Zanyar Farhadi’s Blog
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Vancouver-area home sales surge in October amid lower borrowing costs
Home sales in Greater Vancouver surged 31.9% in October compared to last year, indicating a potential rebound following the Bank of Canada's interest rate cuts. There were 2,632 sales, just 5.5% below the 10-year average, with 5,452 new listings, up 16.9% from last year. The total listings reached 14,477, 26.2% above the average. In the…
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Check out my listing Address: 505 750 DOGWOOD STREET
Welcome to Kira! This stylish 2-bedroom, 1-bathroom condo features a fitness center, community garden, and rooftop lounge. The suite boasts a bright and airy living/dining room, laminate flooring, and carpeting in the bedrooms. It includes HRV energy-efficient heating, 9-foot ceilings, a sleek kitchen with a 5-burner gas stove, and large windows equipped with "Wood-style 2"…
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Vancouver Home Sales Decline 3.8% in Late-Q3
Home sales in Vancouver ↓ 3.8% in September compared to last year. 1,852 residential homes were sold in Vancouver during September, 26% below the 10-year avg.
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Vancouver looks to help religious groups build affordable housing
Vancouver City Hall is considering a plan to assist faith groups in building affordable housing. A motion from Coun. Rebecca Bligh aims to streamline the redevelopment process for churches and religious organizations that own tax-exempt land. Bligh highlighted the need for these groups to contribute socially while managing their properties. Support from local faith leaders…
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Metro Vancouver: Declining Sales and Rising Listings in Late-Q3
Home sales in September: – Fraser Valley: ↓ 10% yearly to 982 sales – Greater Vancouver: ↓ 4.1% yearly to 1,834 sales Inventory levels have increased: – Fraser Valley: ↑ 17% yearly to 3,352 – Greater Vancouver: ↑ 12.8% yearly to 6,144
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Can Indigenous urbanism counter Vancouver’s pressing lack of housing?
Vancouver is experiencing a severe housing shortage, worsened by foreign investment, making it hard for middle and low-income residents to afford living there. The Squamish Nation is addressing this by reclaiming land and developing the Senakw project, which will include 6,000 rental units, with 1,200 designated for low-income residents. Despite its aim to alleviate the…
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83 New Units in Downtown Vancouver
83 new affordable homes for diverse residents were completed in Downtown Vancouver, supporting various community needs.These homes, secured through inclusionary zoning, are part of a mixed-use building.
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Check out my listing Address: 19451 SUTTON Unit #210, Pitt Meadows, British Columbia V3Y0G6
Sought after Nature's Walk backing onto a pond/green space with mountain views. The lovely home boasts an open-concept main floor. The dream kitchen has a large island with modern finishings including a built-in desk, pantry, quartz countertops & flat-panel cabinetry. Upgrade kitchen cabinet pull-out draws, invisible window screens and hallway Vinyl flooring. The master retreat…
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Vancouver to vote on single-stairwell buildings
Vancouver city council is considering changes to building bylaws that would permit only one stairwell in residential buildings up to six storeys, aiming to increase living space. This aligns with recent provincial legislative updates. While proponents argue it enhances design and functionality, fire chiefs express concerns about safety, stating that a single exit could hinder…
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Building Permits Surge Amid Vancouver Buyers’ Market
B.C. building permits more than doubled, reaching $2.4 billion. Multi-family permits saw a 152% increase, while non-residential permits rose by 99%, especially in industrial and institutional sectors.
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