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The Closing Couch: Vancouver Real Estate Life

Polly Reitze, Kim Taylor, Stories and Strategies

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The Closing Couch isn't just about closing deals; it's about opening doors to healthier, happier living through informed and mindful real estate choices. Hosted by Polly Reitze and Kim Taylor, two seasoned realtors with a wealth of experience in navigating the tumultuous waters of the Vancouver real estate market, The Closing Couch offers a refreshing take on what it means to buy, sell, invest, and own property in one of Canada's most dynamic cities. They understand that engaging with real e ...
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BIV Today

Business In Vancouver

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British Columbia's only daily news show focused on business, brought to you by Business in Vancouver newspaper and biv.com. Join hosts editor-in-chief Kirk LaPointe as well as reporters Tyler Orton and Hayley Woodin as they interview Canada's business and political leaders about the pressing issues facing British Columbian businesses and industries today. Join them as they discuss real estate, technology, the resource industries and local and provincial politics.
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Realtor Safety and Self Defence is a bold podcast hosted by the dynamic husband and wife team of Rob and Beth Andress. As the founders and operators of Street Safe Self Defence, they bring a wealth of violence prevention knowledge and experience to the table. Rob has over 3 decades of experience as a real estate professional and understands the risks you face every day in your industry. Together, Rob and Beth have changed the way real estate professionals do their jobs and helped thousands o ...
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Ray Walia, CEO of Launch.VC, interviews entrepreneurs in our network and dives deep into each founder's journey. Each interview is unique. They discuss topics that range from the hardships they've overcome, lessons learned, rewards, and what it takes to be an entrepreneur. Whether you are starting your first startup or are launching your 10th business, this podcast is for you!
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The Vancouver real estate market has largely held strong in 2024, with prices rising for the first five months. However, a significant downturn appears to be building. High interest rates for two years, a ten-year low in sales volumes, and a spike in consumer and business insolvencies are all pointing to a decline in real estate prices. The June nu…
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Welcome to another episode of Mastery Fractional CFO's Punchy Podcast, where we dive into the journeys of diverse business owners and explore the challenges and triumphs of their enterprises. In this episode, we were joined by David Peters, founder and CEO of ConstructionClock, who shared his story and the interesting approach he takes as the owner…
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In this engaging and informative video, Dan and Ryan from the Vancouver Life Real Estate Group welcome back Bill Laidler, a multifamily developer with over 500 doors under construction, to discuss the transformative Small Scale Multi-Unit Housing Initiative, also known as the Multiplex Plan. Bill, a pioneer in this initiative, shares his extensive …
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Welcome to another episode of Mastery Fractional CFO's Punchy Podcast, where we dive into the journeys of diverse business owners and explore the challenges and triumphs of their enterprises. In this episode, we were joined by Steve Wittal, President of Navisant, who shared his journey and the unique approach he takes as a fractional sales leader a…
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In this episode, we dive into a whirlwind week in the real estate landscape, packed with highs and lows that are enough to make your head spin. Canadians hit a new all-time high in household net worth, while mortgage originations reached record lows. Inflation rose, inventory spiked, and yet housing affordability somehow improved, all amidst rising…
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In this episode, we delve into the upcoming small-scale multi-unit housing initiative in British Columbia, which automatically rezones single-family lots to allow for multiple units to be built on them. This new policy, set to take effect next month, is sparking interest among both homeowners and investors looking to capitalize on the potential new…
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Send us a Text Message. Get ready to rethink your mortgage strategy. In this episode, Kim and Polly are joined by Monique Cornish, a mortgage broker affectionately known as "Magical Monique”, exploring how recent rate hikes have dramatically shifted the home buying landscape, slashing purchasing power and reshaping financial strategies. With 19 yea…
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Weak GDP growth has been a critical factor influencing the Bank of Canada's decision to cut rates recently, with further cuts likely in 2024. In Q1 2023, GDP growth fell short of expectations at 1.7% compared to the forecasted 2.3%. Additionally, Q4 2022 GDP was revised down to flat, indicating zero growth for the latter half of 2023. On a per capi…
