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 Buyers Watch Cautious Mortgage Outlook
Canada’s housing market is heading toward 2026’s second half on softer footing, with fragile buyer confidence and mortgage brokers expecting limited activity changes ahead. Affordability improved earlier in 2026 across many major markets, but that trend appeared to reverse by Late-Q2, keeping decisions cautious for buyers. A stronger second half depends on confidence rebuilding, plus […]
Office-to-Residential Conversions Continue to Shape Canadian Cities
Over 10 million sq ft of Canadian office space has been converted, demolished, or planned for redevelopment, resulting in about 17,000 new residential units. Conversion strategies differ by city, influenced by factors like land costs, building age, and floor-plate size. Office demand is recovering in prime locations, while older buildings are repurposed, with conversions driven […]
More Young Canadians Enjoy Family Support at Home, Study Finds
In 2021, 16.3% of millennials aged 25-39 lived with their parents, double the rate of baby boomers at the same age. This trend was stronger in costly cities like Toronto and Vancouver. Millennial homeownership was lower (49.9%) compared to previous generations, with fewer living in detached homes. Factors include delayed marriage, parenthood, longer education, and […]
BC Real Estate Market Shows Signs of Steady Progress
Home sales in British Columbia fell 2% in May, with average prices dropping 1.4% to $945,878, as rising mortgage rates and affordability challenges keep buyers sidelined. Total sales volume declined 3.4% year over year. While BC and Ontario markets struggle, other Canadian regions show better performance. Vancouver shows early recovery signs with increased transactions and […]