Saeed Farahani’s Blog

Housing starts in Metro Vancouver increased by 50% in the first seven months of 2023 compared to the same period in 2022.

The Vancouver City Council voted to approve a "missing middle" motion which will allow multiple housing units on the majority of single-detached lots in the city. The motion, which will be accepted in December, will simplify residential zoning by consolidating nine different residential zoning types into a single zoning type. It will also allow up…

Despite ↓ yearly, Toronto and Vancouver detached home prices remain elevated.

Vancouver's housing market is known for high prices and low affordability, exacerbated by wealthy foreign buyers and speculative investments. .

The City of Vancouver is considering a policy to enable up to 6 strata ownership units or 8 secured purpose-built rental units on a single-family lot through expanded multiplex construction. This policy would decrease the size of the total floor area of a new single-family detached house on such lots, from the current limitation of…

The perfect opportunity to embrace your inner "foodie" and unbutton your pants at the dinner table!In Canada, post-Thanksgiving is all about creative cranberry sauce solutions. Cranberry sauce pancakes, anyone?It's that time when multiple ovens are a blessing. Turkey, pies, casseroles – less stress!

The minimum annual income needed to buy a home in Vancouver has increased to $246,100, according to Ratehub.ca. Despite a small decrease in the average home price, the rise in mortgage rates has caused affordability to worsen. Vancouver has the highest average home price in Canada at $1,208,400, and the median income for an individual…

Vancouver Island condos face high maintenance fees, ranging from $350 to $800 monthly. .

The Vancouver City Council passed a motion to allow for multiplex and character homes to be built on single lots with a maximum of 8 homes. This includes a reduction in the size of single-detached homes but increases the size of laneway houses. The nine RS residential zones have been combined into a new R1-1…

There’s an upward momentum in detached house prices in Toronto, Vancouver and Fraser Valley.