Posted on
June 4, 2025
by
Marie Taverna
Visit cafdn.org to learn more about Children’s Aid Foundation of Canada Building Brighter Futures through ‘Mothers in Mind’The Royal LePage® Shelter Foundation™ is proud to announce a $50,000 grant to the Children’s Aid Foundation of Canada (CACF) in support of their innovative Mothers in Mind (MIM) program. MIM is a trauma-informed, evidence-based initiative designed to support mothers who have experienced intimate partner violence (IPV) while promoting the well-being of their young children. In collaboration with experts in child welfare, child development, and family violence, MIM provides targeted parenting support that strengthens the bond between mothers and their children while helping them heal from trauma. The program is integrated within child protection agencies, where groups are co-facilitated by clinical and child protection staff, ensuring a seamless combination of expertise in children’s mental health and child welfare services. Exploring the NeedIPV continues to be a major issue in Canada, with serious consequences for both women and children. The impact of IPV often increases the likelihood that children will become involved in the child welfare system, affecting their development and long-term well-being. 100 municipalities in Ontario have declared IPV an epidemic1 50% of child welfare investigations in Ontario are IPV related2 40% of Canadian women have experienced IPV over the last decade3
Children exposed to IPV are: more likely to experience developmental delays4 at higher risk for learning disabilities, behavioural issues, and mental health challenges4 more vulnerable to homelessness, poverty, and future involvement in violence, either as victims or perpetrators4
Program benefitsQuality one-on-one time. On a weekly basis, MIM provides children under four with an opportunity for connection and play with their mothers alongside other children close in age Stronger attachments. Mothers and children build vital bonds and warmer, more patient responses to each other and themselves. Improved confidence. Mothers gain valuable parenting experience and take away strategies and tools they can continue to use well after the program ends. Community and connection. With this approach, mothers feel less alone as they connect meaningfully with other women, many of whom have similar histories and life experiences.
“This investment is far more than just financial,” said Lisa Gibbs, Executive Director, Royal LePage Shelter Foundation. “We are deeply aligned with the CACF mission to break the cycle of family trauma and strengthen the vital bonds between mothers who have experienced IPV and their young children.” Visit rlp.ca/donate to make a donation.
Posted on
June 4, 2025
by
Marie Taverna
Ever notice how some spaces make you feel better? Maybe it’s the soft morning light streaming through a window, the soothing scent of lavender, or a room that’s clean and clutter-free. The way your home looks, smells, and functions can directly impact your mood, and small changes can make a big difference in your happiness and well-being. Here are a few tips to help make your home into a feel-good space: Switch up your wall art: What you look at every day influences your mood and mindset. Art that feels uplifting and inspiring can set the tone for your space. Let the light in: Natural light is a proven mood booster. It regulates sleep, improves focus, and increases serotonin levels. Consider adding mirrors in darker spaces, cleaning your windows to allow more light in, and using warm LED bulbs for a cozy glow in the evenings. Elevate your space with scent: Certain scents can promote calmness, energy, or relaxation, just like a spa or cozy cafe.Try diffusing lavender or chamomile essential oils for stress relief, or choose a citrus scent like lemon or grapefruit, which are known to boost energy and focus. Brighten up your bedding: Your bedroom should feel like a retreat – dark, heavy colors can make a space feel dull and draining. Swap your bedding for lighter, airy tones like white, soft pastels, or warm neutrals, and consider adding texture with throw pillows or a cozy blanket for an inviting feel. Declutter for a clear mind: A cluttered space can create mental overwhelm, while a tidy home promotes calm and clarity. Organize high-traffic areas with baskets and trays and consider donating unused items to create more open, breathable spaces Your home should be a place that uplifts and energizes you. By making a few small adjustments, you can create a space that enhances your daily happiness, focus, and relaxation.
Posted on
June 4, 2025
by
Marie Taverna
Thinking about a yard refresh? You might want to rethink that perfectly manicured lawn. Today’s homebuyers are shifting away from high-maintenance grass and prioritizing eco-friendly, low-maintenance landscapes that add both curb appeal and real value. Here are a few low-maintenance designs you can integrate into your outdoor space today. What’s In: Low-Maintenance and Sustainable LandscapingDrought-Resistant Plants: Native plants and xeriscaping are gaining popularity for their water efficiency and easy upkeep. Pollinator Gardens: Flowers and plants that attract bees, butterflies, and birds boost biodiversity and require minimal care. Eco-Friendly Alternatives: Artificial turf, clover lawns, and ground covers are replacing traditional grass, offering lush greenery without the need for constant mowing. Functional Outdoor Spaces: Stone pathways, fire pits, and raised garden beds have been growing in popularity thanks to their usability without the extra work.
What’s Out: High-Maintenance YardsLarge Grass Lawns:Constant watering, fertilizing, and mowing can turn buyers away. Complicated Flower Beds: While gardens are appealing, buyers prefer low-maintenance perennials over finicky flowers. Extensive Landscaping Features: Water fountains and elaborate hedges may look nice, but they’re often viewed as extra upkeep and expenses.
Whether you’re selling your home or just want a refresh, opting for low-maintenance, eco-friendly landscaping can boost curb appeal without the hassle. For more advice on how to maximize your home’s value, check out the Royal LePage Blog.
