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Housing at a Crossroads: What’s Driving Canada’s Real Estate Market?

In this episode, host Ethan Astaneh, Wealth Advisor | Client Relationship Manager, sits down with Dan Wurtele and Ryan Dash of The Vancouver Life Real Estate Group for a data-driven look at the state of Canadian real estate.

By Ethan AstanehHead of Practice Management and Advisor Enablement
August 22, 2025|44 min listen
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InvestingAugust 22, 2025


Episode Summary

Canada’s housing market is at a crossroads, driven by record immigration, shifting interest rates, and mounting construction challenges. In this episode, host Ethan Astaneh, Wealth Advisor | Client Relationship Manager, sits down with Dan Wurtele and Ryan Dash of The Vancouver Life Real Estate Group for a data-driven look at the state of Canadian real estate.

Together, they unpack the demand story behind immigration, what interest rates and cap rates are signalling, and why investor sentiment remains cautious. The conversation also dives into stalled development projects, the rise of purpose-built rentals, and new opportunities emerging in multiplex housing, shedding light on what these shifts mean for homeowners, investors, and the next generation of buyers.

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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 Nicola Wealth 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. Nicola Wealth Management (Nicola Wealth) is registered as a Portfolio Manager, Exempt Market Dealer and Investment Fund Manager with the required securities commissions. 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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