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Vancouver Real Estate Podcast

Vancouver Real Estate Podcast

VREP #532 | Now It's Sellers' Turn to Experience FOMO with Jon Bennest & Stefan Greiner

Oct 24, 2026 · 1 hr 7 min · 23 segments

'Remember when' may be the lowest form of conversation, but Vancouver sellers still can't resist quoting what their neighbour sold for in 2021. Back then, buyers were terrified of missing out. Now the…

'Remember when' may be the lowest form of conversation, but Vancouver sellers still can't resist quoting what their neighbour sold for in 2021. Back then, buyers were terrified of missing out. Now the anxiety belongs to anyone looking to sell. Zonda VP of Product Jon Bennest & VP of Advisory Stefan Greiner sit down with Matt this week to explain how the pendulum swung so hard, and why a region with ZERO new tower launches this year still can't clear its inventory. From a never-lived-in condo going for nearly 20% less than its twin did a year ago to West Side tenants playing rental buildings off each other for better deals, the leverage has clearly changed hands. Why can't developers simply slash their way out? Are we watching a permanent shift away from ownership? And could the provincial election flip the mood? Time to stop talking about the good ol' days and start listening!

'Remember when' may be the lowest form of conversation, but Vancouver sellers still can't resist quoting what their neighbour sold for in 2021. Back then, buyers were terrified of missing out. Now the…

Top entities: Vancouver×38 Jon Bennest×13 British Columbia×11 Zonda Home×28 Class struggle×7

Speakers: Jon BennestGuestMatt ScalenaHostStefan GreinerGuestAdam ScalinaHost

Zonda, the Election, and the New Mayor1:24 – 3:59

M

Matt ScalenaHost

1:24

Yeah, no, it was great having Stefan finally on the program.

M

Matt ScalenaHost

1:27

He's been with, I mean, we're going back to the Urban Analytics days.

M

Matt ScalenaHost

1:33

He was over there as well.

M

Matt ScalenaHost

1:34

So that's, I feel like we're almost dating ourselves now.

M

Matt ScalenaHost

1:37

But yeah, and John, of course, past guest fan favorite.

M

Matt ScalenaHost

1:40

Adam, you missed this conversation.

M

Matt ScalenaHost

1:42

I did.

M

Matt ScalenaHost

1:43

This to me was great in that it felt like an old school Vancouver Real Estate Podcast conversation.

M

Matt ScalenaHost

1:52

Like, Pricing.

M

Matt ScalenaHost

1:54

With me not being there.

M

Matt ScalenaHost

1:54

What's moving.

M

Matt ScalenaHost

1:55

Yeah.

M

Matt ScalenaHost

1:57

Just like a good real estate conversation.

M

Matt ScalenaHost

2:00

And these guys are so dialed in on the data and what's happening in new home construction and the quote unquote shadow inventory, which I don't think they called it that, but I will, of the inventory that exists.

M

Matt ScalenaHost

2:14

So yeah, it was awesome having them on.

M

Matt ScalenaHost

2:16

And they also have a little bit to say about the election on Saturday.

M

Matt ScalenaHost

2:22

So So hopefully people catch it before.

A

Adam ScalinaHost

2:25

Yeah, no, I'm excited to listen to this.

A

Adam ScalinaHost

2:27

And I can't believe I missed it.

A

Adam ScalinaHost

2:28

I can't remember.

A

Adam ScalinaHost

2:30

Oh, yeah.

A

Adam ScalinaHost

2:30

Yeah, I remember why.

A

Adam ScalinaHost

2:31

But anyways, it was bad enough to prevent me from being on this show.

A

Adam ScalinaHost

2:36

And I was super excited about it.

A

Adam ScalinaHost

2:37

So these guys, if anyone doesn't know about Zonda, check out ZondaHome.com.

