Dr Sam Mehrbod’s Blog
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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…
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Metro Vancouver’s New-Build Housing Poised for Fresh Opportunities
Slide 1 Metro Vancouver’s presale housing market hit decade-low: only 35 new projects launched this year. Slide 2 Presale sales plummeted 85% from historic norms — fewer than 400 units sold in 2025. Slide 3 High interest rates push everyday buyers aside, while past projects flood today’s market with inventory. Slide 4 Oversupply now, but…
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کاهش معاملات و آگهیهای املاک در Kootenay-Boundary در ماه اوت
فعالیت بازار املاک در منطقه Kootenay-Boundary در ماه اوت با کاهش جزئی در فروش و آگهیهای جدید همراه بود؛ ۲۷۸ معامله مسکونی و ۴۲۹ آگهی جدید ثبت شد که هر دو نسبت به ماه قبل کاهش داشتند. تعداد آگهیهای فعال نسبت به سال گذشته ۴.۳٪ کاهش یافت. قیمت معیار خانههای تکخانواری ۲.۵٪ و تاونهاوسها ۳.۱٪…
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Will Falling Prices Boost Vancouver Sales?
Vancouver residential sales ↑ 3% yearly in August 2025 to 1,959. Detached and attached home sales increased over ↑ 10%, showing higher-priced buyers re-entering the market. Total MLS listings ↑ 17.6% yearly to 16,242, ↑ 36.9% above the 10-year avg. Metro Vancouver’s composite benchmark price ↓ 3.8% yearly to $1.15M in August. Aligned expectations increased…