Saeed Farahani’s Blog
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Vancouver Home Sales Rise 1.2% in Early-Fall
Sales ↑ 1.2% YoY to 1,875, but ↓ 20.1% vs. 10-yr avg. Listings ↑ 6.2% YoY; total inventory ↑ 14.4% to 17,079 homes Benchmark price ↓ 3.2% YoY, now $1,142,100; detached and apartment prices both ↓ 4.4% Easing prices, high inventory, and lower borrowing costs offer buyers more opportunity Market activity expected to stabilize by…
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Executive 2-Bedroom Suite at the Prestigious Terminal City Club Tower Experience luxury living in this beautifully updated 1,170 sq.ft. executive suite offering breathtaking views of the North Shore Mountains, Coal Harbour, the city skyline, and Mount Baker. This residence stands out with custom high-end upgrades far beyond the original developer finishings, including: Designer kitchen with…
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اثر سرریز بازار املاک کانادا: جهش اجارهبها در شهرهای ارزانتر
در حالی که اجارهبها در شهرهای گران کانادا مانند Toronto و Vancouver کاهش یافته، شهرهای ارزانتری همچون Trois Rivieres شاهد سریعترین رشد اجاره هستند. این روند اواخر چرخه نشاندهنده انتقال سرمایه از بازارهای پرهزینه به بازارهای کمهزینه است که بیشتر ناشی از سفتهبازی است تا عوامل اقتصادی محلی. بازارهای کوچکتر با فشارهای تورمی فزاینده و…
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Will Vancouver’s 2026 Economy Support Property Markets?
Slide 1 Vancouver’s economy barely grows, rising from 1.2% in 2025 to 1.9% in 2026. Slide 2 Condo developers face low margins and stalled projects until unsold units clear in 18 months. Slide 3 Rents are flattening as new rental units surge, pushing vacancy toward 2.9% by 2027. Slide 4 Zoning changes boost fourplexes, sixplexes,…
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Vancouver’s rental market suddenly surging in popularity among Canadians
Vancouver has risen to 11th place among Canada's top rental cities, with renter engagement surging—favourited listings up 83% and saved searches up 92%. The city’s rental score increased from 50.25 to 65.02, signaling renewed market momentum. Despite rent declines, Vancouver remains the second-most expensive rental market, with average one-bedroom rents at $2,463 and two-bedrooms at…
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First-Time Homebuyer Tips: Here’s What You Need to Know
First-time homebuyers should prepare by budgeting for mortgage, taxes, insurance, and maintenance. Getting pre-approved for a mortgage clarifies affordability. Research local markets and factor in closing costs. Consider home inspections to avoid surprises. Decide between buying resale or building new, weighing costs and energy efficiency. Plan for future needs, resale value, and ongoing maintenance. Take…
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Vancouver reports adding 4,850 new homes in 2025
Vancouver achieved about 90% of its housing target with 4,850 new homes, a 17% increase from last year. Of these, 86% were rentals. In two years, 9,000 units were completed, with 15,100 under construction and 30,900 expected within five years, surpassing the 28,900 target. Rental completions rose 60%, and the city promotes multiplexes near transit.…
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Home Prices Dip, Giving Vancouver Buyers More Power
Vancouver’s housing market saw a slight 1.2% rise in September sales, though activity stayed well below the 10-yr avg. Inventory grew 14.4% yearly as new listings surged, giving buyers more leverage and choice. Falling prices and lower borrowing costs are creating favorable conditions for buyers this fall. The composite benchmark price dropped 3.2% yearly to…
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کاهش موانع در ساختوساز پایدار
ابتکارات جدید صدور مجوز و پرداخت بهموقع در بریتیش کلمبیا با هدف کاهش تأخیرها و بهبود جریان نقدینگی در صنعت ساختوساز، بهویژه در پروژههای چندواحدی، اجرا شدهاند. تسهیل روند تأیید و پرداختهای سریعتر، پیشبینیپذیری را افزایش داده و به سازندگان امکان برنامهریزی بهتر، کاهش هزینهها و تسریع تحویل مسکن را میدهد. این اصلاحات همچنین از…
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Homes Dropped 10%: Vancouver Buying Window Open!
Slide 1 Vancouver home prices finally dropped 0.9% in October, down $9,900 to $1,132,500. Slide 2 Prices fell 3.4% year-over-year and 10.1% from the record high, lowest since 2023. Slide 3 October sales slumped 14.3% to just 2,255 homes, echoing 2018 downturn levels. Slide 4 Active listings soared 13.2% to 16,393, marking the third-highest October…
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