VancouverCityCity in British Columbia, Canada
99%38 mentions
Jon BennestPerson
97%13 mentions
British ColumbiaAdministrative AreaCanadian Province
94%11 mentions
Zonda HomeCompanyMedia company
92%28 mentions
Class struggleEntity
90%7 mentions
CalgaryCityCity in Alberta, Canada
87%13 mentions
Pete FryPersonPolitician
85%3 mentions
Urban AnalyticsCompanyCompany
83%4 mentions
SurreyCityCity in British Columbia, Canada
80%5 mentions
West VancouverCityMunicipality in British Columbia, Canada
78%1 mention
Fear of missing outEntity
76%1 mention
CanadaCountryCountry in North America
73%10 mentions
Ari EmanuelPersonAmerican businessman and former CEO of William Morris Endeavor
71%3 mentions
Goods and services taxEntity
69%2 mentions
Multiple listing serviceEntity
66%2 mentions
OntarioAdministrative AreaCanadian Province
64%4 mentions
TorontoCityCity in Ontario, Canada
62%4 mentions
Bank of CanadaCompanyCentral bank in Ottawa, Ontario
59%2 mentions
Linkin ParkMusic GroupRock band
57%2 mentions
Sam ZellPersonAmerican businessman and philanthropist
55%2 mentions
Breaking BadTV SeriesAmerican drama series
52%2 mentions
SquamishCityMunicipality in British Columbia, Canada
50%3 mentions
AlbertaAdministrative AreaCanadian Province
48%2 mentions
Greater VancouverEntity
45%2 mentions
Emily ArmstrongPersonAmerican singer
43%2 mentions
BurnabyCityCity in British Columbia, Canada
41%4 mentions
Fraser ValleyPlace
38%3 mentions
SkyTrainEntityMetro system
36%1 mention
Fairmont Pacific RimEntityHotel in Vancouver, British Columbia
34%1 mention
Tri-CitiesPlace
31%2 mentions
LangleyCityCity in British Columbia, Canada
29%1 mention
AbbotsfordCityCity in British Columbia, Canada
27%1 mention
Port CoquitlamCityCity in British Columbia, Canada
24%1 mention
Byron ChardPerson
22%1 mention
RichmondCityCity in British Columbia, Canada
20%1 mention
BlueyTV SeriesAustralian animated series
17%2 mentions
MississaugaCityCity in Ontario, Canada
15%1 mention
National Hockey LeagueSports OrganizationLeague
13%1 mention
Professional Women's Hockey LeagueSports OrganizationLeague
10%1 mention
The OffspringMusic GroupRock band
8%1 mention
NetflixEntityTelevision broadcaster
6%1 mention
ChristmasEntityCelebration
3%1 mention
Scrooge McDuckEntityCartoon character
1%1 mention

Rental Housing MarketReal Estate > Residential Real Estate
Property Market ResearchBusiness > Real Estate Services
New Home MarketReal Estate > Residential Real Estate
Metro Vancouver Pre-Sale MarketReal Estate > Residential Real Estate > New Home Market
High-Rise Concrete Condo LaunchesReal Estate > Residential Real Estate > New Home Market > Metro Vancouver Pre-Sale Market
Real Estate Development EconomicsEconomics > Housing Economics
Residential Construction FeasibilityEconomics > Housing Economics > Real Estate Development Economics
Development Costs and Unsold InventoryEconomics > Housing Economics > Real Estate Development Economics > Residential Construction Feasibility
Metro Vancouver Purpose-Built RentalsReal Estate > Residential Real Estate > Rental Housing Market
Rental Absorption and Rent IncentivesReal Estate > Residential Real Estate > Rental Housing Market > Metro Vancouver Purpose-Built Rentals
British Columbia Real Estate PolicyPolitics > Public Policy > Housing Policy
Taxes and Regulations Affecting Home BuildersPolitics > Public Policy > Housing Policy > British Columbia Real Estate Policy
Residential Development AdvisoryBusiness > Real Estate Services > Property Market Research
Industry Conferences and Builder CollaborationBusiness > Real Estate Services > Property Market Research > Residential Development Advisory
Real Estate ServicesBusiness
Public PolicyPolitics
Residential Real EstateReal Estate
Housing PolicyPolitics > Public Policy
Housing EconomicsEconomics
Politics
Economics
Business
Real Estate

Zonda, the Election, and the New Mayor1:24 – 3:59

M

Matt ScalenaHost

1:24

Yeah, no, it was great having Stefan finally on the program.

M

Matt ScalenaHost

1:27

He's been with, I mean, we're going back to the Urban Analytics days.

M

Matt ScalenaHost

1:33

He was over there as well.

M

Matt ScalenaHost

1:34

So that's, I feel like we're almost dating ourselves now.

M

Matt ScalenaHost

1:37

But yeah, and John, of course, past guest fan favorite.

M

Matt ScalenaHost

1:40

Adam, you missed this conversation.

M

Matt ScalenaHost

1:42

I did.

M

Matt ScalenaHost

1:43

This to me was great in that it felt like an old school Vancouver Real Estate Podcast conversation.

M

Matt ScalenaHost

1:52

Like, Pricing.

M

Matt ScalenaHost

1:54

With me not being there.

M

Matt ScalenaHost

1:54

What's moving.

M

Matt ScalenaHost

1:55

Yeah.

M

Matt ScalenaHost

1:57

Just like a good real estate conversation.

M

Matt ScalenaHost

2:00

And these guys are so dialed in on the data and what's happening in new home construction and the quote unquote shadow inventory, which I don't think they called it that, but I will, of the inventory that exists.

M

Matt ScalenaHost

2:14

So yeah, it was awesome having them on.

M

Matt ScalenaHost

2:16

And they also have a little bit to say about the election on Saturday.

M

Matt ScalenaHost

2:22

So So hopefully people catch it before.

A

Adam ScalinaHost

2:25

Yeah, no, I'm excited to listen to this.

A

Adam ScalinaHost

2:27

And I can't believe I missed it.

A

Adam ScalinaHost

2:28

I can't remember.

A

Adam ScalinaHost

2:30

Oh, yeah.

A

Adam ScalinaHost

2:30

Yeah, I remember why.

A

Adam ScalinaHost

2:31

But anyways, it was bad enough to prevent me from being on this show.

A

Adam ScalinaHost

2:36

And I was super excited about it.

A

Adam ScalinaHost

2:37

So these guys, if anyone doesn't know about Zonda, check out ZondaHome.com.

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