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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Canadian Housing Affordability Still Needs Improvement
Despite progress, Canadian housing affordability still has a ways to go. In Q2 2026, affordability improved for the 11th quarter in a row—now sitting at around 41%. This shift was fueled by a combination of lower prices, reduced borrowing costs, and rising incomes. Still, even with about 13 percentage points of improvement since the recent […]
Canada’s Housing Recovery Won’t Be a Boom
As we move through this year, it’s clear that Canada’s housing market is on a path to recovery—just not a runaway boom. Since early Q2, I’ve noticed the uptick in resales, more stable inventory, and price trends that are either holding steady or easing at a slower pace. According to recent forecasts, we could see […]
BC Standing Inventory Reached 6.7K
BC’s housing landscape is shifting, with standing inventory now at 6,700 homes across the province—including 5,500 condos, as well as townhomes and some multiplex units. What stands out: this inventory isn’t just concentrated in the biggest cities. Burnaby leads with 1,210 unsold homes, while Vancouver follows at 1,020, Surrey at 798, and Coquitlam at 620. […]
Unlocking the Pathways to Canada’s Housing Recovery
In my work across North Vancouver, Burnaby, Coquitlam, and beyond, I see firsthand how several factors are slowing the pace of Canada's housing market recovery. Trade uncertainty, regulatory delays, and a more cautious approach from buyers and sellers all play a role. With interest rates holding steady and regulatory processes remaining tangled, new housing developments […]