Steve Saretsky

Real Estate aficionado. Vancouver Realtor & investor. Host of The Loonie Hour podcast.

[Steve Saretsky @SteveSaretsky]

New condo sales in Metro Vancouver are tracking even lower than last year, like 50% lower. The pre-sale condo market is completely dead.

[Steve Saretsky @SteveSaretsky]

Residential mortgage credit growth remains anemic in Canada. Falling home prices and a stagnant economy means little demand for new mortgages.

[Steve Saretsky @SteveSaretsky]

@Lejlo1980 @iamkennethchan @PtFry @seanorr I’m not a developer, no.

[Steve Saretsky @SteveSaretsky]

Ok 24 units on a 7000sqft lot is bananas.

[Kenneth Chan @iamkennethchan]

This is Vancouver's very first proposal to build a low-rise, multi-unit residential building on a small single-family lot under the new single-staircase building rules.

A 6-storey, wood-frame building with 24 family-sized units. #vanre #vanpoli

https://t.co/9QQ9IwjDFf

[IceCap @IceCapGlobal]

In 2 weeks (and it will be 7 months late), Canada will release their budget. And it will likely show a balanced (OPERATING) budget.

The MSM, and propaganda machines will gaslight you into believing the magic.

Here's National Bank's accounting for the magic.

[Steve Saretsky @SteveSaretsky]

@AdrianoAldini @ronmortgageguy @DYLAN_NFL @wealthy_barber You can do better

[Kanwar Sierah, RCIC @KanwarSierah]

🚨 𝗦𝗼 𝗶𝘁 𝗕𝗲𝗴𝗶𝗻𝘀: Someone got quoted $𝟰𝟬,𝟬𝟬𝟬 𝗳𝗼𝗿 𝟳𝟬 𝗽𝗼𝗶𝗻𝘁𝘀 𝗝𝗼𝗯 𝗢𝗳𝗳𝗲𝗿 in a Trucking Company at a Manager Position (NOC: 70020) falling under 1.5 times category.

𝗖𝗼𝗻𝗴𝗿𝗮𝘁𝘂𝗹𝗮𝘁𝗶𝗼𝗻𝘀 👏 @LenaMetlegeDiab you have undone all our years of effort to restore integrity under Express Entry system.

[Steve Saretsky @SteveSaretsky]

Maybe we aren’t doomed after all 😂
@PtFry

[Steve Saretsky @SteveSaretsky]

@DYLAN_NFL @ronmortgageguy @wealthy_barber Many things to consider. The 3 year rate should be priced better than 5bps though.

[Steve Saretsky @SteveSaretsky]

Quite the headline.

[CTV News @CTVNews]

Around the world, far right blames immigrants for French protests https://t.co/yMIPCOYerC

[Steve Saretsky @SteveSaretsky]

Boomers don’t want your multiplexes

[Jas Johal @JasJohalBC]

One issue we dug into on our Global BC municipal election night panel was how much Bill 44 drove the anti-incumbency vote. Plenty of factors shaped each community, but I expect significant pushback on Bill 44 no matter who wins provincially on Saturday. #bcpoli #vanpoli

[Richard Dias @RichardDias_CFA]

The Bank of Canada's Three Preferred Measures of Core Inflation continue to trend lower.

[Steve Saretsky @SteveSaretsky]

@jan_ewilliams Good luck with your defund the police idea. Lunatic

[Steve Saretsky @SteveSaretsky]

Here’s the newly elected COPE party yelling about the “cruel austerity of capitalism”

“We didn’t start this class war but we’re going to own it.”

Sir, you’re a city councillor.

Pave the roads, pick up the trash and maintain the community centers.

It’s a sad day when city officials turn this into a platform to spew woke ideologies instead of focusing on delivering core services for the community.

[Paul Ratchford @P_Ratchford]

Vancouver just elected COPE’s Solomon Yi-Kieran, who decries the “cruel austerity of capitalism” and yells “we didn’t start this class war but we’re going to own it.”

Voters, is this what you signed up for?

[Steve Saretsky @SteveSaretsky]

Tough day for Eby. The entire media has turned against him

[Steve Saretsky @SteveSaretsky]

Something about greedy developers not cutting their prices…

[John Pasalis @JohnPasalis]

Corporations buying new condos in bulk paid an average of $763psf

A 40% discount from the original sale price

[Steve Saretsky @SteveSaretsky]

@RichardDias_CFA Uh oh 🥹

[Steve Saretsky @SteveSaretsky]

@RichardDias_CFA 😆

[Steve Saretsky @SteveSaretsky]

@sammyrowan Flag in bio. Another one 😂

[Steve Saretsky @SteveSaretsky]

@michellesplant Shouldn’t you be on blue sky shouting into the void 😂

[Steve Saretsky @SteveSaretsky]

The self-proclaimed communist just got the most votes of any Vancouver city councillor, and that just about sums up this election.

Thanks for playing, comrades.

[Steve Saretsky @SteveSaretsky]

@PeterMeiszner @Vote4ABC @KenSimCity @LisaDominato @LennyNanZhou @sarahkirby_yung @MikeKlassen Appreciate your service 🫡

[Steve Saretsky @SteveSaretsky]

@lahay_peter Blaming realtors for your problems. Low IQ response