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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Canadians still dream of bigger homes as affordability gap pressures buyers
A survey found 55% of Canadians are not living in their ideal home, with most desiring a detached house averaging 2,098 sq ft, three bedrooms, 2.5 bathrooms, and a yard. Affordability is the main barrier, cited by 59%, followed by moving costs and saving for a down payment. Homeowners report higher satisfaction than renters, and […]
How Will Inflation Shape Canada’s Housing Market Through 2026?
Oil-driven inflation spike raised rate hike risks, pushing fixed mortgage rates higher in early 2026. Higher borrowing costs and uncertainty slowed spring activity despite peak seasonal demand expectations. CREA revised forecats: -Home sales: 474,972 units, ↑ 1% yearly. -Avg home price: ↑ 1.5% to $688,955 2027 outlook: sales up 2.1% to 485,071, prices +0.9% to […]
Canada Builders Seek Ownership Support
With builder confidence under pressure, industry leaders say homeownership needs a clearer federal plan, plus strategic provincial action on taxes and supply. Recommended affordability levers include eliminating taxes on new homes, reducing development charges, and considering responsible mortgage stress-test changes for ownership access nationwide. A $1.7B federal housing-cost injection was described as a positive step, […]
Is British Columbia Stabilizing in 2026?
Home price growth expected around 0% to 2%, reflecting a steady and resilient market after prior volatility Vancouver continues to benefit from strong long-term demand and limited supply, supporting price stability Sales activity shows gradual improvement, signalling renewed buyer confidence returning to the market Housing starts remain below long-term trends, which may help rebalance supply […]