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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B.C. is home to the second most cities with highest rents in Canada
Rent prices in B.C. remain among the highest in Canada despite declines. Vancouver leads with the priciest one-bedroom median rent at $2,450, down nearly 6% year-over-year, and two-bedrooms at $3,300, down 5.7%. Victoria saw the largest drops, with one-bedroom rents down 7.2% and two-bedrooms down 8.6%. Ontario has the most cities in the top rent […]
Bill meant to speed up housing approvals passes second reading in B.C. legislature
A bill in B.C. aims to speed up building approvals by allowing local governments to accept technical reports from certified professionals without additional review, except for incomplete work or complaints. Supported by the NDP, it faces opposition from Conservatives and others who argue local review is a safeguard. Proponents say it reduces delays and costs, […]
Is 2026 Canada’s Year for Modest Home Growth?
Slide 1: Canada’s housing market eyes modest growth in 2026 as inventory slowly normalizes. Slide 2: National home sales expected to rise 3.4%, rebounding after widespread 2025 declines. Slide 3: Rate sensitivity matters: 23% ready to buy if BoC cuts 0.5–1%. Slide 4: Younger buyers prioritize transit and commute flexibility, shaping housing choices in 2026. […]
Stabilization for British Columbia Housing Market in 2026
Price trends stabilize as higher supply and affordability constraints temper rapid appreciation. Sales activity gradually recovers from slower periods driven by borrowing-cost sensitivity. Investor participation moderates while end-user demand remains steady in core markets. Rent pressures ease slightly as new supply enters urban centers. Market conditions reflect gradual normalization rather than sharp price swings.