Saeed Farahani’s Blog
-
Vancouver housing: Cost to rent an apartment in July 2023
Rental prices in Metro Vancouver have increased for the fourth consecutive month, with the average price of a one-bedroom unfurnished apartment increasing by $51 from June to July. Prices have risen year-over-year as well, with an increase of $352 since July 2022. All of the top five most expensive cities for renters in Canada are…
-
Resilient Luxury Real Estate Markets Around Canada
Canadian luxury Real Estate markets show strong and stable growth. Montreal's Westmount and Outremont neighborhoods saw home values ↑ $1M over a 10-yr period. Ottawa's premium market prices ↑ 3% for homes valued between $1M and $3.99M from January to June.
-
Vancouver Housing Market Rises Again
Vancouver's housing market is one of the world's richest and most expensive. The surge in prices is due to a shortage of new houses and the expectation that interest rates will come down in Canada. Rates are currently 4.75%, and inflation has risen 17% over the last 5 years. Modest houses in Vancouver cost a…
Got any book recommendations?