Saeed Farahani’s Blog
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Repeat of the 2010s: B.C. home prices at risk of 27% jump by 2032 due to delayed construction
British Columbia's housing market faces a potential boom-and-bust cycle similar to post-2008 due to record-high unsold inventory, weak construction, and stalled pre-sales. Over 7,000 completed homes remain unsold, mostly condos. Rising development costs and financing challenges hinder new projects. Without increased supply and policy changes—like expanding GST exemptions and easing foreign buyer restrictions—home prices could…
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Will Vancouver Housing Starts Increase in 2026?
Vancouver housing starts are projected to increase modestly in 2026. Multi-unit projects will remain the main driver of urban growth. Smaller-scale residential developments will dominate construction. Seasonal peaks are forecasted in spring and summer 2026. Economic and trade factors may temper Vancouver’s housing momentum.
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Tools to help you meet your goals
Preparing for retirement is crucial at any life stage. Start by assessing your financial situation and emotional readiness five to ten years before retirement. Review insurance needs, survivor pension options, and beneficiary information as you approach retirement. One year prior, notify your employer and complete necessary forms. Use online tools like My Retirement Planner to…
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Opportunities Arise as Vancouver Condos Stabilize in 2026
Vancouver condos continue softening but show early signs of stabilization in 2026. Condo prices dropped 5.3% yearly, reflecting reduced demand and tighter immigration policies. Fewer new residents, students, and temporary workers limit immediate demand pressures on housing. Market analysts predict gradual recovery, offering opportunities for buyers as conditions normalize. Distressed sales may persist early 2026,…
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Building Construction Investments Grow in Q4
Building construction costs rose in Q4 2025 but at a slower pace than Q3. Residential costs increased 0.4% quarterly and 3.0% year-over-year, while non-residential costs rose 0.5% quarterly and 4.1% annually. Price pressures eased due to fewer residential starts but remained high from material costs and labor shortages. Québec saw the largest residential cost rise;…
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تاخیر در ساختوساز ممکن است قیمت خانهها در بریتیش کلمبیا را تا سال ۲۰۳۲ تا ۲۷٪ افزایش دهد
بریتیش کلمبیا با چالشی جدی در بازار مسکن روبروست؛ بیش از ۷۰۰۰ واحد مسکونی به دلیل ضعف در ساختوساز و توقف پیشفروشها بدون خریدار ماندهاند. افزایش هزینههای ساخت و لغو پروژهها باعث کمبود عرضه شده است. اگر تقاضا دوباره افزایش یابد اما توسعه مسکن رشد نکند، قیمت خانهها تا سال ۲۰۳۲ ممکن است ۲۷٪ افزایش…
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Real Estate Statistics in Canada
Canadian property prices peaked in 2022, then cooled and stabilized by 2025, with average home prices around $690,000–$710,000 nationally. British Columbia and Ontario remain the most expensive provinces, with cities like Vancouver and Toronto averaging over $1 million. More affordable markets include Trois-Rivières, Saguenay, and Saint John. Alberta and the Prairies show strong growth, while…
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Price-Stable Vancouver Housing 2026: Time to Own?
Slide 1 Buying in 2026? Low supply and stable prices could lock long-term gains. Slide 2 Vancouver isn’t crashing—high demand and scarce homes keep prices resilient. Slide 3 Mortgage rates are stable, making homeownership more achievable for prepared buyers. Slide 4 Expect slight price increases in 2026 as demand outpaces the limited supply.
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Vancouver Housing Cools Heading Into 2026: Time to Own?
Slide 1 Prices are forecast to drop 3.5% in 2026, second-steepest decline in Canada. Slide 2 Sales hit a 25-year low in 2025, so even small rebounds feel big. Slide 3 Rates likely bottomed, pulling buyers back—but rising inventory caps price growth. Slide 4 Detached homes ↓ 4.2%, condos ↓ 5.1%. Slide 5 Even softened,…
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First-Time Homebuyer in Canada Guide
First-time homebuyers in Canada should determine their budget, get pre-approved for a mortgage, and estimate upfront costs including down payment (5-20%), closing costs (2-4%), CMHC insurance if under 20% down, legal fees, land transfer tax, property tax, home insurance, and moving expenses. Building a real estate team and understanding the local market are crucial. Various…
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