Saeed Farahani’s Blog
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Happy Holidays
The middle of winter has long been a time of celebration around the world. Many peoples rejoiced during the winter solstice, when the worst of the winter was behind them, and they could look forward to longer days and extended hours of sunlight.Popular modern customs include gift-giving and the display of various holiday decorations.Here's wishing…
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Map: Here are the cheapest neighbourhoods to rent in Metro Vancouver this December
In Metro Vancouver, Newton in Surrey offers the cheapest one-bedroom rent at $1,569. Abbotsford follows closely at $1,580. Several Surrey neighborhoods have rents under $2,000, including Guilford, Fleetwood, Surrey City Centre, and South Surrey. White Rock, Langley, and Richmond's Steveston also offer affordable options. Vancouver's least expensive areas are Victoria-Sunset Fraserview, Marpole, and Killarney, all…
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Two Metro Vancouver cities see rent rise as others fall to historic lows
Rent in Vancouver has dropped to its lowest level since March 2022, with a 1.8% decrease for one-bedroom units compared to October and a 5% drop year-over-year. North Vancouver remains the priciest rental market in Canada. While most Metro Vancouver cities saw rent declines, Coquitlam and Langley experienced slight increases. Despite the decreases, Vancouver rents…
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Vancouver Luxury Homes Confused by Multiplex Zoning
Slide 1 – Hook “Vancouver luxury buyers are confused—every single-family lot now whispers ‘multiplex potential!’” Slide 2 – Luxury Buyer Psychology “High-end buyers avoid multiplex neighbors; they pay for exclusivity, not shared walls nearby.” Slide 3 – Developer Dilemma “Developers hesitate: soft market, high costs, and uncertain profits block multiplex projects.” Slide 4 – Market…
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Will Vancouver Housing Market Rebound in 2026?
Vancouver prices are expected to trend downward into early 2026. Rising inventory will continue pressuring Vancouver’s affordability and activity. Vancouver buyers will likely wait for deeper price adjustments. Vancouver’s recovery will remain slow due to extreme affordability barriers. Economic improvements may help stabilize Vancouver by late 2026.
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پیشبینی بازار مسکن کانادا برای سالهای ۲۰۲۵ و ۲۰۲۶
انتظار میرود بازار مسکن کانادا در سال ۲۰۲۵ با کاهش جزئی معاملات (۱.۱٪-) و افت قیمتها (۱.۴٪-) مواجه شود که عمدتاً ناشی از سرد شدن بازار در بریتیش کلمبیا و انتاریو است. با این حال، استانهایی مانند کبک، ساسکاچوان و منیتوبا پیشبینی میشود رشد داشته باشند. در سال ۲۰۲۶، انتظار میرود بازار با افزایش ۷.۷٪…
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Will Vancouver Prices Adjust Amid High Inventory?
Vancouver home sales fell 15.4% to 1,846 in November, with inventory up 14.4% to 15,149. Benchmark prices declined: detached $1.9M, condos $714K, townhouses $1.06M.
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Vancouver Homebuyers Benefit from Lower Prices and More Choices
Vancouver-area home sales dropped 15.4% year-over-year in November, with 1,846 sales recorded, 20.6% below the 10-year average. The composite benchmark price fell 3.9% to $1,123,700. Inventory rose 14.4% to 15,149, 36% above the 10-year average, leading to longer selling times and softer prices. Detached, condo, and townhouse prices declined by 4.3%, 5.2%, and 4.4% respectively.…
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Five steps to getting your mortgage refinance started
Refinancing a home can lower interest rates and provide access to home equity for long-term investments. Before proceeding, assess if refinancing is the right choice by evaluating current property values and potential debt implications. Ensure you can afford application fees and understand payoff amounts. Gather necessary documents, including pay stubs and tax returns, and explore…
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Vancouver Homebuyers Enjoy More Choices as Prices Ease
Greater Vancouver home prices fell 0.3% in November to $1,123,700, down 3.9% from last year and 10.8% below the 2022 peak, marking the lowest since 2023. Sales dropped 15.4% from last year to 1,846, nearly half the 2021 peak. Inventory rose 14.4% to 15,149 active listings, the highest November level since 2012, giving buyers increased…
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