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’s housing markets show persistent regional splits
We’re seeing some interesting shifts across Canada’s housing markets right now, with clear differences from region to region. Toronto’s recent momentum has slowed, and prices there are on the decline. Meanwhile, Ottawa is seeing prices edge upward. Out west, price drops in British Columbia are tapering off, while Montreal continues to contend with ongoing affordability […]
Canada Poised for Homebuilding Growth Beyond 2025
We’re seeing some notable shifts in Canada’s homebuilding landscape: national housing starts have dipped 2% month-over-month, now at 17,691 units, with a 4% decline year-to-date. While Montreal and Vancouver are showing some upward momentum, Toronto remains steady. The slowdown is being shaped by high construction costs, lower demand, and an increasing inventory—factors that may impact […]
Canada Needs Twice the Projected Homes
There’s no denying that Canada’s housing market is facing a substantial challenge: the national housing agency now projects we’ll need between 417,000 and 469,000 new homes each year through 2036 just to get back to pre-pandemic affordability. Yet, current construction plans fall far short—leaving us with a yearly supply gap of 187,000 to 238,000 homes […]
Canada Needs More Homes to Sustain Affordability
As someone who works every day in places like North Vancouver, Burnaby South, and Vancouver West, I see firsthand how the pace of new home construction shapes affordability in our communities. While we’ve recently seen some improvement in affordability, that progress is at risk as ownership housing starts slow down. Recent data shows that Canada […]