Posted on
June 4, 2025
by
Marie Taverna
Your home is prepared for winter, but what about the summer months? We tend to think of home insurance in the context of wintery conditions: frozen pipes, roof leaks from melting snow, fallen trees and icy walkways. But, summer brings its own set of risks, and many homeowners aren’t aware of the potential gaps in their coverage. Imagine a summer storm knocks a tree onto your fence. Are you responsible, or is your neighbour? A guest slips near your pool — are you liable? Or, if a short-term renter causes damage, will your insurance cover the repair costs? Before summer is in full swing, here’s what every homeowner should double-check in their insurance coverage. Summer Storms: What’s Actually Covered?Stormy weather, particularly in warm and humid months, can be unpredictable. High winds, hail, and heavy rain can do more damage than you think. While most home insurance policies cover storm-related damage, flooding can be a different story. Here’s what to check: Wind and hail damage: Confirm if your policy includes roof and structural repairs. Overland flood insurance: Standard plans may not cover overland/rainwater flooding. Tree damage liability: If a tree growing in your yard damages your neighbour’s property, who’s on the hook? Policies tend to vary on responsibility.
Poolside Risks: Are You Liable?A pool is the ultimate summer luxury, a place for relaxation and making memories. Ensuring your insurance covers unexpected accidents means you can host poolside parties worry-free, knowing you’re protected if anything happens. If you don’t follow the regulations, your coverage may be void in the event of an accident. Here’s what to check: Liability coverage – $2 million is recommended if you have a pool. Guest access rules – Policies can limit coverage for non-household members. Safety compliance – You may require self-closing gates and fencing.
Renting Your Home? Listing your home or cottage on a short-term rental website like Airbnb, Vrbo or Booking.com? Your standard insurance policy may not cover guest-related damages or liability claims. Review your policy for: Home-sharing coverage: Some insurers don’t offer short-term rental policies. Guest damage protection: Airbnb’s Host Guarantee policy isn’t a replacement for insurance. Local bylaws and permits Some cities require permits in order to list a home for short-term rentals. Non-compliance could void coverage.
Protect Your Home Before Summer StartsA quick insurance check-up now can save you from big headaches later. Please check your local area if short term rental are allowed. In British Columbia there are many communities that short term rentals are not allowed or are limited.
Posted on
June 4, 2025
by
Marie Taverna
According to the Royal LePage® House Price Survey and Market Forecast, the aggregate1 price of a home in Canada increased 2.1% year over year to $829,400 in the first quarter of 2025. On a quarter-over-quarter basis, the national aggregate home price rose a modest 1.2%. When broken out by housing type, the national median price of a single-family detached home increased 2.8% year over year to $868,700, while the median price of a condominium increased 1.0% year over year to $598,000. Housing market activity has been softer than expected so far this year, especially in Ontario and British Columbia. Meanwhile, comparatively strong demand paired with low supply has led to price appreciation in the province of Quebec, the Prairies and Atlantic Canada, despite ongoing geopolitical tensions and economic uncertainty. “The typical spring market didn’t kick off as energetically as expected, and geopolitical uncertainty is playing a major role,” said Phil Soper, president and CEO, Royal LePage. “Even if these measures don’t directly impact housing, they contribute to a climate of caution that weighs heavily on large consumer decisions, at home and around the world.” According to a recent survey,2 49% of Canadians say they are confident in the country’s economy today, including only 6% who are very confident. Meanwhile, 43% say they are not confident. Respondents in the province of Quebec are the most confident, while those in the Prairies are the least confident. “Canada has weathered economic storms before, including the 2008 financial crisis and the 2020 pandemic, emerging with a reputation for steady leadership and economic resilience,” said Soper. “The housing market continues to provide people with a reliable foundation in uncertain times, with price stability and mortgage default rates that remain among the lowest in the world. While some sectors will be harder hit than others by prolonged trade disruptions, both federal and provincial governments have the tools and fiscal capacity to support those most affected.” Royal LePage is forecasting that the aggregate price of a home in Canada will increase 5.0% in the fourth quarter of 2025, compared to the same quarter last year. Learn more:
Posted on
June 4, 2025
by
Marie Taverna
May saw inventory levels across Metro Vancouver reach another ten-year high, while home sales registered on the MLS® remained muted. The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,228 in May 2025, an 18.5 per cent decrease from the 2,733 sales recorded in May 2024. This was 30.5 per cent below the 10-year seasonal average (3,206).
“While there are emerging signs that sales activity might be turning a corner, sales in May were below the ten-year seasonal average, which suggests that some buyers are still sitting on the sidelines or are being especially selective,” said Andrew Lis, GVR’s director of economics and data analytics. “On a year-to-date basis, sales in 2025 rank among the slowest to start the year in the past decade, closely mirroring the trends seen in 2019 and 2020. It’s worth noting that sales rebounded significantly in the latter half of 2020, but whether sales in 2025 might follow a similar pattern remains the million-dollar question.”
There were 6,620 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in May 2025. This represents a 3.9 per cent increase compared to the 6,374 properties listed in May 2024. This was 9.3 per cent above the 10-year seasonal average (6,055).
The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 17,094, a 25.7 per cent increase compared to May 2024 (13,600). This is 45.9 per cent above the 10-year seasonal average (11,718).