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Welcome to another episode of Mastery Fractional CFO's Punchy Podcast, where we dive into the journeys of diverse business owners and explore the challenges and triumphs of their enterprises. In this episode, we were joined by Troy & Tyler Eggie, founders of String Bean Comics, who shared their journey and the unique approach their company takes as…
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Welcome to another episode of Mastery Fractional CFO's Punchy Podcast, where we dive into the journeys of diverse business owners and explore the challenges and triumphs of their enterprises. In this episode, we were joined by Mitch Beaudry, Owner of MB Massage Therapy, who shared his insights as a owner of a massage therapy company that focuses on…
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Welcome to another episode of Mastery Fractional CFO's Punchy Podcast, where we dive into the journeys of diverse business owners and explore the challenges and triumphs of their enterprises. In this episode, we were joined by Dave Bunce, Director of Partnerships at interVal, who shared his journey from public accounting to running a successful mar…
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The Bank of Canada's recent rate cut has been a significant event, widely appreciated by businesses and mortgage holders. This cut was expected by many who hoped for relief amid economic stress. While rate cuts generally indicate a weakening economy, they are crucial for easing monetary policy to support businesses and individuals. The Bank of Cana…
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Send us a Text Message. How could the new tax laws impact your real estate investments? Join Kim and Polly as they sit down with real estate guru Jeff Fitzpatrick, who breaks down the latest in capital gains tax changes, federal and provincial flipping taxes, and their potential impact on Vancouver's real estate market. Listen For: 01:24 - Capital …
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Welcome to another episode of Mastery Fractional CFO's Punchy Podcast, where we dive into the journeys of diverse business owners and explore the challenges and triumphs of their enterprises. In this episode, we were joined by Jonathan Ames, founder of Jonathan Ames Vancouver Real Estate and partner at Lightwell Developments, who shared his journey…
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Canada's population has surpassed 41 million, growing at a rate of approximately 4,000 people per day, equating to nearly 1.5 million per year according to StatCan's real-time tracker. This indicates a significant increase, with 480,000 people added in the past two months alone. If this growth rate persists, it will surpass the federal government’s…
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Inflation has decreased to 2.7% this month, down from 2.9% the previous month. This marks the lowest inflation rate in over three years, specifically since March 2021. At that time, the overnight interest rate was 0.25%. Despite this improvement, shelter costs continue to drive inflation, with increases at 6.4%, up from 4.9% last year. Mortgage int…
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Welcome to another episode of Mastery Fractional CFO's Punchy Podcast, where we dive into the journeys of diverse business owners and explore the challenges and triumphs of their enterprises. In this episode, we were joined by Lionel Johnston, founder of Farmers Marketing, who shared his journey and the unique approach his company takes as a fracti…
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Send us a Text Message. Welcome to The Closing Couch. Real estate veterans Kim Taylor and Polly Reitze kick off their debut episode with infectious enthusiasm and a wealth of insider insights. They share their individual journeys into real estate, recounting early career challenges, memorable deals, and the joys of working with friends. Their camar…
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Despite growing concerns about Canada's economy, including a meager increase in GDP and dwindling consumer confidence, the Bank of Canada (BOC) has yet to implement a rate cut. The lack-luster GDP rise of 0.2% in February fell short of the projected 0.4%, with early data for March indicating stagnation. As a result, Q1 GDP growth is expected to rea…
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In our discussion with the number 1 mortgage specialist across the country for the Bank of Montreal, we're diving into the heart of the economic landscape, starting with the elephant in the room: interest rates. We discuss the divergence in policy between the US and Canada how it sets the stage for a nuanced debate on balancing growth and while com…
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In April 2024, the Vancouver real estate market experienced an unprecedented surge in inventory, reaching its highest point in four years. This surge was particularly notable given the market's recent trends and economic uncertainties. The sudden influx of properties for sale had significant implications for both buyers and sellers, prompting a re-…
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NOVIPRO Group recently released the 8th edition of its IT Trends Report, which surveyed Canadian businesses about their IT needs, concerns and plans. Guest Steve Small, director of sales with Blair Technology Solutions Inc., joins BIV editor-in-chief Hayley Woodin Hastings for a discussion about the state of Canadian business IT infrastructure, cyb…
