Saeed Farahani’s Blog
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Mid-Q1: Home Sales Down 11.7% in Vancouver
Greater Vancouver home sales in February 2025 totaled 1,827, ↓ 11.7% yearly.Sales were ↓ 28.9% below the 10-year seasonal avg, indicating a slower Real Estate market.
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West Point Grey Gets 571 New Rental Homes!
Vancouver council approves a 571-unit rental project in West Point Grey, revamping a long-vacant $96M site. The development includes two towers of 19 and 21 stories, plus a new grocery store and commercial space.
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Is Metro Vancouver’s Housing Market Heading for Stability?
Metro Vancouver home sales ↓ 11.7% in February, totalling 1,827 transactions. New listings ↑ 10.9% yearly to 5,057, pushing total active listings ↑ 32.3% to 12,744.
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Vancouver’s Housing Foundation is Firmer than Toronto’s
The GTA housing market, particularly its condo sector, is experiencing significant weakness, with falling prices and a supply glut. In contrast, the GVA market has shown more resilience, with less impact from interest rate hikes and a more stable affordability backdrop. While both markets began 2025 sluggishly, the GVA is better positioned to outperform the…
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Vancouver: Elite Real Estate That Never Sleeps
Vancouver’s market boasts some of the highest housing costs in Canada, commanding premium prices. Three-bedroom homes average $1,550,000, with a modest annual increase of 1.0%.
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What Signals That Vancouver’s Housing Foundation Is Firm?
The GVA remains more resilient than the GTA, with fewer housing issues and stronger construction growth. Purpose-built rental construction in Vancouver outpaces the GTA, supported by government incentives.
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نشانههایی از کاهش تقاضای ساختوساز در بریتیش کلمبیا پس از سالها فعالیت قوی
بخش ساختوساز بریتیش کلمبیا در سال 2024 با کاهش جزئی مواجه شد، بهطوریکه رشد مسکونی ناشی از نوسازیها نتوانست کاهش پروژههای غیرمسکونی را جبران کند. پیشبینی برای سالهای 2025 تا 2034 رشد متوسط مسکونی و فعالیت متغیر غیرمسکونی را نشان میدهد، در حالی که سطح اشتغال در ساختوساز مسکونی پایدار باقی میماند و مشاغل غیرمسکونی…
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Data points to signs of improvement in lower-tier office space
Calgary is showing improvement in B and C-class office vacancies, with a notable reduction from 31.4% to 25.4% year-over-year. The city implemented conversion and demolition incentives to revitalize its downtown market, resulting in nearly 133,000 square feet of positive net absorption. Other cities like Edmonton, Saskatoon, and Regina also reported declines in vacancies. In contrast,…
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Vancouver Pauses New Supportive Housing Projects
Vancouver council approved a pause on net new supportive housing, impacting future housing for vulnerable populations.BC Housing data shows Vancouver has 1,825 supportive housing units and 1,870 shelter spaces, the highest in Metro Vancouver.
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Vancouver Invests $500K to Prevent Displacement
Vancouver City Council approved $500K in grants to support low-income and vulnerable renters in 2025. $35K was granted to assist Indigenous individuals in overcoming housing barriers and improving stability.
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