33. "The Good, the Bad and the Pending". Vancouver Real Estate at Halftime...

Jeff and Andrew discuss a mid-year 2026 market review, noting the first half of 2026 was a confidence and activity recovery rather than a price recovery: sales improved, active listings declined, and months of supply improved from eight to seven, but the benchmark price remains about 6% below last year. They emphasize that different sub-markets behave differently and that well-priced, well-presented, move-in-ready family homes are seeing the most demand, while condos remain the weakest due to higher carrying costs, falling rents, and substantial “shadow” inventory. They see opportunities for move-up buyers due to price compression and advise sellers to price to current market conditions. They also preview a future episode on Vancouver “villages” zoning changes affecting about 39,000 households. Stats can be accessed at www.vancouvermarketreport.ca. 00:25 Mid Year Market Pulse 01:08 Sales Up Prices Lag 02:18 Months Supply Explained 04:01 Micro Markets Matter 05:20 Pricing Sweet Spot 08:30 Buyer Confidence Returns 10:27 Investors Timing Signals 12:37 Rent Math Gets Tough 13:45 What Sells Now 15:26 Buyer Opportunities Trade Up 17:04 Turnkey Versus Renovation 18:24 Value Add Renovation Play 20:19 Renovation Costs Surge 20:42 Detached Homes Lead 22:27 Move Up Buyers Return 23:10 Condos Shadow Inventory 24:26 Duplex Boom Inventory 25:21 Summer Market Outlook 27:16 Sellers Pull Listings 29:47 Where Bidding Wars Happen 33:18 Move Up Math Differential 34:54 Comfortable Buyer Market 36:26 Villages Zoning Next 37:29 Wrap Up And Goodbye