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 Real Estate Market Shows Signs of Steady Progress
Home sales in British Columbia fell 2% in May, with average prices dropping 1.4% to $945,878, as rising mortgage rates and affordability challenges keep buyers sidelined. Total sales volume declined 3.4% year over year. While BC and Ontario markets struggle, other Canadian regions show better performance. Vancouver shows early recovery signs with increased transactions and […]
Canada Mortgage Rates Outlook (2026–2030)
Rates are expected to stay relatively stable in 2026, with most forecasts placing 5-year fixed mortgages between 3.7% and 4.8%. Gradual easing is possible through 2027–2030, as inflation moderates and the Bank of Canada maintains a neutral policy stance. Fixed-rate mortgages will remain driven by bond yields, meaning geopolitical events, inflation, and government borrowing could […]
B.C. Interior Market Stays Balanced
New residential listings ↓~13% yearly, while active listings ↓~7% to ~9.5K, keeping B.C. Interior conditions balanced for buyers and sellers today. Fresh inventory is being absorbed into sales relatively quickly, limiting buildup even as new listings continue flowing through the Interior market overall. Single-Family Benchmarks Central Okanagan: ↑<1% to $1.06M South Okanagan: ↓~3% to $759K […]
Canada’s Real Estate Draws Record US Interest
American interest in Canadian Real Estate reached historic levels in 2026, with online inquiries reaching new peaks during the year's first 5 mo. From April 26 to May 2, US-originated sessions on a Canadian Real Estate platform ↑~64% weekly and ↑~542% yearly, showing powerful cross-border attention. Citizenship rule changes strengthened Canada's appeal by removing a […]