Across all detached, attached and apartment property types, the sales-to-active listings ratio for May 2025 is 13.4 per cent. By property type, the ratio is 10.2 per cent for detached homes, 17.4 per cent for attached, and 14.7 per cent for apartments.
Analysis of the historical data suggests downward pressure on home prices occurs when the ratio dips below 12 per cent for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months.
“With some of the healthiest levels of inventory seen in years, many sellers are adjusting price expectations, which has provided buyers more negotiating room and kept a firm lid on price escalation over the past few months,” Lis said. “From a seasonal perspective, sales in the summer months are typically quieter than the spring, but with such an unusually slow spring, we may have an unusually busy summer with so many having delayed their purchasing decisions. Either way, the market continues tilting in favour of buyers, which bodes well for anyone looking to make a purchase this summer.”
The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,177,100. This represents a 2.9 per cent decrease over May 2024 and a 0.6 per cent decrease compared to April 2025.
Sales of detached homes in May 2025 reached 654, a 22.7 per cent decrease from the 846 detached sales recorded in May 2024. The benchmark price for a detached home is $1,997,400. This represents a 3.2 per cent decrease from May 2024 and a 1.2 per cent decrease compared to April 2025.
Sales of apartment homes reached 1,087 in May 2025, an 18.8 per cent decrease compared to the 1,338 sales in May 2024. The benchmark price of an apartment home is $757,300. This represents a 2.4 per cent decrease from May 2024 and a 0.7 per cent decrease compared to April 2025.
Attached home sales in May 2025 totalled 469, a 10.3 per cent decrease compared to the 523 sales in May 2024. The benchmark price of a townhouse is $1,106,800. This represents a 3.4 per cent decrease from May 2024 and a 0.4 per cent increase compared to April 2025.
| Download GVR's May 2025 MLS® Housing Market Report |
Posted on
June 1, 2025
by
Marie Taverna
Owning an inground pool is like having your own private paradise; endless fun, relaxation, and memories to be made. But let’s be real, it also takes some work to keep that oasis in tip-top shape. Whether you’re a first-time pool owner or just looking to level up your maintenance game, this guide has you covered with everything you need to keep your pool sparkling. Test and balance your pool waterMaintaining balanced water chemistry is critical for the health of your pool and the safety of swimmers. Test regularly: Use a testing kit or test strips to check the pH, chlorine, and alkalinity levels at least once a week. Balance pH levels: Keep the pH between 7.2 and 7.8 for optimal comfort and equipment longevity. Sanitize with chlorine: Maintain proper chlorine levels (1-3 ppm) to kill bacteria and keep the water clear.
Clean your pool regularlyA clean pool is a happy pool! Establish a routine to remove debris and prevent algae buildup. Skim the surface: Use a pool skimmer daily to remove leaves and debris before they sink. Brush and vacuum: Brush the walls and floor weekly to prevent algae growth. Invest in a robotic pool cleaner to save time and energy. Empty the skimmer basket: Ensure the skimmer basket is free of debris to maintain proper filtration.
Maintain your pool equipmentYour pool’s filtration system and equipment play a major role in keeping the water clean and safe. Check the pump and filter: Run the pool pump for 8 to 12 hours daily during the swimming season. Clean or replace the filter cartridge as needed. Inspect pool accessories: Regularly check ladders, rails, and diving boards for wear and tear. Backwash the filter: If you have a sand or DE filter, backwash it every 4 to 6 weeks or as needed to maintain efficiency.
Winterize your poolIf you live in a colder climate, properly closing your pool for winter is crucial. Balance the water: Before closing, adjust the pH, alkalinity, and calcium hardness to recommended levels. Clean and cover: Thoroughly clean the pool and install a sturdy pool cover to keep debris out during the off-season. Winterize equipment: Drain water from the pump, filter, and heater to prevent freezing.
Schedule professional inspectionsRegular professional inspections can catch potential issues before they become costly repairs. Annual service: Schedule a yearly inspection of your pool and equipment by a certified pool technician. Leak detection: If you notice a sudden drop in water levels, consult a professional for leak detection services.
Add a personal touchYour pool is part of your home, so make it a space you love. Consider adding decorative tiles, cozy seating areas, or stylish poolside landscaping to enhance its appeal. With consistent maintenance, proper cleaning, and attention to water quality, you can keep your pool sparkling and ready for use all season long. Whether it’s skimming debris, balancing water chemistry, or investing in professional inspections, taking these steps will ensure your pool remains a source of relaxation and enjoyment for years to come.
