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Canadian Residential Real Estate Outlook: Multiplexes, Mortgages & Market Shifts with The Vancouver Life

In this episode, Ethan, Ryan and Dan offer a timely and comprehensive overview of the Canadian residential real estate landscape.

By Ethan AstanehHead of Practice Management and Advisor Enablement
March 26, 2025|44 min listen
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InvestingMarch 27, 2025


Episode Summary

Host Ethan Astaneh speaks with Dan Wurtele and Ryan Dash, partners at The Vancouver Life Real Estate Group. Dan and Ryan lead a team of award-winning real estate advisors helping clients navigate the evolving Greater Vancouver market—and beyond.

In this episode, they offer a timely and comprehensive overview of the Canadian residential real estate landscape, from buyer, balanced, and seller market dynamics to the ripple effects of the mortgage maturity wall. They discuss how major cities like Vancouver, Toronto, Calgary, and Victoria are faring, and why condo markets in particular are facing headwinds. The conversation also explores Vancouver’s landmark multiplex rezoning changes and how they’re creating a new sub-asset class—and new opportunities—for homeowners, developers, and investors alike.

Dan and Ryan also share strategic advice for buyers navigating the presale market and offer perspective on what to expect as interest rates and economic uncertainty continue to shape activity in 2025.

Highlights 

2:20 – Are we in a buyers, sellers, or balanced market?

7:56 – Price dynamics in real estate markets across Canada

14:03 – Spring market forecast

20:41 – Mortgage renewal situation in Canada

28:07 – Bill 44 multiplex rezoning

35:33 – Thoughts on the pre-sale marketplace

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About The Vancouver Life

Episode Featured on:

The Wealth Exchange

The Wealth Exchange podcast provides insight, innovation, and access to the experts on a wide range of topics affecting affluent families across Canada. Join our team of hosts as they sit down with leaders and changemakers from around the globe to discuss investing, leadership, philanthropy, entrepreneurship, and more.

Ethan Astaneh
Head of Practice Management and Advisor Enablement
Client Relationship Manager

Dan Wurtele

Real Estate Agent

A top 2% agent and Medallion Award Winner for 2019, 2020 & 2021, as well as Oakwyn Realty’s ‘Break Out Agent’ for 2019, Dan Wurtele is an owner, investor and Realtor that has experienced all sides of Real Estate and thrives on combining market knowledge, investment know-how, innovative marketing and exceptional client experience to deliver on each of your goals.

Specializing in residential properties, Dan dedicates his services to first time homebuyers, families looking to scale up or down, sophisticated investors and people wanting to work with a comprehensive, results-oriented Realtor.

As an Accredited Real Estate Investment Advisor (REIA) Dan takes pride in helping people achieve their financial goals by matching them with cash-flowing investment properties that obtain the desired results.

Ryan Dash

Real Estate Agent

Born and raised in Vancouver, Ryan has strong roots and exceptional knowledge of the city and its surrounding neighborhoods. Ryan is also an award-winning Real Estate professional, winning Oakwyn Realty’s 2018 Break Out Agent of the year. Spending nearly a decade as a senior construction & development project manager before becoming a Realtor, Ryan brings a wealth of real estate experience to the table. He understands quality home building, the power of the right investment and the value of long-term relationships. Ryan and his family are proud homeowners and live in the heart of Vancouver’s beloved False Creek neighborhood.

Disclaimer

This presentation contains the current opinions of the presenter and such opinions are subject to change without notice. This material is distributed for informational purposes only and is not intended to provide legal, accounting, tax or specific investment advice. Please speak to your NWM advisor regarding your unique situation. Forecasts, estimates, and certain information contained herein are based upon proprietary research and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. NWM Fund returns are quoted net of fund-level expenses. Past performance is not indicative of future results. All investments contain risk and may gain or lose value. Projected returns are estimates only. Returns are not guaranteed. NWM is registered as a Portfolio Manager, Exempt Market Dealer and Investment Fund Manager with the required provincial securities’ commissions in Canada. Any mention of third-party products, services, or organizations on the podcast is for informational purposes only and does not constitute an endorsement or recommendation.


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