I've been speaking with a number of builders and renovators recently, who have told me the cost of building and renovating has spiked up 15 to 20% in the past 12 months. Materials like wood, drywall, flooring, fixtures and appliances have all taken a spike up. A shortage of skilled trades is also to blame. In this video I also discuss strata restrictions on Lower Mainland condos. No rentals, no pets and age restrictions and their effect on prices and the time it takes to sell these homes.