Posted on
June 1, 2025
by
Marie Taverna
When we think about decluttering our homes, we tend to focus on all the stuff we need to get rid of. But how did all of that “junk” get there in the first place? Junk doesn’t walk into your home uninvited. You open the door and – whoosh! – in it comes, carried by your own two hands. It’s time to stop inviting the clutter inside and break up with your junk for good. If you’re ready to reclaim your space and call it quits with the chaos, here are eight easy ways to break up with your junk! 1. Set limits on items that tend to accumulateHow many grocery bags does a household need? Pick a number, any number. Then return extras to the grocery store. While you’re at it, part ways with wire hangers, and return them to the dry cleaner. Just say “no” to those promotional freebies like pens and keyrings. Setting these limits will ensure you have enough essential items, without feeling overwhelmed by your collection. 2. Cut the paper clutterDo you have important papers and receipts piling up, and aren’t sure what to do with them? To tackle the issue, it’s time to move on from old habits! Start by setting up a dedicated space, like an organized drawer, sleek storage box, or even a stylish accordion folder. Categorize your files, establish a regular decluttering routine, and do some recycling at home. Aim to store only essential items, digitize where possible, and consider using labels for quick identification. If you form the habit of promptly filing away new papers, it will ensure you have easy access to them while preventing clutter from stacking up. 3. Plan your purchasesHow often do you buy something on impulse, only to discover that you don’t like or need what you bought? If you “shop ‘til you drop”, clutter is the price you pay. Whether it’s piling up items you won’t use, or collecting piles of receipts just in case you need to return items, your home can fill up quickly with clutter. Go shopping with a list and buy only what’s on it, or utilize services like online grocery shopping to avoid picking up random items when browsing the aisles. Keep in mind that today’s unplanned purchases inevitably become tomorrow’s junk. 4. Avoid overbuyingBuying some items in bulk makes sense if you have the space to store them. However, with items that deteriorate over time, it’s better to buy only what you expect to use before their expiration dates. Liquid laundry detergent, for example, has a shelf life of up to a year if unopened and six months after opening. So more isn’t always better – even if it’s on sale. 5. Strive for a “less is more” mentalityNo matter how much you acquire, there’s always more to be had. What’s more inspiring than a house full of clutter is embracing the “less is more” philosophy. It’s better to have fewer possessions that you love and use than a house full of stuff just taking up valuable space. This concept works especially well for clothing. Build a capsule wardrobe. A few key, high-quality pieces will serve you much better than a closet stuffed with poorly made, fast-fashion pieces. When prioritizing this way, you’ll get much more use and enjoyment out of your items, so when it’s time to let them go, it feels easier to say goodbye! 6. Organize and update cluttered spacesGo through your typical cluttered spaces, whether it’s junk drawers, under the bed storage, the top shelves, or even that chair in the corner covered in miscellaneous items. Remove clutter and donate any unused and previously-loved items to charity, recycle appropriate items, and trash anything broken or unusable. Once those spaces are cleared, it’ll be easier to maintain them and stay on top of any piling junk. Updating the area with nice décor may also help prevent items from piling up there. 7. Commit to the “one in, one out” ruleFor every item you invite into your home, send one item packing (or two if you’re really on a decluttering roll.) The more you exercise that “letting go” muscle, the stronger it becomes and the easier it gets to let go of junk. Recognize your weak spots; perhaps you collect shoes or hats. And, be sure to enforce this rule to avoid getting buried beneath a pile of stuff. 8. Live a minimalist lifestyle todayEmbrace a clutter-free present. Let go of the past and focus on what brings you joy today. There’s a reason why stuff from your past is collecting dust. If you’re saving things just in case you might need them someday, let them go. Focus on the present, rather than worrying about needing that extra item in the unforeseeable future.
Posted on
June 1, 2025
by
Marie Taverna
Don’t let downsizing intimidate you — try to welcome the opportunity to organize your belongings and separate the items that no longer serve you from your most cherished possessions. Downsizing can be a challenging task, especially when you need to sort through a lifetime of belongings, or transition from a large home into a more compact space. The key to any big move is strategic planning, and leaving yourself enough time to complete the tasks at hand. By following these four simple steps, you’ll be packed and ready for the next challenge (unpacking!) in no time. Step 1. Will the furniture fit?One of the first considerations when downsizing is whether or not your furniture and appliances will fit in the new space. After taking careful measurements, determine what pieces, if any, you’re able to hold on to. In some cases, it may be more beneficial to purchase new furniture that is more suitable to your new dwelling. Sell, donate or dispose of any furniture that no longer serves you. If new furniture or appliances are required, start shopping early and get your orders placed, as some companies can take weeks or months to process your order! Step 2. Decide on décorWhen moving into a new space, the prospect of decorating with a new trend or theme can be exciting! Decide if you’re ready to welcome a new and fresh style, or if you’re content to keep your current collection. If you are keeping what you have, decide if you are able to hold on to everything, and if not, which pieces will stay and which ones you’ll say goodbye to. If you’re replacing your current décor, make a wish list of items that would complement your space, and wait until you’ve settled in to start shopping. You’ll have less to move this way. Step 3. Purge your closetMoving is the perfect time to go through your closet and ruthlessly establish what you need and what you don’t. A good rule to follow: If it doesn’t fit or you haven’t worn it in over a year, it’s time to let it go. Exceptions to the rule include sentimental items or special occasion outfits. When sorting your clothes, simplify the process by having labelled bags or boxes ready for donation and disposal. Consider packing away seasonal clothing that won’t be worn before moving day. Step 4. Keepsakes and collectiblesAlthough moving is a practical time to declutter, sentimental items are often the most difficult to detach yourself from. Be kind to yourself and have patience with the process. Consider taking pictures of items that mean a lot but you can no longer hold on to, and consider storage solutions for anything you just can’t part with but don’t have space for in your new home. When downsizing is approached with ample time and careful planning, organizing your belongings can be an empowering and rewarding experience. By following these steps, the moving process will be more manageable and allow you to enjoy the excitement of creating a feeling of ‘home’ in your new space.
