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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Bank of Canada Sees Opportunity in Growing Condo Supply
The Bank of Canada kept its key rate at 2.25%, but significantly downgraded housing's impact on 2026 GDP, expecting it to reduce growth by 0.1 points. Housing, once a growth driver, now faces weak investor interest, slow population growth, and affordability issues. A glut of small, investor-focused condos in major cities is causing an inventory […]
Happy Father’s Day
Approximately 2.5 billion Father's Day cards are sent each year. Neckties have become a popular traditional gift for Father's Day. "World's Greatest Dad" is a popular Father's Day phrase. Breakfast in bed is a common Father's Day treat. Wishing a fantastic Father's Day to all the dads who strive to be the best versions of […]
Canadian Home Prices Near Record Highs In All But 2 Provinces
Canadian home prices rose in all but one province in April, with most provinces near or at record highs despite a national correction. The national price drop of 20.8% is mainly due to significant declines in Ontario and British Columbia, while other provinces saw modest increases or minor declines. This suggests the national housing correction […]
Majority of Brokers Confident Despite Recession Concerns
Economic anxiety, not interest rates, is the main factor freezing Canada's housing market in 2026, with 40% of real estate professionals citing recession fears as the top reason buyers and sellers hesitate. Risk aversion has increased, causing delays and deal collapses, with financing failure and client indecision as leading issues. Administrative burdens are also reducing […]