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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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 […]
First-Time Buyer Math Is Shifting
Buying beat renting in 41% of 136 studied cities once equity was counted, while the median city still leaned toward renting overall. The comparison credits principal paydown and recent local appreciation, showing ownership can build equity beyond monthly housing costs alone for first-time buyers. The analysis focused on markets within low-down-payment loan limits, comparing three-bedroom […]
2026 Home-Price Forecast Cools
Existing-home price growth in Global was projected at ~1% through year-end, down from ~2% earlier, signaling a cooler market and easing pricing-out fears. Monthly mortgage payments were projected to dip ~2% yearly as values rose more slowly, offering buyers tighter budgeting room and potentially drawing sidelined demand back. Rents were expected to edge down ~1% […]
Diverging trends across Canada’s housing markets in July
Canada's housing markets show mixed trends: recovery signs in Toronto and Ottawa, setbacks in Vancouver, Winnipeg, and Hamilton, and supply constraints in Calgary. Toronto sees consecutive price gains but remains below pre-pandemic levels, especially in condos. Montreal experiences a controlled slowdown with balanced supply and demand. Vancouver faces a prolonged slump with falling prices and […]