Posted on
June 1, 2025
by
Marie Taverna
Three in ten Canadians planning to retire within the next two years say they will carry a mortgage into retirementRetirement marks an exciting new chapter for many Canadians, one filled with more personal time, the freedom to explore new interests, and possibly travel. For homeowners, it has traditionally also meant making the final payment on the family property and entering retirement mortgage-free. However, for a growing number of Canadians, that milestone is no longer a given. A recent Royal LePage survey, conducted by Leger,1 suggests a new housing reality for older Canadians is taking shape. According to the survey, nearly three in ten Canadians (29%) who are planning to retire in 2025 or 2026 say they will continue to make mortgage payments on their primary residence into retirement. The trend seems to be accelerating, as affordability continues to challenge Canadians of all ages: only half as many senior households had mortgage debt approximately ten years ago. According to Statistics Canada, 14% of households with income earners aged 65 and over had a mortgage in 2016, up significantly from eight per cent in 1999.2 “The benefits of entering retirement as a homeowner with a paid-off mortgage are clear: more disposable income, insulation from interest rate changes, and even the emotional security that comes from knowing you’ll always have a place to live. In the era of rotary phones and station wagons, burning your mortgage was the economic finish line. Today’s retiree reality is much more nuanced,” said Phil Soper, president and CEO, Royal LePage. Nearly half of those planning to retire in 2025 or 2026 (45%) say that their mortgage is currently paid off, while another 6% say their mortgage will be paid off before retirement. Forty-six per cent of respondents approaching retirement say they will downsize their home within two years of ending full-time employment, while 47% say they will not. “Home price appreciation over the past 25 years has been a double-edged sword for today’s retirees,” said Soper. “On one hand, it has delivered unprecedented financial gains. On the other, this generation is far more likely to have carried mortgage balances that would have been unimaginable to their parents or grandparents. Our research confirms they are also much more likely to have provided financial assistance to their children to assist in their home ownership dreams. “While previous generations may have viewed mortgage-free retirement as the only option, today’s retirees tend to be more open-minded. Traditional employment income may have dried up, but many are still comfortably managing their expenses and servicing mortgage payments, with income from investments, part-time work, or a working spouse.” Should I stay or should I go? Retirees divided on downsizingThe decision to downsize in retirement is a highly personal one based on lifestyle preferences, and Canadians are largely divided on the matter, according to a recent Royal LePage survey of real estate professionals across the country.3 Nationally, 44% of respondents say that, in their respective markets, there is an approximately even split between those looking to downsize and those choosing to stay in their current homes; 28% say that a majority of people nearing or entering retirement are downsizing to a smaller home; 21% say that a majority of retirees are choosing to remain in their current home. “Downsizing in retirement is far from a given. For many homeowners, the decision to stay put or move to a smaller property is influenced by a combination of economic realities, lifestyle needs, and personal attachments,” said Soper. “Some see a smaller home as a practical and liberating choice – less maintenance, more liquidity to fund travel or to support their children’s home ownership journey. But for others, there’s no compelling financial reason to move. They enjoy the space that comes with a detached home – for gardening, entertaining, or simply storing the gear that goes along with their hobbies. Many take pride in the home they’ve worked decades to own outright, and see no reason to give it up.” Of those Royal LePage experts who say that a majority of people nearing or entering retirement are downsizing, 43% say that standard condominiums are the most popular property type among this cohort, followed by adult living communities that cater to those aged 55 and up (25%), and detached properties (16%). Read the full press release and review the data charts for more information and regional insights: PRESS RELEASE DATA CHART ADVISOR SURVEY
Posted on
May 15, 2025
by
Marie Taverna
302-932 Robinson Street Coquitlam BC $599,999.00 “The Shaughnessy” in West Coquitlam. Top floor condo unit has 2 bedrooms & 2 baths. Be impressed with the 15+ feet vaulted ceiling in the living room & wood burning fireplace. The living room & dining room are perfect spot for entertaining friends. Cute kitchen / Stainless Steel fridge & stove. Good size primary bedroom with walkthrough closet to in suite laundry. The 4-piece bath & a 2-piece bath flow together. Easy care tile floors thought most of unit. In suite storage or reno to a cute little office. Second bedroom or den. Enjoy many hours in the summer on your balcony among the tall trees. Centrally located to transit & shopping. SkyTrain is a short stroll away. Flat walking neighbourhood. 1 underground parking spot. Move in before Summer
Posted on
May 15, 2025
by
Marie Taverna
anadian housing starts rose by 30 per cent to 278,606 units in April at a seasonally adjusted annual rate (SAAR). Starts were up 15 per cent from the same month last year. Single-detached housing starts increased by 15 per cent from last month at 57,026 units, while multi-family and other starts rose by 35 per cent to 221,582 units (SAAR).
