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 Builders Seek Ownership Support
With builder confidence under pressure, industry leaders say homeownership needs a clearer federal plan, plus strategic provincial action on taxes and supply. Recommended affordability levers include eliminating taxes on new homes, reducing development charges, and considering responsible mortgage stress-test changes for ownership access nationwide. A $1.7B federal housing-cost injection was described as a positive step, […]
Is British Columbia Stabilizing in 2026?
Home price growth expected around 0% to 2%, reflecting a steady and resilient market after prior volatility Vancouver continues to benefit from strong long-term demand and limited supply, supporting price stability Sales activity shows gradual improvement, signalling renewed buyer confidence returning to the market Housing starts remain below long-term trends, which may help rebalance supply […]
Happy Victoria Day
The holiday has been observed since 1845, as a celebration to honour Queen Victoria. The day unofficially signals the start of summer for many Canadians. It is celebrated with parades and fireworks in some cities. Sending our warmest wishes to everyone for a happy and peaceful long weekend.
BC Home Flipping Tax Encourages Long-Term Ownership
The BC home flipping tax applies to profits from selling residential properties owned for less than 730 days, effective January 1, 2025. It targets short-term property holding and is separate from federal tax rules. The tax rate is 20% for sales within 365 days, decreasing until 730 days when it no longer applies. Exemptions include […]