VREP #507 | Vancouver Real Estate's New Normal Is Here and Could Last Years with Andrew Lis

The spring market many buyers and sellers have been waiting for may not be coming - at least not in the way Vancouver has historically thought of it. GVR Chief Economist Andrew Lis sits down with Adam & Matt this week to unpack why 2026 is shaping up to look remarkably like 2025 & why what feels like a slow market today may simply be the new normal. From the near-collapse of investor demand and a historic vacancy rate spike to a shadow inventory of unsold condos, a slowdown in immigration, and a demographic shift decades in the making, Andrew maps the structural forces quietly reshaping this market. How long before inventory gets chewed through and prices stabilize? Has the investment thesis in Vancouver fundamentally broken down? And is the red-hot market this city grew up expecting actually gone for good? This conversation will change how you think of our market!