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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BC Housing Market Offers New Opportunities This Holiday Season
British Columbia recorded 5,052 residential unit sales in November 2025, down 13.3% from the previous year. The average residential price fell 1.4% to $965,914. Total sales dollar volume dropped 14.5% to $4.9 billion, with unit sales 24.9% below the ten-year November average. Year-to-date, sales volume decreased 8.1% to $62.9 billion, unit sales fell 5.6%, and […]
Are “Good Rates” About to Wake Real Estate?
Slide 1 Rates finally sit in a “good place,” but buyer confidence hasn’t fully bounced back yet. Slide 2 Canada’s nine rate cuts brought major relief, yet affordability still challenges first-time buyers nationwide. Slide 3 Lower borrowing costs usually boost sales, so stronger buyer activity could show up early next year. Slide 4 A recession-triggering […]
City of North Vancouver approves new mid-rise development zone
North Vancouver approved a new mid-rise development zone allowing residential buildings up to six storeys, initially for Alder Street lands. This aims to meet 20-year housing targets and a federal deadline. The zone may extend to other Residential Level 5 areas, streamlining rezoning. It includes tree protection measures, requiring 10% deep soil areas and adherence […]
Could the Cowichan ruling affect B.C. property assessments?
A B.C. Supreme Court ruling granting Cowichan Tribes “senior” title over some Richmond private property may impact future property assessments, though its effect on 2026 assessments is uncertain due to timing. Experts debate its broader applicability, with some seeing it as case-specific and others warning it challenges foundational property rights. Appeals depend on market evidence […]