VREP #521 | The First Half of 2026 in a Word with Brendon Ogmundson
About this episode
Brendon Ogmundson discusses the challenges facing the real estate market in the first half of 2026 with Adam and Matt Scalena.
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?
People in this episode
Hosts: Adam Scalena, Matt Scalena
Guest: Brendon Ogmundson
Topics covered
- real estate market
- economic analysis
- affordability
- supply shocks
- first time buyers
- market trends
Mentioned in this episode
Organizations: BCREA
Places: British Columbia
More episodes of Vancouver Real Estate Podcast
- VREP #522 | Toronto and Vancouver Are Telling the Exact Same Story Right Now with Tom Storey
- VREP #520 | Vancouver's Commercial Real Estate Reset with Cory Wright
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