Ep. 555: Real Estate Reality

Guest: Ryan Berlin, rennie & associates

Metro Vancouver’s housing market is dramatically different that it was 12 months ago, when the provincial government stepped in to ensure affordable and ample housing. In a “Conversations Live” panel in March of 2025, Burnaby Mayor Mike Hurley indicated that it didn’t work. In fact, the housing market is now upside down.

What happened? Why is the market behaving this way? And what can we expect to come next? Perhaps central to understanding what is happening to the real estate market in Metro Vancouver is a sense of uncertainty – the ongoing trade uncertainty with the United States, the uncertainty associated with a new federal government, and uncertainty over the way in which provincial regulations are affecting the market.

Ryan Berlin of rennie & associates has been examining the broader forces at work in the market and why it is moving in such unexpected and uncertain ways. “The factors at work include the economy, interest rates, rising household credit, demographics, government immigration policy and a reformation of the construction sector,” says Berlin.

We invited Ryan Berlin to join us for a Conversation That Matters about the uncertainties and what rennie & associates has identified about the Metro Vancouver housing market.


 
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Ep. 554: Canada’s Anti-Success Mindset