Buying a Vancouver condo is incredibly complicated.

Many buyers don’t realize that it’s much more complicated and fraught with pitfalls to buy a condo in Vancouver than a (potentially) much more expensive house in Vancouver.

This is the SECOND VIDEO in a series of videos I’ve made about the mistakes you’ll want to avoid when buying a Vancouver condo.

In my nearly 20 year career as a Vancouver realtor I’ve seen it all…and I’ve spent my career helping my clients avoid these (and other) mistakes so that they can make the best possible decisions when buying Vancouver condos.

If you are moving to Vancouver, or already living in Vancouver, then this is a video you won’t want to miss. After all, the likelihood is that if you are buying a home in Vancouver it won’t be a house!

Avoiding these mistakes when buying a Vancouver condo will save you time, energy and most importanly...MONEY!

Condos in Vancouver are a hot topic.

If you are considering buying real estate in Vancouver…whether it’s your first home, you are moving to Vancouver for the first time or buying as an investment…it’s more than likely going to be a condo.

(if not, be sure to check out my other videos about buying other types of property in Vancouver - https://www.youtube.com/playlist?list=PL9gRIaRTT0DStk3oqE_-C10zIlnSG4B1V)

And while the price point for condos might be lower than for detached houses, you are still looking at spending some very serious money…and you don’t want to make a mistake!

Over my career, I’ve seen and heard about countless mistakes when it comes to owning Vancouver condos. And so I made this video to help you avoid these mistakes, too!

I've packed this video full of critical information that's going to save you from making disastrous mistakes when buying a Vancouver condo and that will SAVE YOU MONEY!

This past month sales slipped and inventory levels continued to rise. It’s not unusual, that we see sales dip from May to June as the seasonally slower summer market takes hold. However, the dip this year was greater than normal…and overall inventory levels remain elevated (with prices remaining sticky to the upside).

Sales dropped to 739 (-11% month-to-month and -13.3% year-to-year). As mentioned above, this is a sharper decline in sales than is typical at this time of year ~8% has been the average decline over the last ten years)…and this is -18.2% below the 10-year average.

Meanwhile, New Listings also fell to 1,824 (-10.5% m-to-m and +6.7% y-to-y) up +7.2% over the 10-year average. This resulted in Total Active Listings essentially remaining flat at 4433 (-0.6% m-to-m and +29.9% y-to-y) which was +23.9% over the 10-year average.

The Greater Vancouver Realtors pointed out that inventory levels throughout our region haven’t been this high since 2019. What they...

Tour of a Multi-Million Dollar Vancouver Mansion [Living in Vancouver]

Check out one of my latest listing in Vancouver!

This classic Vancouver character house is nearly 100 years old…and it shows. Very little has been updated since it was originally constructed. Yet, how much this house is worth may shock you.

In this video I tour you through all 3,500 sf of this house…and I’m going to let you guess how much it’s worth.

We’ll discuss why it’s so special and what lessons we can pull from this house about Vancouver’s real estate market.

If you already live in Vancouver or if you are thinking about moving to Vancouver then this video will be invaluable to you!

Purchasing a new construction home in Vancouver has been a popular option for decades. But the process of purchasing new construction is fraught with risk for potential buyers.

Most buyers are completely unaware of the dangers of buying new construction in Vancouver. That’s true of people moving to Vancouver as well as those already living in Vancouver.

In this video I detail the 10 dangers of buying a new construction home in Vancouver…whether it’s a presale condo, a new townhouse or a new construction house…this video is going to be invaluable to you if you are considering buying a new home in Vancouver.

The quick start to the year stalled a bit in March.

Sales rose to 709 which was up +13.6% from February but down -4.3% from a year ago. This was also a very significant -30% below the 10-year average.

While sales continue to increase month over month as we enter the busier spring market, they are trending down vs the 10-year average.

New Listings reached 1,576 which was +7.5% higher than February and +13.7% higher than a year ago. It was also down -6.9% from the 10-year average. Meanwhile, total active listings rose to 3,432 which was +15.5% over the 10-year average.

The result is that despite sales being behind where we normally are, supply of homes is dropping. That drop in supply is putting upward pressure on prices.

In fact, most market segments have shifted into a seller's market. The only segment still showing a degree of weakness are westside houses...but even there prices are rising.

Every category of home in Vancouver jumped up in price from February (most significantly East Vancouver...