Saeed Farahani’s Blog
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Happy Long Weekend!
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Vancouver home sales fall 10% in June but board believes momentum could be building
Vancouver-area home sales fell 9.8% in June to 2,181, a smaller decline than previous months, suggesting potential recovery. New listings rose 10.3%, and active listings increased 23.8%, well above average. Mortgage rates have dropped about 2% since last summer, improving buyer conditions. Prices remain stable, with the benchmark at $1,173,100, down 2.8% year-over-year. Apartment sales…
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Vancouver’s Hot Market Finally Hits Pause
Vancouver’s Real Estate market is currently in decline, contrasting with upward trends in other regions. Home prices in Vancouver dropped in the second quarter of 2025, indicating weakening buyer demand. The city's Real Estate sector is cooling despite persistent supply challenges and economic uncertainty. Vancouver’s property values are no longer leading national growth, reflecting market…
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کاهش قیمت خانه در Ontario و B.C.—اما این روند دوام نخواهد داشت
بازار مسکن کانادا در حال تثبیت است اما با یک بازتنظیم محلی روبروست. در Ontario و B.C. قیمت‌ها و فروش کاهش یافته و انتظار می‌رود تا سال ۲۰۲۶ بازار دوباره رشد کند. Toronto با مازاد عرضه کاندو مواجه است و Vancouver بر ساخت واحدهای اجاره‌ای تمرکز دارد، در حالی که قیمت‌ها بالا و نرخ خالی…
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Home Financing Tips for First-Time Buyers
Buying your first home requires careful financial planning. Key mortgage terms include principal, interest, amortization, and equity. Mortgage types include fixed-rate, adjustable-rate, and government-backed loans. Preparation involves assessing financial health, saving for a down payment, and budgeting for extra costs. First-time buyers should get pre-approved, understand options, and negotiate terms. Specialized loans exist for low-income,…
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Is Vancouver Real Estate Entering a Buyer’s Market?
Vancouver home sales ↓ 18.5% yearly in May to 2,228 transactions. May sales were ↓ 30.5% below the 10-year seasonal avg. New listings ↑ 3.9% to 6,620 in May, ↑ 9.3% above the 10-year avg. Total active listings hit 17,094, ↑ 25.7% yearly — the healthiest inventory in years. Avg days on market increased, with…
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Metro Vancouver Rents Fall Nearly 6% in Mid-Q2
Slide 1 Metro Vancouver rents dropped 5.9% in May 2025, averaging $2,830—Canada’s largest monthly decline. Slide 2 Shared rent prices in Metro Vancouver fell nearly 10%, the biggest drop nationwide in that category.
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How to Know if a Home Fits Your Lifestyle?
Research local schools even if you don’t have kids — they influence home values. Consider internet availability and speed, especially for remote work or streaming needs.
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Op-Ed: A Return to Real Estate 101 — Resetting Expectations For Multifamily Housing
The condo markets in Toronto and Vancouver have slowed, leading developers to shift toward purpose-built rentals amid economic uncertainty and tighter lending policies. Key strategies include opting for long-term loans to lock in rates, early rate locks to avoid volatility, and adopting an operator mindset focused on tenant needs. Early lender engagement is crucial to…
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Vancouver’s Developers Pivot: Rentals Replace Condos Fast
Vancouver’s condo market has cooled significantly since the peak in mid-2022.Condo apartment sales in Vancouver dropped 37% by Q1 2025
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