Saeed Farahani’s Blog
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City of Vancouver ends support for Arbutus supportive housing project
The planned 13-storey supportive housing tower near Vancouver's future Arbutus SkyTrain Station, initially approved for 129 studio units, will not proceed due to legal challenges and community opposition citing concerns about crime and public disorder. The court ruled against provincial legislative amendments meant to advance the project. The city is reconsidering smaller supportive housing options…
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Metro Vancouver Needs 61% More Homes Annually
To meet 2041 demand, annual completions must rise 61% to 37,757 homes — 14,333 more yearly. Between 2022–2026, the shortfall averages 22,668 units yearly, needing a 97% increase to 46,092 completions.
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Metro Vancouver: Spring Home Sales Slow Despite Listings Surge
April 2025 home sales in Metro Vancouver ↓ 23.6% yearly to 2,163 units sold. New listings in April totalled 6,850, ↓ 3.4% yearly.
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Vancouver Condo Vacancy: 60% Surge in 2025
Unsold Vancouver condos are projected to rise 60%, hitting 3,400 vacant units by end of 2025. Investor interest has collapsed from 50% in 2020–2023 to around 7% in 2025.
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Canadian Housing Market Update: May 2025
In April 2025, Canada's housing market showed stability despite a nearly 10% year-over-year drop in home sales, with affordable regions like PEI and Newfoundland seeing sales increases, while pricier markets such as Ontario and Vancouver experienced declines. Home prices remained steady overall, with notable price drops in expensive markets and gains in Victoria and Montreal,…
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Why Vancouver Leads for 2025 City Life
Vancouver combines vibrant city life with natural beauty. Stanley Park offers a vast urban green escape.
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Vancouver 2025: City Living in Nature’s Cradle
Diverse urban centre with world-class healthcare and transit. Offers a balance of culture, nature, and high-rise living.
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Two Metro Vancouver cities hold on to title as Canada’s costliest places to rent
Rent prices in Canada have generally declined year-over-year, but Vancouver and Burnaby remain the priciest cities for renters. Vancouver's median rent is $2,520 for one-bedroom and $3,450 for two-bedroom units, while Burnaby's median rents are $2,300 and $2,900, respectively. Declines are driven by increased supply, slower population growth, and cautious renters due to high living…
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Metro Vancouver: Furnished Rentals Break Price Records
Metro Vancouver now holds the top five spots for the most expensive rental cities in Canada. The avg rent for a furnished one-bedroom in Metro Vancouver reached $2,491 in April 2025.
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Vancouver’s Rental Popularity Takes a Big Dip
Vancouver's rental demand has declined, ranking 23rd out of 25 Canadian cities in renter popularity. Despite seasonal trends and rising suburban interest, Vancouver remains a top choice for lifestyle and scenery seekers.
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