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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BC Interior housing market shows signs of life to buck trend of slower October
The B.C. Interior real estate market saw a rare October sales increase to 1,274, defying typical seasonal cooling. Central and North Okanagan single-family home prices rose, while townhome and condo prices mostly declined. South Okanagan condo prices rose, but other categories dipped slightly. Kamloops saw more listings and steady prices, while the Kootenays experienced strong […]
Sales Surge: CREA Sees Strong Finish to 2025
In September 2025, Canadian home sales rose 5.2% yearly, reaching 39,700 transactions, the busiest September since 2021. CREA upgraded its 2025 forecast, now expecting 473,093 homes to sell nationally, ↓ 1.1% yearly. The national avg home price ↑ 0.7% yearly to $676K, though CREA predicts a slight 1.4% drop for 2025. Despite improved sales, affordability […]
Canada’s Housing Market Gaining Momentum Into Fall
Promising Start: The fall season shows early signs of recovery, with certain regions experiencing modest gains as buyers return cautiously. Regional Strengths: Cities like Winnipeg, Regina, and Toronto are seeing renewed activity, while other markets adjust steadily, reflecting balanced growth. Buyer Opportunities: Higher inventory in Ontario, B.C., and Alberta provides more options and stronger negotiating […]
How To Save On Mortgage Breakage Fees
Breaking a mortgage early can incur significant penalties, typically either three months' interest or Interest Rate Differential (IRD) fees. Reasons for breaking a mortgage include financial changes, lower interest rates, job relocations, or personal circumstances like divorce. To minimize penalties, consider a variable or short-term fixed rate mortgage, prepaying when possible, and shopping around for […]