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’s Housing Market Remains Resilient Amid CREA Outlook Update
The Canadian resale housing market is forecasted to decline 1.4% in 2026, reversing earlier growth expectations, with 463,336 properties projected to sell. The national average home price is expected to rise 1.1% to $686,710, slightly below previous estimates. Regional disparities persist, with Quebec and Atlantic Canada facing demand drops due to population decline, while Ontario […]
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‘Long road ahead’ in Canada’s housing market recovery: RBC report
Canada's housing market showed a modest recovery with a 0.5% rise in home resales in June, extending a three-month increase but slowing from previous gains. Home sales in 2026 are forecasted to decline by 1.4%, with average prices expected to rise 1.1% to $686,710. Inventories are stabilizing in Ontario and B.C., easing seller competition. Regional […]
Canada First-Time Buyer Playbook 2026
~7-in-10 Canadians see the market as unfair to first-time buyers, and the starting point is honest expectations around sacrifice, goals, and trade-offs. Pre-approval matters because minimum down payments rise with price, lenders may ask for more, and monthly affordability depends on income, debts, insurance, closing costs, upkeep. Savings tools include a first-home savings account with […]