Saeed Farahani’s Blog

  • 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…

  • 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…

  • 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.…

  • Home Prices Dip, Giving Vancouver Buyers More Power

    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…

  • 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…

  • Homes Dropped 10%: Vancouver Buying Window Open!

    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…

  • 55% of all Metro Vancouver homes projected to be condos by 2051

    Metro Vancouver's housing stock will grow from 1.05 million to 1.7 million units by 2051, with over half being condominiums, up from under half today. Population will rise to 4.21 million. Condos will make up 67% of new homes, while single-family homes drop from 26% to 14%. Surrey and Vancouver will absorb nearly half of…

  • Check out this new 1 bed-1 bath listing at 15 50 FERN Unit 19 09, Vancouver

    Experience North Shore living at Beacon in Seylynn Village! This 1-bedroom home features a modern kitchen with island & stainless steel appliances, bright living area with floor-to-ceiling windows and mountain views, a peaceful bedroom with walk-in closet, spa-style bathroom, in-suite laundry, and covered balcony with gas BBQ hookup. Includes parking, storage & bike locker, A/C,…

  • How to Get a Mortgage with Bad Credit in Canada

    To buy a home in Canada, a good credit score is essential for securing a favorable mortgage. Bad credit complicates the process, making lenders hesitant to approve applications. However, options exist for those with poor credit, such as getting a co-signer, applying with B lenders or private lenders, or considering rent-to-own agreements. Improving credit scores…

  • Vancouver adds 4,850 new homes in 2025 and continues to lead region in rentals

    Vancouver completed 4,850 net new homes this year, 86% rentals, marking a 17% increase from last year and achieving 90% of its housing target. With 9,000 units built in two years and 15,100 under construction, the city expects to exceed the 2028 target of 28,900 units. Efforts include streamlined multiplex reviews, digital permitting, fee deferrals,…

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