Saeed Farahani’s Blog
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How Will Vancouver’s 2026 Housing Market Reset?
2026 forecast: market hovers between buyers’ and balanced conditions. Single-family homes lead demand; prices expected to fall 5% to $1,610,915. Condos forecast to dip 3% to $712,853—entry-level remains tight, sellers’ market. Entry-level homes remain tight; luxury stock grows—buyers can finally negotiate. Opportunity year for savvy buyers: softer prices plus still-favourable mortgage rates.
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Blossom Block Party
The Blossom Block Party takes place on April 4, 2026, from 2:00 PM to 9:00 PM at Dunsmuir Patio at Bentall Centre, 1055 Dunsmuir St, Vancouver, BC V7X 1L4. This one-day event is part of the Vancouver Cherry Blossom Festival and features DJs, dance performances, a pop-up bar, kids activities, snacks, and social spaces for…
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Capture Photography Festival
Capture Photography Festival takes place from April 1 to April 30, 2026, at 305 Cambie Street, Vancouver, BC V6B 2N4, with events at venues throughout Vancouver. This annual festival celebrates lens-based art through exhibitions, public art installations, talks, and special events featuring local and international photographers. Highlights include a featured exhibition at the Vancouver Art…
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Vancouver Cherry Blossom Festival
The Vancouver Cherry Blossom Festival takes place from March 27 to April 17, 2026, at various venues across Vancouver, BC, Canada. This outdoor arts and culture festival celebrates the beauty of cherry blossoms and the arrival of spring with community events, workshops, art exhibitions, and cultural activities throughout the city. Attendees can enjoy a range…
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Inside Vancouver’s Rising New Home Market
Market shift: rising inventory, evolving pricing, and developers adapting to changing buyer expectations. Early 2026 condos: $450,000-$550,000 entry; mid-range $650,000 to >$1.2M; luxury can exceed $1.5M+. Townhomes $900,000-$1.6M; low-rise family homes $1.2M-$2M+; condos softer than low-rise. Risks: appraisal gaps, assignment slowdown, and possible project cancellations; verify deposit protection and financing stability. Outlook: market stabilizing; prices…
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Is Vancouver’s Housing Boom Cooling in 2026?
Home sales rose slightly but remain well below long-term averages. High housing inventory continues giving buyers stronger negotiating power. Benchmark home prices have fallen significantly year-over-year. Ongoing supply levels suggest the market may remain weak in the near term.
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BC Real Estate Embraces New Opportunities Amid Land Claims
Real estate assessments in British Columbia are now incorporating land-claim uncertainty, impacting property value determinations. This change could cause fluctuations in property prices as the market adjusts. The full effects on the real estate market remain unclear, and stakeholders are closely monitoring developments for further guidance. Continue to full article
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Broker Break: Navigating Multiple Offers
Tips are provided for buying agents on how to secure an accepted offer in multiple offer situations, focusing on effective strategies to navigate competitive real estate markets. Continue to full article
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Is Vancouver Housing Entering a Long Stabilization Phase?
Economists expect 5–10% sales growth in 2026, but still below historical averages. Some forecasts suggest prices may stay mostly unchanged in 2026 as inventory remains elevated. Vancouver housing appears shifting into a “new normal” stabilization phase, not another rapid boom. Conclusion: rising inventory, modest demand, and stable rates point to a slow stabilization phase.
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Vancouver Housing Market Stays Stuck
February transactions totaled 1,648, nearly 29% below the 10-year seasonal avg. Composite benchmark price slipped to $1,100,300, ↓6.8% yearly and ↓0.1% from January. Sales-to-active-listings ratio was 12.6%; detached 9%, attached 16.6%, apartments 14.1%. New listings totaled 4,734, ↓6.4% yearly; inventory hit 13,545, ↑6.3% yearly and ↑37% vs 10-year norm. spring is the litmus test; a…
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