Naru Menon’s Blog
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बीसी में किराए में राहत, Vancouver अब भी शीर्ष पर
Vancouver में किराए पिछले साल की तुलना में 7.4% कम हुए हैं, फिर भी यह कनाडा के प्रमुख शहरों में सबसे महंगा बना हुआ है। एक बेडरूम के किराए में 6.1% और दो बेडरूम के किराए में 4.4% की गिरावट आई है। अनुमान है कि 2051 तक Vancouver के 55% निवासी बहु-इकाई इमारतों में रहेंगे।…
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Can Canada Double Housing Construction?
Canada plans to double national homebuilding over the next decade through new federal initiatives. Federal housing programs are projected to drive over $1 trillion in economic investment by 2030. The Affordable Housing Fund is expected to create thousands more units as new funding accelerates. Top-up financing is forecast to add over 5,000 new affordable homes…
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Here Are The Cheapest Neighbourhoods To Rent In Metro Vancouver Right Now
Rental prices in Metro Vancouver have generally decreased since last year, though October saw a $52 rise for unfurnished one-bedroom units, averaging $2,223. Cities like Burnaby, Langley, and Vancouver saw rent drops, while North Vancouver, Richmond, and Coquitlam experienced increases. Surrey offers the cheapest rent, with unfurnished one-bedrooms averaging $1,801. Metro Vancouver remains Canada's most…
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Filling Gaps Fast: Infill Solves B.C.’S Housing Crunch
Slide 1 BC renters face soaring costs, limited supply, aging buildings, and stubborn inflation pressures provincewide. Slide 2 Decades of underbuilding left BC relying on rental stock from the 1950s and 1960s. Slide 3 Canada must double housing construction to over 430,000 annual suites to restore affordability. Slide 4 Federal GST removal and provincial Bill…
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बी.सी. इंटीरियर हाउसिंग मार्केट ने अक्टूबर की सुस्ती को दी मात
बी.सी. इंटीरियर रियल एस्टेट मार्केट ने इस बार अक्टूबर में 1,274 बिक्री के साथ दुर्लभ वृद्धि दर्ज की, जो आमतौर पर इस मौसम में देखी जाने वाली मंदी के विपरीत है। सेंट्रल और नॉर्थ ओकानागन में सिंगल-फैमिली होम की कीमतें बढ़ीं, जबकि टाउनहोम और कोंडो की कीमतों में अधिकांश जगहों पर गिरावट आई। साउथ ओकानागन…
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BC Homes: Strong 2025 Finish Sparks Brighter 2026
Slide 1: BC housing wraps 2025 strong, setting the stage for an exciting 2026 recovery Slide 2: residential sales dipped slightly in 2025 to 72,435 units but show strong rebound signs Slide 3: 2026 sales forecast jumps 12.8%, reaching 81,700 homes across british columbia Slide 4: active listings stay healthy near 45,000 homes, balancing the…
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Simple Strategies To Save On Your Mortgage
Buying a house is a significant investment that impacts financial strategies. To become mortgage-free faster, consider strategies like finding the best mortgage through brokers who offer multiple options, choosing a home at the lower end of your price range, and opting for a variable rate mortgage for potential savings. Applying tax refunds to the mortgage…
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Macklem Flags Soft Labour Market as Rate Cut Bets Rise
Despite adding 60,400 jobs in September, Governor Tiff Macklem said Canada’s labour market remains “soft,” with unemployment up to 7.1%. He noted weak hiring and lingering uncertainty, saying recent gains only partially offset earlier job losses across key sectors. The Bank of Canada expects about 1% near-term growth — below potential — as consumption cools…
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Sales Surge: CREA Sees Strong Finish to 2025
In September 2025, Canadian home sales rose 5.2% yearly, reaching 39,700 transactions, the busiest September since 2021. CREA upgraded its 2025 forecast, now expecting 473,093 homes to sell nationally, ↓ 1.1% yearly. The national avg home price ↑ 0.7% yearly to $676K, though CREA predicts a slight 1.4% drop for 2025. Despite improved sales, affordability…
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How Canadian Housing Beats Economic Headwinds
Slide 1 Canada’s economy struggled in 2025, but housing surprisingly stood out as a bright spot. Slide 2 🏠 Housing investment surged thanks to Bank of Canada rate cuts and purpose-built rental support. Slide 3 📊 TD Economics raised its 2025 housing growth outlook, despite cost pressures and regional disparities. Slide 4 ⚒️ Canada must…