Dr Sam Mehrbod’s Blog
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Metro Vancouver One-Bedroom Apartment Rent in Early-Fall
Slide 1 Metro Vancouver one-bedroom rent drops for the second consecutive month. Slide2 : Metro Vancouver remains one of Canada’s priciest rental regions, but average one-bedroom costs fell again in September. Slide 3 The average unfurnished one-bedroom rent dropped $35 from August, now sitting at $2,171 this September. Slide 4 Year-over-year, renters are paying $199…
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Vancouver Housing Starts Down Slightly in Early 2025
Single-Detached Housing Starts in Jan–Aug: 1,347 units, ↓ 6% yearly All Others Housing Starts in Jan–Aug: 17,058 units, no change yearly Total Housing Starts in Jan–Aug: 18,405 units, ↓ 1% yearly Canada Total Housing Starts in Aug: 3,806 units, ↓ 10% yearly Canada Total Housing Starts in Jan–Aug: 156,283 units, ↑ 4% yearly
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افزایش گزینهها برای خریداران مسکن در بریتیش کلمبیا
بازار مسکن بریتیش کلمبیا با وجود افزایش جزئی معاملات، همچنان شرایط ضعیفی دارد؛ معاملات ۲۰ درصد پایینتر از روندهای پیش از همهگیری است و قیمتها به دلیل ضعف اقتصادی، محدودیت مهاجرت و عرضه مازاد کاهش یافتهاند. متوسط قیمت خانه ۰.۴ درصد کاهش یافته و به ۹۵۵,۹۰۰ دلار رسیده است؛ این کاهش در مناطق Lower Mainland…
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Vancouver: Livable, Expensive, and Globally Renowned
Vancouver ranked 8th overall but made the list thanks to its global recognition and lifestyle appeal. The city’s avg salary is ~$69,512, but the avg home price is a steep $1.2M, limiting affordability. Its largest industries include technology, tourism, natural resources, entertainment, and construction. The report notes Vancouver’s high cost of living as a reason…
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Vancouver’s Economic Boom and Urban Future
Vancouver’s GDP grew 2.5% in 2023, fueled by tech, tourism, and film, with major firms like Amazon and Microsoft expanding locally. Unemployment fell to 4.5%, as the tech sector alone is projected to expand another 10% in coming years. Real estate surged 12% over the past year, with new housing initiatives targeting 5,000 affordable units…
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More residents, more housing and more highrise towers in store for East Vancouver
Vancouver City Council approved the Rupert and Renfrew Station Area Plan to guide growth around SkyTrain stations for 30 years. Covering 6.6 sq km, it plans over 10,000 new homes, increasing population from 30,900 to 49,600, with high-density towers near stations and mid-rise buildings farther out. The plan includes flood risk management for Still Creek…
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Metro Vancouver: Price Moderation, Regional Divergence
Metro Vancouver shows price moderation with benchmark prices down year-over-year and sales volumes below longer-term averages. Supply and demand vary by municipality; detached homes cooled more than condos, producing divergence across housing types. Immigration and policy changes remain key demand drivers; rental market and rental construction dynamics continue to influence activity. Outlook: careful recovery possible…
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Vancouver Crowned Best Canadian City to Live in
Ranked #3, Vancouver is renowned for stunning natural scenery and outdoor lifestyle. Monthly living costs range from CA$1,673 to CA$2,673. Mild climate and vibrant tech industry make Vancouver a global destination.
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Toronto housing market rebounds but Vancouver recovery remains slow
The Greater Toronto Area saw its busiest July for home sales in four years, with a 10.9% increase to 6,213 homes sold, driven by improved affordability and rising inventory. Average prices fell 5.5% to about $1.05 million. In contrast, Greater Vancouver's market showed a slight 2% sales decline and a 2.7% price drop to $1.17…
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Metro Vancouver: A Buyer’s Market This Fall 2025
Slide 1 Vancouver buyers feel anxious, sellers less hopeful — homes sit 74 to 300+ days on market. ⏳ Slide 2 Sales are lower than nearby cities, mostly because Vancouver’s price points remain way higher. 💸 Slide 3 Locals downsizing drive most sales, while economic uncertainty clouds the market’s future. 🏡➡️🏢 Slide 4 Sellers cling…