Saeed Farahani’s Blog

Housing affordability in Canada is improving due to lower interest rates, stable prices, and income gains, but Vancouver remains the least affordable market. Vancouver households spend 89.2% of income on housing, down from over 100% in 2024. Despite government efforts to increase supply and cool prices, demand still outpaces supply, and affordability remains a major…

در سپتامبر ۲۰۲۵، بریتیش کلمبیا شاهد فروش ۵,۷۸۲ واحد مسکونی بود که نسبت به سال گذشته ۴.۴٪ افزایش داشته است. میانگین قیمت خانه با رشد جزئی ۰.۴٪ به ۹۴۸,۲۹۶ دلار رسید. حجم کل معاملات نیز با ۴.۸٪ افزایش به ۵.۵ میلیارد دلار رسید. با وجود این رشد، معاملات همچنان ۲۱.۴٪ کمتر از میانگین ده‌ساله سپتامبر…

Metro Vancouver's housing market saw a slight increase in September with 1,875 sales, up 1.2% from last year but still 20.1% below the 10-year average. The benchmark price dropped 3.2% year-over-year to $1.14 million. New listings rose 6.2%, pushing total inventory 14.4% higher than last year and 36.1% above the long-term average. Low sales-to-listings ratio…

Vancouver home sales rose nearly 3% in August year-over-year, totaling 1,959, though still 20% below the 10-year average. Sales of detached and attached homes increased over 10%, indicating renewed buyer interest in higher-priced properties. Listings grew 17.6% to 16,242, 36.9% above the 10-year average. The benchmark price dropped 3.8% to $1.15 million, reflecting easing prices…

The Vancouver housing market faces conflicting forces: structural undersupply amid a cyclical demand pullback. Challenges include a recessionary economy, job losses, high construction costs, and federal immigration curbs, leading to rising inventory and fewer sales. Despite recent easing, home values remain 32% above 2019 levels, with affordability still poor globally. Long-term prospects remain positive due…