Zanyar Farhadi’s Blog

High immigration levels and mortgage prices are causing would-be homebuyers to remain in rental units in Metro Vancouver. The region has one of the lowest vacancy rates in Canada, with an average turnover rate for rental units decreasing. Factors such as population growth and rising mortgage rates are keeping downward pressure on vacancy rates, making…

Inflation is no longer an immediate threat, and bond markets anticipate over 1.00% interest rate cuts. REBGV expects ↓ 0.50% in the BoC policy rate, forecasting robust spring and summer markets with increased sales activity.

Vancouver’s office market has taken a step closer to stability as the overall national office market picture remains challenging.In 2023, tenants absorbed 292K sq ft, dropping downtown vacancy to 11%.

Valentine’s Day occurs every February 14 around the world, and candy, flowers and gifts are exchanged between loved ones, all in the name of St. Valentine Valentine greetings were popular as far back as the Middle Ages, though written Valentine’s didn’t begin to appear until after 1400. By the middle of the 18th, it was…

Vancouver's one-bedroom rent has fallen for the fourth consecutive month, dropping 1.1% to $2,700.Two-bedroom rents in Vancouver have also declined, decreasing by 2.8% to $3,890 during this period.

Asking rents for apartments in Vancouver ↓ 0.7% yearly to $3,059. 1-bed apartment rent: ↓ 5.8% MoM but ↑ 4% yearly to $2,700

恭喜發財. Wishing you prosperity. Lunar New Year, is the most important celebration observed in China, with cultural and historic significance.The New Year celebration is centered around removing the bad and the old, and welcoming the new and the good. Traditional activities include reunion dinner, cleaning houses, visiting family members, setting off firecrackers and fireworks, and…

Office and industrial markets in Vancouver adjusting due to rising interest rates and economic slowdown, with potential relief in H2 2024.Retail sector labeled most stable, outperforming expectations, thanks to low supply and strong demand.

The avg rent for an unfurnished one-bedroom apartment in January is $2,441, ↓ MoM, while furnished stands at $3,085.Avg rent prices for two-bedroom apartment in Vancouver in January: Unfurnished: $3,610, ↓ MoM Furnished: $4,383, ↑ MoM