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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BCREA: MARKET RECOVERY CONTINUES AT AN UNEVEN PACE ACROSS BC
In December 2025, British Columbia recorded 4,271 residential unit sales, down 5.9% from the previous year, with an average price of $952,061, a 5.6% decrease. Total sales dollar volume fell 14.5% to $4.1 billion. Year-to-date, sales volume dropped 8.3% to $67 billion, unit sales decreased 5.6% to 70,255, and average prices declined 2.9% to $953,345. […]
More homes, better infrastructure and stronger communities in British Columbia
In 2025, Canada invested heavily in housing and infrastructure, creating nearly 59,000 housing units and funding public projects nationwide. British Columbia received $2.36 billion for 8,867 homes, $1.5 billion for transit, and over $400 million for green projects. New initiatives include a $13 billion Build Canada Homes agency and a $51 billion Build Communities Strong […]
BC Northern Real Estate Board releases 2025 year end report
In 2025, there were 4,750 property sales totaling $2.1 billion, up from 4,665 sales worth $1.9 billion in 2024. Prince Rupert had 159 sales worth $68.3 million, Terrace saw 290 sales worth $152.3 million, and Kitimat recorded 164 sales worth $68.1 million. Sales increased overall, with some variations in individual municipalities. Continue to full article
2026 Rate Forecast: Hold Now, Hike Later?
Economists now expect the Bank of Canada to hold rates steady through most or all of 2026 after 100 basis points of cuts in 2025. The policy rate sits at 2.25%, with the BoC signalling it is “about the right level” amid resilient growth and tariff uncertainty. Several banks see the next move more likely […]