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Jul 2
1h 9m

VREP #521 | The First Half of 2026 in a ...

Adam and Matt Scalena
About this episode

The numbers say the market is merely slow. Everyone living in it says something worse. BCREA Chief Economist Brendon Ogmundson sits down this week with Adam & Matt to break down a first half that somehow undercut an already historic low. From the string of supply shocks driving rates up, to move up buyers single-handedly propping up the market, to the province's $1.5 billion bid to scoop up thousands of unsold condos, this wide-ranging conversation gets to the heart of why the gloom won't lift & what finally turns it around. So what word does a chief economist reach for? Why are first time buyers disappearing just as affordability improves? And when does the malaise finally lift?

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