In British Columbia, starts rose by 71 per cent from last month to 53,195 units (SAAR) in all areas of the province. In areas of the province with 10,000 or more residents, single-detached starts decreased by 5 per cent to 3,582 units, while multi-family starts rose by 87 per cent to 47,499 units month-over-month. Starts in the province were 3 per cent below the levels from April 2024. Year-to-date starts are up by 141 per cent in Abbotsford, but down 78 per cent in Nanaimo, 30 per cent in Kelowna, 29 per cent in Victoria, and 25 per cent in Vancouver.
https://mailchi.mp/bcrea/canadian-housing-starts-april-2025
Posted on
May 13, 2025
by
Marie Taverna
“The Shaughnessy” in West Coquitlam. Top floor condo unit has 2 bedrooms & 2 baths. Be impressed with the 15+ feet vaulted ceiling in the living room & wood burning fireplace. The living room & dining room are perfect spot for entertaining friends. Cute kitchen / Stainless Steel fridge & stove. Good size primary bedroom with walkthrough closet to in suite laundry. The 4-piece bath & a 2-piece bath flow together. Easy care tile floors thought most of unit. In suite storage or reno to a cute little office. Second bedroom or den. Enjoy many hours in the summer on your balcony among the tall trees. Centrally located to transit & shopping. SkyTrain is a short stroll away. Flat walking neighbourhood. 1 underground parking spot. Move in Spring 2025! OPEN HOUSE SATURDAY MAY 17th 12:00 to 2:00pm
Posted on
May 8, 2025
by
Marie Taverna
SURREY, BC – Home buyers in the Fraser Valley are enjoying a selection of homes for sale not seen in more than a decade. The growing inventory of more than 10,000 active listings means, in many cases, that buyers have time, selection and price negotiation on their side. “There’s definitely a surge of activity in the market — buyers are out viewing homes and attending open houses,” said Tore Jacobsen, Chair of the Fraser Valley Real Estate Board. “What’s noticeable in the current market is the level of choice. A buyer might see a home they like and then have an opportunity to tour five or ten more just like it, without feeling rushed to make an immediate offer.” However, despite the abundance of listings and potential buying opportunities, spring sales remain sluggish. The Fraser Valley Real Estate Board recorded 1,043 sales on its Multiple Listing Service® (MLS®) in April, up one per cent from March and down 29 per cent year over year. New listings declined slightly in April, down one per cent from March. The overall sales-to-active listings ratio indicates a buyer’s market in the Fraser Valley, with a ratio of 10 per cent. The market is considered to be balanced when the ratio is between 12 per cent and 20 per cent. Across the Fraser Valley in April, the average number of days to sell a single-family detached home was 32, while for both townhomes and condos it was slightly lower at 29 days. “Tariffs and economic uncertainty continue to weigh heavily on the minds of home buyers in the Fraser Valley,” said Baldev Gill, CEO of the Fraser Valley Real Estate Board. “However, with the federal election now behind us and a new administration in place, there’s cautious optimism that a fresh approach to strengthening the economy could be on the way, which is welcome news for the real estate sector.” The composite Benchmark price in the Fraser Valley decreased 0.2 per cent in April, to $972,700. To read the full statistics package, click here.
Posted on
May 8, 2025
by
Marie Taverna
The air is warmer, the days are getting longer, and after an exceptionally snowy winter, the grass is finally starting to reveal itself. Spring officially is upon us, which means that all of that snow is starting to melt. As the spring makes its arrival, be sure to take these important steps to protect your home and prevent major water damage during the seasonal thaw. Inspect your home’s foundationAs temperatures rise, melting snow can lead to water pooling around the base of your home, increasing the risk of leaks, cracks and basement flooding. To redirect water runoff, clear away any snow and ice from your home’s foundation, including window wells, basement entrances and exterior vents. Patch up cracksTake a closer look at your home’s exterior. Seal and repair any cracks in your walls, foundation and around windows, to ensure moisture does not penetrate the building. If you discover a leak, even a small one, consider contacting a professional. What seems like a small issue can escalate quickly into major water damage, which is often costly and complicated to repair. Staying proactive now can save you time, money and stress down the road. Clean out your drains and eavesthroughsClear out built-up ice and debris from your eavestroughs and downspouts. This is an integral part of your home’s water draining system, and if the flow is clogged, it can result in major damage. If there is a drain on the street near your property, be sure to clear any leaves and garbage away from the grate so melting snow from the road can flow freely. Regularly checking and clearing your gutters ensures water is directed safely away from your home. Also, don’t forget the street-side drains. If there’s a storm drain near your property, make sure the grate is free of leaves, ice and garbage. These clogs can prevent melting snow and rainwater from draining properly, potentially causing water to back up onto your property or into your basement. Beware of overhead leaksIf your roof is in need of repair, this is likely the time of year when those issues reveal themselves. As snow and ice begin to melt, you may start to notice water spots forming on your ceilings – one of the clearest signs that water is seeping in through damaged or aging roofing materials. Don’t forget to check for leaks in the attic as well. Look for damp insulation, water staining on beams or a musty smell. Early detection is key, and addressing roof issues now can help you avoid more extensive and costly repairs down the line. Check up on your home systemsBefore you turn on the air conditioning for the first time this season, take a few minutes to inspect the unit and ensure it’s functioning properly. Look for any visible signs of wear, debris buildup or damage to the outdoor unit, and test the system to confirm its cooling efficiently. This seasonal check-in is also a great time to tackle a few other important maintenance tasks, such as replacing the furnace filter and changing the batteries in your smoke and carbon monoxide detectors. These small steps go a long way in keeping your home comfortable, efficient and safe year-round. Review your insurance coverageSpring thaw can bring increased risk of flooding, water damage and sewer backups – especially in areas with heavy snow accumulation or older drainage systems. It’s a good idea to review your home insurance policy to make sure you’re covered for the types of damage that commonly occur during a thaw. Standard homeowner policies don’t always include flood protection or sewer backup coverage by default. If your basement floods due to melting snow or if stormwater overwhelms the municipal system and backs up into your home, you could be on the hook for repairs unless you’ve added this coverage. Reach out to your insurance provider or broker to go over your current policy and make sure you’re protected. Look for these key add-ons in your policy, such as overland water coverage, sewer backup coverage and sump pump failure. A small monthly premium can save you thousands in potential damage and restoration costs. For more on how to prepare your home for the season, check out our Spring Cleaning 101 blog post.
