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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Canada’s Homebuilding Pace Falls Further
Canada’s homebuilding pace is shifting again—recent data shows the six-month trend in housing starts dipped about 1% to 244,000 units nationwide, with major centres seeing a 2% decline to 17,700 units. Year-to-date, we’re sitting at 149,500 new starts, which is about 4% behind where we were at this time in 2025. This underscores the continuing […]
Canada Housing Faces Trade Turmoil
The Canadian housing market has entered a softer phase, with activity down about 7% year-over-year and national sales slipping by less than 1% month-over-month. Buyers are feeling the impact of ongoing trade tensions, fluctuating oil prices, and persistent inflation concerns. Rising Canadian bond yields have also pushed fixed mortgage rates higher, adding another layer to […]
Canadian Home Sales Slide 6.9% Yearly
We're seeing some notable shifts in the Canadian real estate landscape this mid-Q3, with national home sales down about 1% month-over-month and nearly 7% year-over-year. As economic uncertainty and higher mortgage rates continue to shape the market, the price index has held steady compared to last month but is down around 3% from last year. […]
Canadian Housing Market Remains Resilient Amid Minor Slowdown
July brought a noticeable shift in the Canadian housing landscape, with national housing starts dipping 5% to 229,074 units. Urban starts experienced a sharper 19% year-over-year decline, and the impact was especially visible here in Vancouver, where starts dropped 42%. Toronto also saw a 10% decrease, while Montreal bucked the trend with a 3% rise. […]