VREP #378 | Will Canadian Real Estate Prices Drop in the Second Half of 2023? With Royal LePage President Phil Soper

Market forecasting is hard but some analysts seem to consistently get it right. Meet Phil Soper, President and CEO of Royal LePage. Phil and his team have consistently put out regional and national market reports that provide useful analysis you can trust.

This week, Phil sits down with Matt & Adam to discuss the current state of the market, interest rates, inventory, and what home prices will do in the last half of 2023 and beyond. Will the Bank of Canada rate increases stifle demand? How will record immigration numbers impact the housing market? And where does Phil see buying opportunities in British Columbia and the rest of Canada?

This is a deep dive on Canadian real estate with an emphasis on the Vancouver market. Buckle up!