Saeed Farahani’s Blog
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Federal government supporting energy upgrades for affordable homes in Vancouver
The federal government is investing over $15.5 million to improve energy efficiency in 420 affordable homes in Vancouver through the Canada Greener Affordable Housing program, along with an additional $511,000 from the Affordable Housing Fund. This funding will support deep energy retrofits, enhancing the longevity and efficiency of buildings for low- and moderate-income households. Key…
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Vancouver Rent Gap Hits $922 Between Neighbourhoods
Metro Vancouver has a $922 rent gap between its most and least expensive neighbourhoods. The average rent for an unfurnished one-bedroom in Metro Vancouver dropped to $2,293 this January.
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Metro Vancouver: No Parking, Lower Costs?
Metro Vancouver aims to eliminate minimum parking requirements in new developments to reduce construction costs.Building a parking stall in Metro Vancouver can cost up to $230K due to site challenges.
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STRs Crackdown Boosts Vancouver’s Rental Supply
Last year’s crackdown returned 10% of short-term rentals to long-term use or property sales. Two-bedroom rentals are 10% cheaper, with Vancouver rents hitting a 30-month low by December.
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Vancouver’s Housing Market Heats Up: A Surge in Sales and New Listings!
Vancouver's housing market saw a strong start in January, with 1,552 homes sold, an 8.8% increase year-over-year. New listings surged to 5,566, a 46.9% rise from the previous month, contributing to a total inventory of 11,494 homes, up 33.1% from last January. The benchmark home price is stable at $1,173,000, reflecting a slight 0.5% annual…
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Get Your House Market-Ready
Consult a REALTOR®: A local agent helps price your home correctly and attract potential buyers. Complete Repairs: Fix any outstanding issues, like leaky faucets or worn-out flooring, for a polished look.
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Check out my new listing Address: 885 HIGHLAND DRIVE
Investor & Builder Alert! Rare opportunity to own a 22,000 sq.ft. south-facing lot in West Vancouver´s prestigious British Properties. This property comes with a pre-approved development permit for over 9,800 sq.ft. of buildable area, based on old by-law, and world-class engineering plans-an incredible advantage usually taking years to secure. Design your custom luxury residence in…
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2025 Brings Optimism to Vancouver’s Luxury Housing
Vancouver’s luxury housing market enters 2025 with cautious optimism amid lingering buyers’ market conditions.Softening prices, oversupply, and falling interest rates create favourable investment opportunities in luxury condos.
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Vancouver Empty Homes Tax Reminder
The declaration deadline for Vancouver’s Empty Homes Tax is February 4, 2025. If the declaration is not filed by the deadline, the property will be deemed vacant and subject to a 3% vacancy tax.
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Vancouver’s Housing Market: Million-Dollar Forecast
Vancouver's housing market is resilient, with the average B.C. home price forecast to surpass $1 million in 2025.Vancouver's housing demand remains high, with buyers relying more on wealth than mortgages, maintaining market activity amid high prices.
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