Saeed Farahani’s Blog

Condo sales in Vancouver fell 37%, less drastic than Toronto’s 75% plunge. CMHC warns about slowdown, but Vancouver is not as oversupplied as Toronto

MLS® residential sales forecast to dip ~1.1% in 2025 before rebounding 8.8% in 2026. Active listings likely to remain above 40,000 for first time in over a decade

Real Estate affordability in Vancouver has improved consistently over the past five quarters. Vancouver remains Canada’s least affordable market, with ownership costs at 92.7% of household income. Condos have shown the strongest affordability gains, though detached homes also improved. Further price declines are expected due to weak demand and trade-related uncertainty. Home prices remain well…

Vancouver-area home sales fell 9.8% in June, continuing a trend of cautious buyer activity. June sales totalled 2,181, about 25% below the region’s 10-year seasonal average. New listings rose 10.3% year-over-year, while active listings climbed 23.8% to 17,561. The average benchmark price dropped 2.8% year-over-year to $1,173,100 in June. Apartments saw the sharpest decline at…

Vancouver tops Canada’s liveability list with a global score of 95.8 in 2025. It ranks 10th worldwide, thanks to perfect culture and environment scores. High housing prices and hospital wait times impact affordability and healthcare access. Sustainability programs and UBC reinforce Vancouver’s global prestige and eco-conscious appeal. Ideal for outdoor lovers and global citizens seeking…

Vancouver's one-bedroom median rent rose 0.8% in July 2025, reaching $2,540 monthly. Two-bedroom rental prices declined 0.6% month-over-month, with a median of $3,470. Despite the monthly shift, one-bedroom and two-bedroom rents dropped 5.9% and 8.4% year-over-year. Increased rental supply in major urban areas is easing pressure on Real Estate prices. Demand is shifting toward more…