Presale Panic: Inside Vancouver’s Imploding Condo Market

Vancouver’s condo market is reeling as presale buyers face steep losses, with completed units reselling for less than their launch prices. Analysts warn that the wave of cancellations, investor fatigue, and rising carrying costs has turned once-sure-thing presales into a cautionary tale of condo crisis and buyer pain. James and Denny dive into Vancouver’s condo crisis, spotlighting painful presale contracts and Brentwood towers now trading below their launch prices. This episode will focus on pre-sale condo pain, Vancouver and Toronto condo collapse, selling less than presale, buyers not qualifying for mortgages, many families not looking to live in condos, developers struggling and predictions for the future. Email us at [email protected] James Garbutt [email protected] Instagram:   / jamesgarbutt   Facebook:   / jamesgarbutt   Denny Dumas [email protected] Instagram:   / denny.dumas   Facebook:   / denny.dumas.5   Garbutt + Dumas Real Estate Instagram:   / gdrealestateteam   Facebook:   / gdrealestateteam   Website: http://www.garbuttdumas.ca Listen and Subscribe on Itunes: https://podcasts.apple.com/ca/podcast... Listen and Subscribe on Spotify: https://open.spotify.com/show/7JFln4t...