Saeed Farahani’s Blog

  • Vancouver: Can Suburban Growth Offset Pressure?

    Vancouver: Can Suburban Growth Offset Pressure?

    Suburban neighborhoods outperform expensive core districts. Builders increase supply carefully to meet ongoing demand. Entry-level homes absorb fastest; luxury slower. Migration-driven demand continues from high-cost metros. Outlook: ↑2–4% (suburban appreciation leads).

  • How Tech Is Revolutionizing Vancouver Real Estate

    How Tech Is Revolutionizing Vancouver Real Estate

    Vancouver Real Estate integrates technology, offering virtual tours, 3D visuals, and AR renovation apps. Digital tools streamline home searches, saving time and energy for first-time buyers and investors. Online platforms shape Vancouver’s economy, influencing spending, socializing, and discretionary investment patterns. AI and analytics reveal market trends in prices, inventory, and buyer sentiment for informed decisions.…

  • Vancouver home sales edge up as Fraser Valley market slows

    Vancouver-area home sales rose 2.9% in August, with 1,959 sales, still 19.2% below the 10-year average. Sales of detached and attached homes increased over 10%, indicating renewed buyer interest in higher-priced properties. New listings grew 2.8%, and active listings rose 17.6%. The benchmark price dropped 3.8% from last year to $1,150,400. Meanwhile, Fraser Valley sales…

  • Vancouver Home Prices Dip 3.1% in Q3

    Vancouver Home Prices Dip 3.1% in Q3

    Greater Vancouver aggregate home prices fell 3.1% year-over-year to $1,195,500 in Q3 2025. Detached homes decreased 2.4% to $1,712,800; condos down 3.4% to $742,300. High inventory gives buyers selection and negotiating power across the region. Vancouver city: aggregate prices fell 1.9% to $1,383,200; detached $2,203,400. Royal LePage forecasts a 2% aggregate price decline in Q4…

  • Housing affordability improving across Canada, but Vancouver remains least affordable: RBC report

    Housing affordability in Canada is improving due to lower interest rates, stable prices, and income gains, but Vancouver remains the least affordable market. Vancouver households spend 89.2% of income on housing, down from over 100% in 2024. Despite government efforts to increase supply and cool prices, demand still outpaces supply, and affordability remains a major…

  • گزارش BCREA: رشد معاملات مسکن در بریتیش کلمبیا در سپتامبر

    در سپتامبر ۲۰۲۵، بریتیش کلمبیا شاهد فروش ۵,۷۸۲ واحد مسکونی بود که نسبت به سال گذشته ۴.۴٪ افزایش داشته است. میانگین قیمت خانه با رشد جزئی ۰.۴٪ به ۹۴۸,۲۹۶ دلار رسید. حجم کل معاملات نیز با ۴.۸٪ افزایش به ۵.۵ میلیارد دلار رسید. با وجود این رشد، معاملات همچنان ۲۱.۴٪ کمتر از میانگین ده‌ساله سپتامبر…

  • Vancouver home sales rise slightly as borrowing eases

    Metro Vancouver's housing market saw a slight increase in September with 1,875 sales, up 1.2% from last year but still 20.1% below the 10-year average. The benchmark price dropped 3.2% year-over-year to $1.14 million. New listings rose 6.2%, pushing total inventory 14.4% higher than last year and 36.1% above the long-term average. Low sales-to-listings ratio…

  • Vancouver’s Luxury Homes: Fewer Deals, Steady Prices

    Vancouver’s Luxury Homes: Fewer Deals, Steady Prices

    Slide 1: Greater Vancouver luxury home sales drop 39%, but prices only soften slightly this year. Slide 2: 86 detached homes over $5M sold in 2025, averaging $6.6M, median $5.9M. Slide 3: Ultra-luxury homes over $10M dropped to eight sales, compared to 14 last year. Slide 4: Luxury condos fell 38% in sales, yet average…

  • Metro Vancouver One-Bedroom Apartment Rent in Early-Fall

    Metro Vancouver One-Bedroom Apartment Rent in Early-Fall

    Slide 1 Metro Vancouver one-bedroom rent drops for the second consecutive month. Slide2 : Metro Vancouver remains one of Canada’s priciest rental regions, but average one-bedroom costs fell again in September. Slide 3 The average unfurnished one-bedroom rent dropped $35 from August, now sitting at $2,171 this September. Slide 4 Year-over-year, renters are paying $199…

  • Easing Vancouver home prices helps bring buyers back

    Vancouver home sales rose nearly 3% in August year-over-year, totaling 1,959, though still 20% below the 10-year average. Sales of detached and attached homes increased over 10%, indicating renewed buyer interest in higher-priced properties. Listings grew 17.6% to 16,242, 36.9% above the 10-year average. The benchmark price dropped 3.8% to $1.15 million, reflecting easing prices…

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