Vancouver Real Estate Audio Experience

Welcome to the final episode of the year people. And this week we are doing a YEAR IN REVIEW from all of the fun topics that have been discussed in Vancouver Real Estate over the past 12 months. We always need to take some time and pull back to get real perspective in the ways of the market. We can commonly get tied into the little details very easily as they seem like big details often as they appear. If we take a step back from the 2023 year we really see how things have fully tightened around us here in the Vancouver market. As you can imagine, I mean by way of Government intervention yet again with no surprise.... They play with the market for political points and political financing often and 2023 was definitely no different. The Main points that have taken place this year are the following. 1) Interest Rates & Inflation 2) Zoning – blanket density (missing middle) 3) Transit Oriented density (TOD) 4) Air BnB tightening 5) Tax increases by developers 6) FHSA (first home savings account) 7) Market