Fara Ghafari, 88 West Realty
Fara Ghafari is a licensed real estate agent as well as a REALTOR® in CREA and an expert in rental and for-sale properties at 88 West Realty.
Fara Ghafari is a licensed real estate agent as well as a REALTOR® in CREA and an expert in rental and for-sale properties at 88 West Realty.
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Canadian Homebuyers Regain 2026 Confidence
Data shows one in ten Canadians plan to buy within twelve months, half first-time buyers, signaling renewed confidence nationally. Buyer demand is stabilizing as rates ease and listings rise across most regions, shifting markets toward balance after 2024 conditions. Affordability pressures persist despite improving sentiment, with prices, stress tests, down payments, and cautious buyers still […]
Minimal changes to property assessments throughout region
Most residential property assessments in the Thompson-Nicola area show modest changes for 2026, with values generally shifting between -5% and +5%. Kamloops, Clinton, and Logan Lake remain unchanged, while Ashcroft, Cache Creek, Merritt, and Sun Peaks saw slight decreases. Lytton's property values rose 30% due to rebuilding after a 2021 fire. BC's total property value […]
Canada Housing Recovery Expected 2026
Home sales expected to slowly recover as 2026 begins, rebounding from current trade uncertainty. Borrowing rates likely remain near current levels, encouraging more buyers to enter the market. Economic clarity from potential US-Canada trade deals could accelerate housing demand in 2026. Core inflation stability may keep mortgage rates steady, supporting gradual market recovery next year. […]
North Central B.C. assessments rise to $104.7 billion as housing market remains stable
BC Assessment released 2026 property assessments for about 250,000 properties in North Central B.C., reflecting values as of July 1, 2025. Most homeowners see changes between -5% and +15%. The region's total assessed value rose from $99.8 billion to $104.7 billion, including nearly $1 billion from new construction. Owners can review assessments online and appeal […]