Vancouver real estate market – Page 3 – MARKETING IN MINUTES VLOG

Inflation hit a 40 year high this week reaching 7.7%, with food and fuel driving the gains. Mortgage rates continue their northern ascent with fixed rates at or above 5%, and variable expected to rise to the realm of 4.5%. Mortgage payments on your typical Canadian home are up $1,000 per month, or 60% in just 9 months. Yet the Bank of Canada is set to raise rates at the July 13th announcement with 90% of Economists predicting a 0.75% increase. This will affect housing deeply with prices and sales already falling fast.National homes sales are down 25% from last year and HPI prices ticked down for the second month in a row – not seen since 2019.Meanwhile, job vacancies in Canada surpassed 1,000,000 – and Permanent Residencies were handed out to 64% more people than last year to date.CMHC stated that 5.8 million homes are needed by 2030 just to start bringing prices down, while the actual is predicted to be closer to 1.5 million – meanwhile the Canadian Government is looking to put 3.6 million new people into the country over the same timeframe.So while the focus is all on inflation right now, when the cycle turns back up, the housing shortage issue will be there ready and waiting._________________________________ 🏡 Visit our website to see active listings and valuable Real Estate information 🏡 → The Vancouver Life: https://bit.ly/3yN25V7🏦 Investors 🏦 Join our Investors Group with over 6,000 Members→ Facebook Group for Investors: https://bit.ly/3CQ7hu3 💥 Follow us on Social Media 💥 → Instagram: https://bit.ly/3jSkRo1→ Facebook: https://bit.ly/3g05bxK→ Twitter: https://bit.ly/3xMGFpZ_________________________________ The Vancouver Life Real Estate Group are licensed Real Estate Agents at eXp Realty Vancouver / eXp Realty Canada:🏆 Top 3% Agents 2019, 2020, 2021🏆 Medallion Club Members 2019, 2020, 2021🏆 Over $250,000,000 in saleswww.thevancouverlife.com_________________________________ 👩🏼‍💼 Are You A Real Estate Agent? 👨🏼‍💼Book a 1-on-1 with us to learn how we help agents DOUBLE their business → https://bit.ly/level10agentThis is what is offered, FREE🆓 Google Ads coaching or discounted management🆓 Sim’s Coaching Systems 3+ coaching calls every week🆓 YouTube, social media & online lead generation coaching🆓 Access to an online lead generation program🆓 Access to online lead conversion program🆓 1-Page business plan created with you by SIMS Coaching team🆓 90-day Sims Coaching new agent training program🆓 Your Assistants trained & hired with SIMS assistant team🆓 Your Inside Sales Agents trained & hired with SIMS powerhouse ISA team🆓 Access to our private Facebook mastermind Group🆓 Access to 1-1 when you need us for support🆓 Access to kvCORE, 40+ weekly training calls, stock, revenue share and more…👉 Learn more at https://bit.ly/level10agent_________________________________

Vince Taylor is our guest on this episode and he brings with him an immense amount of knowledge, and experience, in the real estate market. Having seen 5 major market cycles in his life, and as someone who bought his first Vancouver home for $67,000, Vince provides an almost contradictory outlook on the market then what you will hear on the news. He gives his opinion on how prices will fall, and when and by how much they will rise after, he shares the key fundamentals that point to his predictions and shares where the true opportunities are in this type of market. For more information on Vince Taylor, President of Pilothouse Projects, please visit: https://pilothouseprojects.com/ _________________________________ 🏡 Visit our website to see active listings and valuable Real Estate information 🏡 → The Vancouver Life: https://bit.ly/3yN25V7🏦 Investors 🏦 Join our Investors Group with over 6,000 Members→ Facebook Group for Investors: https://bit.ly/3CQ7hu3 💥 Follow us on Social Media 💥 → Instagram: https://bit.ly/3jSkRo1→ Facebook: https://bit.ly/3g05bxK→ Twitter: https://bit.ly/3xMGFpZ_________________________________ The Vancouver Life Real Estate Group are licensed Real Estate Agents at eXp Realty Vancouver / eXp Realty Canada:🏆 Top 3% Agents 2019, 2020, 2021🏆 Medallion Club Members 2019, 2020, 2021🏆 Over $250,000,000 in saleswww.thevancouverlife.com_________________________________ 👩🏼‍💼 Are You A Real Estate Agent? 👨🏼‍💼Book a 1-on-1 with us to learn how we help agents DOUBLE their business → https://bit.ly/level10agentThis is what is offered, FREE🆓 Google Ads coaching or discounted management🆓 Sim’s Coaching Systems 3+ coaching calls every week🆓 YouTube, social media & online lead generation coaching🆓 Access to an online lead generation program🆓 Access to online lead conversion program🆓 1-Page business plan created with you by SIMS Coaching team🆓 90-day Sims Coaching new agent training program🆓 Your Assistants trained & hired with SIMS assistant team🆓 Your Inside Sales Agents trained & hired with SIMS powerhouse ISA team🆓 Access to our private Facebook mastermind Group🆓 Access to 1-1 when you need us for support🆓 Access to kvCORE, 40+ weekly training calls, stock, revenue share and more…👉 Learn more at https://bit.ly/level10agent_________________________________