Posted on
May 8, 2025
by
Marie Taverna
The arrival of warmer weather and longer days is a welcome sign for many Canadians – especially those eager to return to their cottages. With the Victoria Day long weekend fast approaching (often seen as the unofficial start of summer), thousands are preparing to unlock the cabin doors and breathe new life into their seasonal properties. But before you can fully relax at the lakeside, there’s a bit of work to be done. If your cottage was unoccupied during the winter months, it’s important to give it the care and attention it needs to ensure a safe and comfortable season ahead. Here are a few helpful tips to make reopening your cottage as smooth as possible. Start the reopening process before you arriveA successful cottage reopening starts before you even set foot on the property. In the weeks leading up to your trip, take time to reconnect with service providers and double-check key maintenance items. Contact your utility companies to reinstate services like electricity, internet, propane and gas. If you paused trash collection or water delivery, now’s the time to get those back in motion. Schedule a chimney sweep and, if your property has a septic tank or outhouse, book a cleaning or inspection to make sure everything’s functioning safely. Also take a moment to review your cottage insurance policy, as well as coverage for boats, trailers or recreational vehicles. Make sure everything is up to date before opening weekend. Don’t forget to pack your reopening essentials: keys, tools, cleaning supplies, flashlights, batteries, light bulbs, and even pest control products can save you an unexpected trip into town. Take a walk around the propertyUpon arrival, do a thorough walk about your lot to look for signs of weather damage. Inspect the roof for missing shingles, blocked gutters, leaks or any branches that may have fallen during the winter. On the ground, keep an eye out for signs of rot on your deck or siding, broken windows or wildlife that may have made their way indoors during the winter. Once inside, inspect your cottage for dampness, pests or unpleasant odours. Get some fresh air running through your cottage and flush out any stale smells by opening all of the windows and doors. This is also a good opportunity to look for any mould or mildew that may be lurking around window sills and entryways. If there is any serious damage to the property, be sure to alert your insurance provider immediately. Safely restore water and powerWhen your initial inspection is complete, it’s time to restore your essential utilities. For water, start by checking that pipes are intact and free of cracks caused by freezing. Reconnect any pipes that were disconnected in the fall, then proceed to fill your water heater and replace filters if needed. Once the main water valve is turned on, allow water to run through a tap to flush the lines. Keep in mind: some cottages rely on lake-drawn water or well systems, which may require extra care or professional servicing. Before flipping on the power, inspect your electrical meter and exterior power lines for signs of damage. Once you’re in the clear, turn on the main breaker and test appliances, outlets and lights room by room to make sure everything is running smoothly. Get your outdoor spaces summer-readyDon’t forget to give your exterior living spaces some love. After months of snow, your yard, dock, and deck will likely need some cleanup before they’re ready for prime time. Rake up fallen branches, leaves and debris from your lawn and garden beds. Trim overgrown shrubs and inspect trees for hanging limbs that could pose a safety risk. Check your dock for loose boards, exposed nails or signs of water damage, and make necessary repairs before jumping in. Wipe down your outdoor furniture and inspect it for rust or wear. Bring out your BBQ or firepit, giving them a proper cleaning before use. If you store kayaks, paddleboards or canoes on-site, this is a good time to inspect them for cracks or mildew and refresh safety gear like lifejackets and paddles. Adding fresh outdoor lighting or planting flowers can also help make your cottage feel inviting from day one. Restock the essentialsBefore you officially break out the Muskoka chairs and settle in, remember to check those smaller to-do items off your list. Ensure that your smoke alarms and carbon monoxide detectors have fresh batteries and replace the filter in your central air system if you have one. Don’t forget to refill fire extinguishers and top up the first aid kit with new supplies before you kick back and relax. Looking for insights into Canada’s most popular cottage country markets? Check out the latest findings in the Royal LePage 2025 Spring Recreational Property Report.
