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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Can Canada Double Housing Construction?
Canada plans to double national homebuilding over the next decade through new federal initiatives. Federal housing programs are projected to drive over $1 trillion in economic investment by 2030. The Affordable Housing Fund is expected to create thousands more units as new funding accelerates. Top-up financing is forecast to add over 5,000 new affordable homes […]
More Rental Options Open Up Across B.C.’s Major Markets
Vacancy rates in major British Columbia cities rose in 2025, with Greater Vancouver reaching its highest level in over 30 years due to slower population growth and outflows of non-permanent residents. Vancouver's purpose-built rental vacancy was 3.7%, with rents rising modestly. Victoria's vacancy hit its highest since 1999 at 3.3%, with rent growth accelerating. Increased […]
BC Housing: End-of-Year Dip Masks 2026 Boom
B.C. posted upside resale surprises despite affordability pressure lingering. Sales dip about 4% by end-2025 before momentum flips. Strong rebound forecasted: sales jump 18% in 2026. Another 10% sales gain follows in 2027, slower but healthier. Prices recover gradually, rising about 4% annually post-reset.
B.C. is home to the second most cities with highest rents in Canada
Rent prices in B.C. remain among the highest in Canada despite declines. Vancouver leads with the priciest one-bedroom median rent at $2,450, down nearly 6% year-over-year, and two-bedrooms at $3,300, down 5.7%. Victoria saw the largest drops, with one-bedroom rents down 7.2% and two-bedrooms down 8.6%. Ontario has the most cities in the top rent […]