DiscoverOz Buzz PodcastNo matter how you slice it - it is a sales crash!
No matter how you slice it - it is a sales crash!

No matter how you slice it - it is a sales crash!

Update: 2025-03-07
Share

Description

Over the past five years, the sales in real estate markets in Vancouver and the Fraser Valley have experienced significant downturns, with sales figures literally crashing.

Vancouver (Single-Family Homes):
February 28, 2020 – February 28, 2021: 13,807 sales
February 28, 2024 – February 28, 2025: 7,469 sales
This represents a decline of approximately 46%. Over 50% in FV

February 2025 Year-over-Year Changes:
Single-Family Home Sales:
Vancouver: Decreased by 15%
Fraser Valley: Decreased by 33%

Condominium Sales:
Vancouver: Decreased by 11%
Fraser Valley: Decreased by 34%

Active Condominium Listings:
Vancouver: Increased by 33%
Fraser Valley: Increased by 52%

These statistics highlight the challenges faced by the real estate markets in both regions over the past five years, with significant declines in sales and substantial increases in active listings, particularly in the condominium sector. What outcome?

Host:
About Ozzie Jurock:
Author of best-selling books like Forget About Location, Location, Location and Real Estate Action.
Featured in Donald Trump's real estate book and called a Real Estate Guru by Peter C. Newman in Titans.
Past President of Royal LePage (Res.) and Chairman of NRS Block Bros, with experience managing real estate companies across Canada, the U.S., and Asia.
Speaker Extraordinaire, delivering over 80 motivational speeches annually and hosting investor outlook conferences that attract 700 plus attendees.
Ozzie is passionate about helping people achieve their best financial futures and creating environments for growth. When he's not talking real estate, you might find him skiing, boating, or wrestling with his golf game (spoiler: golf usually wins).
Explore More:
Website: https://ozbuzz.ca for market insights and resources.
Books and Audiobooks: Real Estate in Canada and Real Estate Action 2.0.
Real Estate Action Group: Join the community at https://REAG.ca.
Stay Connected:
Facebook: / ozzie.jurock
Twitter: / 77ozzie
Instagram: / ozjurock
LinkedIn: / 77ozzie
YouTube: / jurockvideo
Comments 
In Channel
loading
00:00
00:00
x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

No matter how you slice it - it is a sales crash!

No matter how you slice it - it is a sales crash!

Ozzie Jurock