When Vancouver’s presale market is strong, developers often have little difficulty attracting buyers. Projects may achieve strong sales shortly after launch, incentives are limited, and buyers sometimes feel pressure to make decisions quickly. When market conditions become more cautious, however, developers often face a different challenge. Construction financing requirements, sales targets, carrying costs, and project…
If you follow Vancouver’s presale market closely, you may have noticed that not all projects perform the same way. Some projects generate significant buyer interest shortly after launch. Sales centres are busy, inventory moves quickly, and buyers worry about missing opportunities. Other projects, despite attractive renderings and modern amenities, experience slower sales and remain available…
If you are thinking about buying a Vancouver presale condo, one of the most important decisions you will make is not just which project to buy, but who you have advising you before you commit. Many buyers begin with the project itself. They look at the display suite, the floor plans, the incentives, and the…
Presale assignments can present meaningful opportunities for both buyers and sellers. However, they are also more complex than many people expect. Unlike a standard resale transaction, an assignment involves the transfer of a purchase contract rather than a completed property. This distinction introduces additional legal, financial, and practical considerations that should be understood before proceeding….
Buying a presale condo is very different from buying resale. The right Realtor should do more than open the door to a project. They should help you evaluate pricing, developer reputation, floor plans, assignment terms, and long-term fit. I have shared some of the key things I believe buyers should look for before committing to a Vancouver presale condo.
Over the past year, many condo buyers and presale purchasers have felt stuck in the same uncomfortable place: higher borrowing costs, softer resale conditions in certain segments, and a lot more uncertainty about pricing. That is why I pay close attention to what happens at the margins of the market—especially when sophisticated buyers start moving again. A…