's pre-sale inventory could up and vanish from the market in the next two years.

Drawing on exclusive market data and 20 years of industry expertise, Jon explains the dramatic implications of the shift from investor-driven to end-user markets where many projects struggle to reach even 30% sold. From standing inventory opportunities to the challenges facing major developments, this insider conversation reveals exactly where the opportunities and pitfalls lie for buyers navigating today's uncertain market. What exactly defines the "Goldilocks Zone" where certain projects are still selling briskly? How many interest rate cuts will finally "bring the market back"? And what counterintuitive investment strategy does Jon favour that contradicts conventional wisdom about chasing hot neighborhoods?

Don't miss this essential market intelligence from one of the industry's most respected data analysts.

  continue reading

484 episodes

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