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 to know as a first-time homebuyer?
In one home, the furnace failed after three months, and in another, roof and window leaks showed up after two years. There was also a big property tax reassessment. The driveway was repaved for curb appeal. It can be helpful to plan for potential home emergencies, maintenance, and other unexpected expenses that may come up. […]
Canada Prefabricated Construction Industry Report 2026: Housing Shortages, Workforce Constraints and Low-Carbon Building Programs Propel Rapid Adoption – Forecast to 2030
The Canadian prefabricated construction market is projected to grow annually by 5%, reaching CAD 15.16 billion in 2026 and CAD 18.07 billion by 2030. Growth is driven by housing supply pressures, low-carbon materials like engineered wood, and program-linked demand favoring scalable, repeatable modular solutions. Key trends include standardized designs, permit-ready modular pathways, hybrid prefab systems, […]
Can New Policies Ease Housing Costs in 2026?
Canada’s housing strategy review signals a stronger supply-driven approach improving affordability outcomes through 2026. Federal housing investment is projected to exceed $115B, supporting long-term construction and preservation pipelines. Accelerated approvals are expected to unlock over 100,000 additional housing units nationally in coming years. Repair programs will continue preserving hundreds of thousands of lower-cost homes, stabilizing […]
Homeownership Gets Cheaper, but Momentum Is Fading
Homeownership in Canada is slightly more affordable, but the pace of improvement is slowing. RBC’s affordability index fell to 53.2%, down from a pandemic peak of 63.5%. Most affordability gains came from markets where prices have softened, though costs remain elevated overall. Some regions saw smaller improvements, while a few experienced affordability pressures increasing. Future […]