Zanyar Farhadi’s Blog
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Vancouver Far Behind on Building New Homes
Vancouver is falling short of provincial housing targets. The city needs to complete 29K new residential units by 2028.
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Vancouver Property Tax Hike Debate: 7% vs. 5.5%
Vancouver City staff proposes a 7% property tax increase for 2025 to maintain current services. The Mayor wants to limit the increase to 5.5% and find cost savings to offset the difference.
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Vancouver drops below Calgary in world’s most livable cities
Vancouver drops to seventh while Calgary rises to fifth in the Economist Intelligence Unit livability rankings. Vancouver's lower score is attributed to an acute housing crisis affecting infrastructure. Calgary outperforms Vancouver in stability and infrastructure, with lower housing costs. Vancouver excels in culture and environment metrics. Despite the ranking change, Vancouver still performs well globally…
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Check out this open house Listing Address: PH609 53 W HASTINGS STREET
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Check out this open house Listing Address: 605 4134 MAYWOOD STREET
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Vancouver Staff Oppose First Right to Buy by Law
Vancouver City staff advise against a bylaw giving the city first right to buy properties.Proposed "pre-emptive right bylaw" requires property owners to offer sales to the city first.
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Check out my new listing Address: 605 4134 MAYWOOD STREET
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Buying in Vancouver Got Slightly Easier: Required Income Down
A recent report indicates a slight ↓ MoM in the income needed to purchase an avg home in Vancouver. Vancouver's avg home now demands $232K annually.
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Vancouver: Mixed-Use Developments on the Rise
A new zoning code in Vancouver allows for more office uses in industrial areas. This creates mixed-use buildings with office space stacked above industrial uses.
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Vancouver Real Estate: Declining Interest
Vancouver's Real Estate market struggles as homebuyers show less interest. Condo developers face cancellations due to lack of early interest.
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