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: Young Canadians Rethink Homeownership
Canada’s affordability strain barely improved into the current second half of 2026, leaving many younger buyers feeling homeownership is slipping further out of reach. Some younger Canadians have shifted toward 'doom spending,' prioritizing travel and experiences over downpayment savings because they doubt they will ever afford a home. Family help remains a common path to […]
BC Housing Market Shows Regional Split
In Early-Q3, BC recorded 6.6K residential sales, ↓~7% yearly, while provincial sales volume reached $6.1B and avg. price eased to ~$930K provincewide. BC's headline softness masked a widening regional divide, with recovering Interior markets offsetting continued pressure in the Lower Mainland during Early-Q3 activity. BC's Interior helped balance the picture: Okanagan prices ↑~8%, South Peace […]
Canadian home sales inch higher
Canadian home sales rose 0.5% in June 2026, marking three consecutive months of gains and lifting activity 7% above March levels. The national average home price increased 0.5% year-over-year to $696,078. Fixed mortgage rates eased, stabilizing prices in many markets. However, annual sales forecasts were revised down by 1.4% due to a weak first half […]
New Housing Price Index Release: What to Expect for Canada’s Housing Market
The New Housing Price Index for Canada will be released on August 20, 2026, with no prior estimates or figures available, creating uncertainty for investors. This index measures changes in new residential property prices and is key to understanding housing market trends and economic health. A strong reading could indicate market stability and boost consumer […]