Saeed Farahani’s Blog

  • Vancouver Condos: 60% Inventory Surge in 2025

    Vancouver Condos: 60% Inventory Surge in 2025

    Condo inventory in Metro Vancouver is projected to rise 60% by the end of 2025. High costs, investor pullback, and weak demand are fuelling record unsold condo levels.

  • Vancouver’s Rental Crown Lost: North Vancouver Takes Over

    Vancouver’s Rental Crown Lost: North Vancouver Takes Over

    North Vancouver tops Canadian rent charts: $2,680 for one-bedroom, $3,563 for two-bedroom units in April. Vancouver slips to second place with average rent at $2,536 for one-bedroom, $3,414 for two-bedroom.

  • Vancouver Forecast for Rest of 2025

    Vancouver Forecast for Rest of 2025

    Home prices projected to decline by 4.1% due to high inventory. Luxury market most impacted by rate sensitivity.

  • Budgeting

    Budgeting involves creating a plan for spending and saving money, resulting in a written budget that helps manage finances effectively. It aids in setting spending limits, living within means, managing debts, and prioritizing important expenses. To create a budget, record total net income, track spending habits, identify financial goals, and develop a plan that adjusts…

  • Vancouver’s Vacant Towers: A Housing Paradox

    Vancouver’s Vacant Towers: A Housing Paradox

    Metro Vancouver has over 2K unsold new condos, expected to rise to 3,500 in 2025. Despite record construction, buyer interest is low and pre-sale numbers are sharply declining.

  • How the Trade War Hit Vancouver’s Luxury Real Estate

    How the Trade War Hit Vancouver’s Luxury Real Estate

    Vancouver’s luxury housing market saw Canada’s steepest first-quarter decline due to economic and geopolitical uncertainty.Sales of homes over $4 million dropped 48%, with condo sales over $1 million down 27%.

  • Vancouver Tops National Rent Charts Again in Mid-Q2

    Vancouver Tops National Rent Charts Again in Mid-Q2

    Vancouver remains Canada’s most expensive rental city, driven by limited supply and persistent cost pressures. As of May 2025, avg rents are $2,520 for one-bedrooms and $3,450 for two-bedrooms, leading the national market.

  • Where Should You Live in Vancouver?

    Where Should You Live in Vancouver?

    Kitsilano is loved for its beach lifestyle, family-friendly vibe, and top schools. West Point Grey offers luxury living, elite schools, and proximity to UBC and scenic beaches.

  • Vancouver’s Luxury Housing Market Cools

    Vancouver’s Luxury Housing Market Cools

    Luxury home sales ↓ 48%, with no $10M+ ultra-luxury homes sold in Q1 2025. Overall $1M+ sales fell 30%, reflecting declining demand in high-end segments.

  • 5 Luxury HOA Upgrades That Can Increase Your Property Value

    Luxury HOA upgrades like gated access with smart security, resort-style pools, outdoor entertainment spaces, high-end landscaping, and tech-integrated co-working lounges boost property value and community appeal. These features enhance safety, wellness, social interaction, and remote work convenience. Additional amenities include concierge services, art installations, and pet-friendly facilities. Successful implementation requires resident input, phased planning, and…

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