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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Spring Real Estate Turns More Balanced
This spring market no longer moved in one direction. Conditions varied by neighbourhood and city, with some areas cooling while others stayed highly competitive. More inventory gave buyers more choices and eased bidding pressure. Secondary cities, suburbs, and pandemic boom areas showed softer pricing and better negotiation openings. Homes sitting for several weeks often signaled […]
B.C. Housing Eases Before Expected Rebound
A provincial forecast expects B.C. residential sales to ↓~2% in 2026, with avg. prices ↓~1%, from ~$953K to ~$940K amid uncertainty for buyers. Elevated active listings and new housing supply are giving buyers more options, while softer demand is expected to keep prices under pressure. Lower Mainland submarkets show different paths: Greater Vancouver sales are […]
Retirement Downsizing Can Shrink Equity
Selling a family home in retirement can bring unexpected complications, with slower sales and rising listings stretching timelines and cutting proceeds. Buying a cheaper home did not remove lending rules. Retirees using pensions, investments, or savings withdrawals could see income assessed differently, limiting borrowing capacity. Early mortgage exit penalties could cost thousands, shrinking equity and […]
BC Homebuyers Poised for Opportunities Amid Market Pause
British Columbia's housing market remained weak in March, with 5,766 MLS residential sales, down 3.6% year over year and over a third below the 10-year March average. The average price fell 2% to $939,846, reducing dollar volume by 5.6% to $4.21 billion. Sales declined across all regions, with prices dropping in major areas but rising […]