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The recent developments in the Canadian housing market paint a daunting picture, especially in light of the ambitious promises made in Budget 2024. The government's pledge to construct an additional 2 million homes over the next 7 years appears increasingly improbable when examined against the current realities across various industries. Consider h…
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The Consumer Price Index (CPI) for March revealed a 2.9% year-on-year increase, slightly up from February's 2.8%, primarily driven by surging gasoline prices. However, the report unveiled a concerning trend in the Bank of Canada's preferred measures of core inflation. Both CPI median and CPI trim not only declined on a 12-month basis but also fell …
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In a landscape of economic uncertainty and shifting market expectations, the Bank of Canada's decision to maintain its overnight rate at 5% on Wednesday marks the sixth consecutive hold. This is solidifying a rate that has remained unchanged since July, now spanning nine months. With the next announcement slated for June 5th, Canadians are hoping t…
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In March 2024, the Canadian housing market experienced another notable increase in home prices, particularly in the condominium segment, which reached a new all-time high. This surge in prices reflects ongoing trends in the housing market, characterized by persistent demand and limited supply. The condominium market's resilience, despite broader ec…
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The recent announcement by the Immigration Minister to cap growth targets in Canada underscores the profound impact of immigration on the nation's demographic landscape. Over the past two years, Canada has experienced significant population growth, largely attributed to the influx of temporary workers and foreign students, which has exerted immense…
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This week's economic and real estate roundup unveils a surprising twist in inflation rates, dipping to 2.8% from the previous month's 2.9%, and landing well below the anticipated 3.1%. This unexpected shift marks a pivotal moment, with grocery prices rising a modest 2.4%—the smallest increment since July 2021, signaling a potential easing of living…
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Send us a Text Message. Introducing... THE CLOSING COUCH! Vancouver Real Estate Life. The Closing Couch isn't just about closing deals; it's about opening doors to healthier, happier living through informed and mindful real estate choices. Hosted by Polly Reitze and Kim Taylor, two seasoned realtors with a wealth of experience in navigating the tum…
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Today's episode is a little different as we decided to take opposing views of the current economic landscape and we discussed both the positive and the negative elements that are currently affecting the real estate market in Canada. We touch on 5 broad subjects and dive into the current economic climate that has presented a world of challenges incl…
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In this episode, we unpack the latest developments in Vancouver's real estate market and the broader economic landscape. Home prices in Vancouver have experienced an unexpected surge, breaking a six-month downward trend. Despite this, the Bank of Canada (BOC) has maintained its interest rates at 5%, leading to alarming trends such as increased mort…
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A recent, significant fire test series has produced key insights on the fire safety and resilience of mass timber buildings. On this episode, WoodWorks BC's executive director Shawn Keyes, a licensed structural engineer who has pioneered timber projects across Canada, discusses the Mass Timber Demonstration Fire Test Program, and why it matters. Th…
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The latest episode of the Vancouver Life Podcast provides an analytical overview of the pressing issues affecting the Vancouver real estate market. The episode covers a wide array of topics, including the anticipation of interest rate cuts, the introduction of a new flipping tax, the dramatic decrease in building permits, and the numerous obstacles…
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In this comprehensive economic update, we delve into the key factors shaping Canada's financial landscape. Join us as we explore the recent developments in inflation, corporate bankruptcies, the rental market, sentiment, and mortgages, providing you with a nuanced understanding of the current economic climate. Canada's annual inflation rate unexpec…
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In this episode of the Vancouver Life Podcast we dive into the innovative realm of real estate investment with our guest, Jonathan Fireman. Jonathan shares his vision behind Investium, a platform aimed at democratizing real estate investments by facilitating collective property purchases. This approach aims to make real estate investment more inclu…
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In the insightful episode of the Vancouver Life Podcast we tackle the groundbreaking rezoning legislation poised to reshape the British Columbia real estate landscape. This legislation, referred to as the Plex Plan, is described as the single largest rezoning initiative in the province's history, impacting hundreds of thousands of properties and ai…