Posted on
May 8, 2025
by
Marie Taverna
The slowdown in home sales registered on the Multiple Listing Service® (MLS®) in Metro Vancouver* that began early this year continued in April, with sales down nearly 24 per cent year-over-year. SalesThe Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,163 in April 2025, a 23.6 per cent decrease from the 2,831 sales recorded in April 2024. This was 28.2 per cent below the 10-year seasonal average (3,014). "From a historical perspective, the slower sales we’re now seeing stand out as unusual, particularly against a backdrop of significantly improved borrowing conditions, which typically helps to boost sales. What’s also unusual is starting the year with Canada’s largest trading partner threatening to tilt our economy into recession via trade policy, while at the same time having Canadians head to the polls to elect a new federal government. These issues have been hard to ignore, and the April home sales figures suggest some buyers have continued to patiently wait out the storm." Andrew Lis, GVR director of economics and data analytics ListingsThere were 6,850 detached, attached and apartment properties newly listed for sale on the MLS® in Metro Vancouver in April 2025. This represents a 3.4 per cent decrease compared to the 7,092 properties listed in April 2024 and was 19.5 per cent above the 10-year seasonal average (5,731) for the month. The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 16,207, a 29.7 per cent increase compared to April 2024 (12,491). This is 47.6 per cent above the 10-year seasonal average (10,979). Sales-to-active listings ratioAcross all detached, attached and apartment property types, the sales-to-active listings ratio for April 2025 is 13.8 per cent. By property type, the ratio is 9.9 per cent for detached homes, 17.5 per cent for attached, and 15.7 per cent for apartments. Analysis of the historical data suggests downward pressure on home prices occurs when the ratio dips below 12 per cent for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months. “While the headlines have been filled with worrying news lately, there are positives in the current market worth highlighting, especially for buyers,” Lis said. “Inventory levels have just crested 16,000 for the first time since 2014, prices have stayed fairly stable for the past few months, and borrowing costs are the lowest they’ve been in years. These factors benefit buyers, and with balanced conditions across the market overall, there’s plenty of opportunity for anyone looking to make a purchase.” MLS® HPIThe MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,184,500. This represents a 1.8 per cent decrease over April 2024 and a 0.5 per cent decrease compared to March 2025. Sales of detached homes in April 2025 reached 578, a 29 per cent decrease from the 814 detached sales recorded in April 2024. The benchmark price for a detached home is $2,021,800. This represents a 0.7 per cent decrease from April 2024 and a 0.6 per cent decrease compared to March 2025. Sales of apartment homes reached 1,130 in April 2025, a 20.2 per cent decrease compared to the 1,416 sales in April 2024. The benchmark price of an apartment home is $762,800. This represents a two per cent decrease from April 2024 and a 0.6 per cent decrease compared to March 2025. Attached home sales in April 2025 totalled 442, a 23.8 per cent decrease compared to the 580 sales in April 2024. The benchmark price of a townhouse is $1,102,300. This represents a 2.9 per cent decrease from April 2024 and a one per cent decrease compared to March 2025. Download the April 2025 Housing Report * Areas covered by Greater Vancouver REALTORS® include: Bowen Island, Burnaby, Coquitlam, Maple Ridge, New Westminster, North Vancouver, Pitt Meadows, Port Coquitlam, Port Moody, Richmond, South Delta, Squamish, Sunshine Coast, Vancouver, West Vancouver, and Whistler.
Posted on
May 8, 2025
by
Marie Taverna
Exquisite, flawlessly renovated residence in the prestigious Montreux, Westwood Plateau. Immaculate 2-bedroom, 2-bathroom with a spacious, bright, open layout, offering serene south-facing views. A tranquil, private sanctuary. Elegant gas fireplace included in the maint. fees. Sliding doors lead to your exclusive patio, perfect for entertaining. The gourmet kitchen boasts ample cabinetry and premium stainless steel appliances. 2 pets allowed w/ no size or weight restrictions. The community offers resort-style amenities: outdoor pool, Jacuzzi, fitness center, and a dedicated pet area. Lushly landscaped relaxation zones. Ideally located, with top-tier schools, shopping, IGA, fine dining, banking, Starbucks, and more just steps away.
Posted on
May 8, 2025
by
Marie Taverna
Welcome to Bradley House at Windsor Gate. The lovely & very well-care for 2 bed & 2 bath condo is move in ready. From the moment you walk in you feel like your home. Gourmet kitchen with gas range, SS appliances, gleaming white cabinets & stone countertops. The living room & dining area are perfect for entertaining friends. Great balcony for warm weather chilling. Relax in the primary bedroom after a long day. 5-piece ensuite with double sinks. 3-piece main bath. In suite laundry. Enjoy the Nakoma Club, with fitness gym, basketball court, pool, hot tub, billiards table, party room & so much more. Minutes away from transit, park, coffee shop, schools, shopping. Make a date to view this home and make it yours.
Posted on
April 24, 2025
by
Marie Taverna
302-932 Robinson Street Coquitlam “The Shaughnessy” in West Coquitlam. Top floor condo unit has 2 bedrooms & 2 baths. Be impressed with the 15+ feet vaulted ceiling in the living room & wood burning fireplace. The living room & dining room are perfect spot for entertaining friends. Cute kitchen / Stainless Steel fridge & stove. Good size primary bedroom with walkthrough closet to in suite laundry. The 4-piece bath & a 2-piece bath flow together. Easy care tile floors thought most of unit. In suite storage or reno to a cute little office. Second bedroom or den.Enjoy many hours in the summer on your balcony among the tall trees. Centrally located to transit & shopping.SkyTrain is a short stroll away. Flat walking neighbourhood. 1 underground parking spot. Move in Spring 2025! OPEN HOUSE SATURDAY APRIL 26th 3:00-5:00pm
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