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 Housing Starts Held Nearly Flat
Canada’s six-mo starts trend was nearly flat in Mid-Q2 2026, ↑~0.5% to ~258K units on a seasonally adjusted annual basis across Canada. Actual starts in larger centres ↓~5% yearly to ~22.6K units, while total national SAAR ↓~6% MoM to ~261.4K units in Mid-Q2 2026. Year-to-date starts reached ~93.6K units, ↑~3% yearly, as British Columbia and […]
Sellers Pivot Strategy as Spring Home Price Cuts Decline Nationally
The U.S. housing market shows fewer price reductions nationally, dropping to 16.7% in April 2026, as sellers set more realistic initial prices. However, some Sun Belt and Western metros like Phoenix, Tampa, San Antonio, Denver, and Portland still see high discount rates due to inventory surpluses and regional challenges. Factors such as high mortgage rates, […]
Experts Share Insights on Home Prices Amid High Mortgage Rates
Mortgage rates have fluctuated around 6.5%, making it unlikely they'll drop significantly soon due to inflation and economic factors. If rates stay high, home prices are expected to gradually decline as demand weakens and supply increases. However, if rates fall, more buyers may enter the market, stabilizing or raising prices. Buyers should focus on affordability, […]
Lessons from the first half of the 2026 housing market
The housing market in early 2026 showed normalization rather than extremes, with inventory above pandemic lows but below pre-pandemic norms. Demand remained resilient despite higher mortgage rates. Market strength varied locally, with some Midwest and Northeast areas outperforming Sun Belt markets, which are returning to traditional conditions. Inventory growth slowed and new listings stayed below […]