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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What’s Next for Canada’s Housing Market?
Canada’s housing market is still soft in mid-2026, with weak sales, cautious buyers, and affordability challenges keeping overall activity subdued. Ontario and BC, especially condos, remain under pressure due to high supply, weaker investor demand, and expected further price declines through 2026. Smaller provinces like Quebec, Alberta, Saskatchewan, and Manitoba are performing better, showing more […]
Canada’s Evolving Workforce Sparks New Housing Opportunities
Canada faces a structural labor market shift due to a historic wave of retirements and immigration caps reducing younger workers. The population is set to shrink in 2026, with the workforce declining even more sharply. Retirements are at record levels and will continue into the 2030s, while the youth population and workforce are shrinking. This […]
B.C. Homebuyers Enjoy More Choices in Current Market
British Columbia's housing market remains buyer-friendly, with the most activity in the $250,000 to $1 million range. Active listings rose 13.6% to 9,413, while sales increased 27% to 222 weekly. The new listings-to-sales ratio is 3.51, indicating more supply than demand, especially in luxury homes over $1 million, which are cooling. Inventory growth offers buyers […]
Where $55,000 Net Income Can Secure Homes in Canada
A study shows that homebuyers with net incomes between $55,000 and $85,000 face affordability challenges in Canada. Labrador and Newfoundland are the most affordable, with mortgage payments at 31-50% of net income. Vancouver is the least affordable, requiring mortgage payments exceeding monthly net income even at $85,000 income. Calgary and Edmonton also show high mortgage […]