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In January, the real estate market exhibited notable trends, providing insights into the trajectory of 2024. Total sales reached 1,427, marking a 39% increase from January 2023 and a 7% rise from December. However, this figure fell 20% below the 10-year seasonal average, signaling a slow start akin to the latter half of 2023. New listings surged to…
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According to a new white paper from the newly launched adMare Institute, Canada's life sciences sector has no anchor companies. adMare BioInnovations president and CEO Gordon McCauley discusses what that means and why it matters with BIV editor-in-chief Hayley Woodin Hastings. This podcast episode is sponsored by adMare BioInnovations. See omnystud…
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In today’s episode, we're diving deep into the world of economics and financial forecasting with none other than Doug Porter, a luminary with over three decades of experience in analyzing global economies and financial markets. As the Chief Economist at BMO Financial Group and the mastermind behind the influential publication 'Talking Points', Doug…
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In this insightful episode we engage in an in-depth discussion about the complexities and challenges of the Vancouver real estate rental market. The episode features a compelling narrative from Jeannie Ball, a landlord who recounts her tumultuous journey dealing with a rental property. This journey, fraught with challenges, leads her from confronta…
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Join us on this episode as we dive into an insightful discussion with Patrick Francey, CEO of the Real Estate Investment Network (REIN), renowned Canadian real estate investor, business owner, educator, and coach. With over 40 years of experience, Patrick is a luminary in real estate investment education and personal and professional development. H…
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In this exclusive interview, we delve into the wealth of experience and expertise of Kyle Green, a renowned mortgage broker and investment property specialist. Since 2006, Kyle has been a pivotal figure in the real estate finance sector, especially known for his work with the Real Estate Action Group and numerous other investors. His accomplishment…
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Over the past two years, Canada has witnessed an unprecedented surge in its population which has recently garnished a lot of attention due to its significant consequences on various aspects in the country. This surge has been fueled by headlines surrounding escalating home prices and rising rents, leading to a further exploration of its implication…
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The real estate market in 2024 has seen a surge in activity since January 1st marked by increased optimism not witnessed in almost a year. In this episode we look at several factors that are contributing to this shift, with a primary focus on the Bank of Canada's anticipated actions, fixed mortgage rates, Toronto's unique market dynamics, the renta…
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In this episode Rob and Beth discuss the issue of "creepers" or low-level sexual predators in the real estate industry. They highlight the importance of setting boundaries and not tolerating inappropriate behaviour, even if it might risk losing a potential client. They recommend the book "Creepology: Self-Defence for Your Social Life" by Anna Balda…
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In our first episode of 2024, we dive into the December stats to wrap up 2023 and present our predictions for the year ahead. This podcast episode covers two exciting topics: the year-end Vancouver Housing statistics and our predictions for 2024, focusing on economic drivers and real estate trends. Starting with the December stats, noting that tota…
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In our latest episode, we ventured back in time to the start of 2023 to review the predications we made about how Real Estate in 2023 would unfold. Beginning with Marco economic drivers, global trends and then backing down into the local economic real estate market. We made bold predictions and share insights on various economic fronts some with gr…
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In Canada, the third-quarter population growth has reached historic levels, with a quarterly increase of 431,000 people! This marks a 1.1% growth rate, the highest since 1957. The annual growth rate is 1.25 million people, or 3.2%! However, this growth contrasts with a 22% decrease in housing starts from the previous year, posing a significant chal…
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In this episode Rob and Beth discuss the concept of a "process predator" in the real estate industry, based on an article by Lee Goldstein and Dave Ledger. A process predator is an individual who learns from contacting multiple realtors, becoming more familiar with their routines and language, and developing a process to attack them. These predator…
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The Federal Reserve's recent decision to maintain interest rates during their final meeting of the year has ignited discussions in financial circles. While the decision itself was expected, the surprise came with the central bankers' projections for 2024. The Fed now anticipates a total of 75 basis points in rate cuts next year, indicating a depart…
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