Saeed Farahani’s Blog

Vancouver home sales ↓ 2% in July but signs of recovery are emerging fast. Prices ↓ slightly to $1.16M, but rising sales could soon shift the market balance.

Homeownership still demands 92.7% of median household income. Affordability has improved for five straight quarters, but remains worse than pre-pandemic. Ownership costs are easing, especially in the condo market. Prices are expected to soften further as buyer conditions improve. Lower rates may help, but confidence hinges on broader economic stability.

Forecasted 2025 price dip (~1–2%) as more listings hit the market. Buyers retaining leverage; resale-to-new listing ratios remain weak.

Home sales expected to rebound, supported by improving economic conditions and easing trade tensions. Average prices may rise slightly as demand returns and inventory remains limited. Rental vacancies to edge higher, but rent increases will continue moderately. Construction activity may pick up, especially in high-density developments. Investor sentiment improving with greater clarity on trade and…

Market slowdown stabilizes as inventory balances with buyer demand. High construction costs delay new condo projects. Average prices expected to decline slightly. Rental supply grows, easing competition for tenants. Developers adopt a cautious wait-and-see approach.

Market slowdown stabilizes as inventory balances with buyer demand. High construction costs delay new condo projects. Average prices expected to decline slightly. Rental supply grows, easing competition for tenants. Developers adopt a cautious wait-and-see approach.

By late 2025, Vancouver’s condo sales are expected to continue slowing amid market challenges. High interest rates will keep borrowing costs elevated, impacting buyer affordability and financing. Foreign buyer restrictions may limit demand, easing some competition for local buyers. Population growth is slowing, potentially reducing overall condo demand in the near future. Buyers in late…

AAA Real Estate in Vancouver remains in high demand despite broader office market struggles. Lower-tier office buildings face rising vacancies as tenants favour flexible, high-quality spaces with premium amenities.

Downtown vacancy hit 11.9%, suburbs improved to 9.9%. A and AAA offices downtown still attract strong leasing.