Surviving the Downtown Vancouver Condo Meltdown 

In this video, Vancouver realtor Jay Coupar dives into the pulse of the downtown condo market - including markets like Yaletown, Coal Harbour, and False Creek Olympic Village.
While others are fixated on dropping asking prices, Jay shines a light on where these reductions are actually happening: predominantly in the high-end, luxury presale condos that were once touted at eye-watering prices exceeding $2000 per square foot. In Jay's view, those figures were sky-high from the get-go, especially when you factor in the 5% GST due at closing.
But hold on! According to Jay, this doesn't tell the whole story of Vancouver's condo scene. He argues passionately that the broader market is far from faltering. In fact, for properties of exceptional quality and correctly priced, he insists we're still navigating a fairly balanced market.
Jay also talks about some more accessible markets, like Burnaby, Coquitlam, New Westminster, and Surrey all offering incredible value for first time buyers and investors.