Table of Contents
Episode 460
Listen On: Apple Podcasts | Spotify
What happens when 15,000 active listings meet only 2,000 quarterly sales? Former Urban Analytics co-owner and current Zonda Urban VP Jon Bennest sits down with Adam & Matt to reveal why half of Metro Vancouver’s pre-sale inventory could up and vanish from the market in the next two years.
Drawing on exclusive market data and 20 years of industry expertise, Jon explains the dramatic implications of the shift from investor-driven to end-user markets where many projects struggle to reach even 30% sold. From standing inventory opportunities to the challenges facing major developments, this insider conversation reveals exactly where the opportunities and pitfalls lie for buyers navigating today’s uncertain market. What exactly defines the “Goldilocks Zone” where certain projects are still selling briskly? How many interest rate cuts will finally “bring the market back”? And what counterintuitive investment strategy does Jon favour that contradicts conventional wisdom about chasing hot neighborhoods?
Don’t miss this essential market intelligence from one of the industry’s most respected data analysts.
Guest Information
Jon Bennest
Jon Bennest is the VP Product Development at Zonda Urban. His primary skill sets include providing real estate advisory services and strategic development advice based on extensive market knowledge and experience. This experience comes from in-depth analysis of well over 2,000 multi-family residential development projects in Metro Vancouver throughout the tenure of my career. In addition to drawing from personal experience, much of staying current with trends in the market involves networking with stakeholders in the local development industry.
Episode Summary
Unlock BC Real Estate – Access SOLD PRICES and In-Depth Market Insights Now!
Episode Host
Adam Scalena
Adam is a full-service realtor, specializing in Vancouver’s best areas. His systematic approach to real estate and dedication to his clients has consistently placed him within the top 10% of realtors operating within Greater Vancouver.
Matt Scalena
Matt is real estate obsessed and considers himself a lifelong student of the Vancouver real estate market. As a co-manager of the Scalena Real Estate team, Matt prides himself on expertly advising buyers and sellers on all aspects of the fast-paced, dynamic Vancouver real estate market. He is present at every stage of the process, from that first phone call or email right through to when keys are exchanged between sellers and buyers.
Sponsors
