Dr Sam Mehrbod’s Blog
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Vancouver real estate markets set to normalize in 2025
Vancouver's real estate market is expected to stabilize by 2026, with growing confidence among tenants and investors. The downtown office vacancy rate is projected to approach the historical norm of 7% as no significant new supply is anticipated for four years. While capital investment is returning, residential development land remains challenged, with activity down 75%…
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Vancouver Plans 17 New Multi-Family Villages
Vancouver will transform 17 low-density residential areas into Villages, featuring low-rise multi-family housing for increased supply. Each Village, within 400 meters of retail streets, will permit buildings of 3 to 6 storeys.
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Key Trends Reshaping Canada’s Commercial Real Estate
The commercial Real Estate sector is recovering after five years of disruption and challenges. Inflation has dropped to 1.6%, improving the economic environment for Real Estate investments.
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Vancouver rents remain high above decreasing national prices
Average rents in B.C. have decreased by 3.4% compared to last year, with Vancouver still having extremely high rents. The national average asking rent in Canada is $2,152, marking the first year-over-year decline in three years. Despite the decrease, renting in Vancouver remains unaffordable, with one-bedroom apartments averaging around $2,700. Many residents are staying in…
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How Much It Costs to Live in Vancouver
Vancouver is ranked the priciest city in Canada, with high housing and living costs. A one-bedroom apartment averages $2,675, and a home costs around $1.2 million in Vancouver.
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Interest Rate Cuts Could Revive Vancouver Market
Vancouver’s housing market sales ↓ 5.7% yearly, totalling 2,783 units in September. Despite improved affordability, buyers remain cautious, awaiting further interest rate reductions and increased inventory.
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How High Are Metro Vancouver Rents in Early-Q4?
October rent prices ↓ $25 yearly to $2,381 1-bed, unfurnished unit rent ↑ $11 MoM to $2,381 in October.
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درک بازار املاک
نکات بازار املاک برای خریداران و فروشندگان شامل درک شرایط اقتصادی، نرخ بهره‌ها و روندهای جمعیتی است. برای خریداران: تعیین بودجه، تحقیق درباره مناطق، استفاده از یک نماینده املاک و انجام بازرسی‌های دقیق. برای فروشندگان: تعیین قیمت مناسب، افزایش جذابیت خیابانی، مرحله‌بندی خانه و بازاریابی موثر. وکلا میراثی برای رسیدگی به معاملات مرتبط با اموال…
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Vancouver Market: Buyer’s Market Ahead
With increased inventory and cooling prices, the market is expected to favour buyers into 2025. Residential sales are projected to remain low due to high borrowing costs and cautious buyer sentiment.
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Here’s how much it costs to rent a one-bedroom apartment in Metro Vancouver this November
Four of Canada's top five most expensive cities for rentals are in Metro Vancouver. Average prices for newly listed one-bedroom, unfurnished units decreased slightly to $2,359 in November 2024. West Vancouver remains the priciest market at $2,896, followed by North Vancouver at $2,583 and Vancouver at $2,548. Surrey is the only city with average prices…