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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Lessons from the first half of the 2026 housing market
The housing market in early 2026 showed normalization rather than extremes, with inventory above pandemic lows but below pre-pandemic norms. Demand remained resilient despite higher mortgage rates. Market strength varied locally, with some Midwest and Northeast areas outperforming Sun Belt markets, which are returning to traditional conditions. Inventory growth slowed and new listings stayed below […]
Canada Home Sales Regain Momentum
In Mid-Q2 2026, Canadian home sales ↑~5% MoM, marking 2026's first meaningful national demand gain as activity picked up across the market. Canada's national avg. sale price topped $700K in Mid-Q2 2026, ↑~2% yearly and reaching its highest monthly reading in two yr overall. New listings ↓~1% MoM, tightening Canada's sales-to-new-listings ratio near 49%, still […]
Canada Buyers Gain More Negotiating Room
A recent agent survey found Canada’s spring housing market carried less momentum than expected, with buyers measured and sellers more flexible overall. Spring activity was weaker than expected for 38% of agents, while 29% saw upside and 33% said conditions matched expectations near midyear. Affordability led buyer concerns at 44%, ahead of economic uncertainty at […]
Can Canada Meet Housing Demand?
Population growth continues increasing housing demand faster than many regions can add new supply. Governments are introducing policies designed to accelerate construction and improve housing availability. Labour shortages, development costs, and approval delays remain significant obstacles to faster building activity. Housing experts agree that sustained construction increases are necessary to improve long-term affordability.