Welcome to “The Shaughnessy” in West Coquitlam. This top floor condo unit has two bedrooms & two baths. You will 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 with Stainless Steel fridge & stove. Good size primary bedroom with walkthrough closet to in suite laundry. The four-piece bath & a two-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 and shopping. The SkyTrain is a short stroll away. Flat walking neighbourhood. One underground parking spot. OPEN HOUSES SATURDAY FEBRUARY 15th & SUNDAY FEBRUARY 16th from 2:00-4:00pm. See you there!

SURREY, BC – Growing inventory and stable prices could lead to opportunities for buyers in the Fraser Valley market this winter despite uncertain economic conditions.

Newly listed homes jumped 167 per cent from December to January, with 3,432 listed on the Fraser Valley Real Estate Board’s Multiple Listing Service® (MLS®). At 7,251 active listings, inventory is at a 10-year seasonal high, 54 per cent above the 10-year average.

While sales remained slow in January, with 818 properties sold (down 18% from December), the combination of stable prices and abundant selection presents potential opportunities for buyers to get back into the market.

The sales-to-active listings ratio appears to bear this out. At 11 per cent, the overall ratio is signaling a buyer’s market, with detached homes firmly in buyer’s market territory. The market is considered to be balanced when the ratio is between 12 per cent and 20 per cent.

It took longer to sell homes in January compared to December. Across the Fraser Valley, the average number of days to sell a single-family detached home was 52, while for a condo it was 42. Townhomes took, on average, 38 days to sell.

“The market appears to be in a holding pattern at the moment,” said Baldev Gill, CEO of the Fraser Valley Real Estate Board. “There is no doubt that economic uncertainty is playing a role, especially the spectre of a trade war, which could lead to even more rate cuts by the Bank of Canada. The confluence of these conditions could provide unique buying opportunities, but we urge buyers and sellers to work with a REALTOR® to ensure they align with financial objectives.”

Benchmark prices in the Fraser Valley held relatively steady in January, with the composite Benchmark price down 0.03 per cent to $964,800.

To read the full statistics package, click here.

With the arrival of a new year comes fresh trends and design inspiration – you might already be feeling the urge to redecorate or dive into DIY projects for your home in the months ahead.

One of the easiest and most impactful ways to transform a room is through colour. A fresh coat of paint can instantly set the tone, adding warmth, energy, or a sense of calm, depending on your choice. So why not take inspiration from the most stylish hues of the year?

Whether you’re looking to give your home a contemporary edge or a timeless refresh, here are some of the must-have colours for 2025.

Pantone: Mocha Mousse (17-1230)

For those seeking to add a touch of richness to their walls, Pantone’s Mocha Mousse offers a luxurious, subtle brown shade. Described as indulgent and comforting, this earth tone pairs well with floral colours like sage green, dusty pink, and cornflower blue, or similar natural tan and nude hues. Its warm undertones create a cozy ambiance, making it an excellent choice for living rooms, bedrooms, and even home offices.

Behr: Rumors (MQ1-15)

This bold and deep ruby red by Behr is perfect for those looking to make a striking statement on their walls. Warm and rich, Rumors offers a dramatic yet inviting touch, effortlessly balancing vibrancy with sophistication. Its versatility allows it to be paired with both warm and cool tones, creating depth and contrast in any space. Rumors can be applied to ceilings, baseboards, and moldings for an unexpected yet stylish pop of colour.

Benjamin Moore: Cinnamon Slate (2113-40)

Heathery, dusty, and velvet-like, Cinnamon Slate by Benjamin Moore is a sophisticated fusion of earthy browns with subtle plum undertones. This rich, nuanced shade exudes warmth and comfort, making it a perfect choice for those looking to create a cozy yet refined atmosphere. Pairing nicely with warm browns, soft creams, and muted mauves, Cinnamon Slate is a calming addition to any living room, bedroom or dining room wall.

Valspar: Encore (8002-45G)

Valspar’s Encore is a crisp, cool shade that brings refreshing energy to any space. Under low lighting, its subtle violet undertones add depth, making it an ideal choice for a powder room, basement, or an accent wall. This versatile blue pairs beautifully with cream for softness, rich browns for warmth, or muted sage for a natural touch, creating a balanced and sophisticated colour palette.

Glidden: Purple Basil (1046-7)

Embracing the resurgence of maximalist design, Purple Basil by Glidden is a statement-making hue that exudes self-expression, richness, and confidence. Departing from traditional neutrals, this deep, sophisticated purple draws inspiration from retro colour palettes and striking pastels, bringing a sense of nostalgia with a modern twist. Purple Basil can be elevated with gold accents for an opulent feel, balanced with muted gray-greens and blues for a grounded aesthetic, or softened with creamy grays for a more understated elegance. 

Bonus: Sherwin-Williams: 2025 Colour Capsule

Why choose just one Colour of the Year when you can have nine? To mark the 15th anniversary of its first Colour of the Year announcement, Sherwin-Williams has unveiled a curated selection of its top shades for 2025. This dynamic palette – featuring Grounded, Sunbleached, Chartreuse, Bosc Bear, White Snow, Rain Cloud, Clove, Malabar, and Mauve Finery – offers endless possibilities for mixing and matching, allowing homeowners and designers to create beautifully layered, personalized spaces.

Contributor

Michelle McNally

Communications manager, Royal LePage

Michelle is a member of Royal LePage’s Communications and Public Relations team, and works to deliver unique and insightful Canadian real estate content to media and consumers. Prior to joining Royal LePage, Michelle was an online reporter specializing in Canadian real estate and pre-construction development. She is a graduate of Toronto Metropolitan University’s esteemed journalism program.

Homes newly listed on the MLS® in Metro Vancouver* rose 46 per cent year-over-year in January, as sellers appear eager to enter the market to start the year.

Sales

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 1,552 in January 2025, an 8.8 per cent increase from the 1,427 sales recorded in January 2024. This was 11.3 per cent below the 10-year seasonal average (1,749).

"In the three months preceding January, we’ve watched buyer demand gain momentum, but it appears that momentum is now shifting toward sellers to start the new year. Even with this increase in new listing activity, sales continue to outpace last years’ figures, signaling some buyer appetite remains after the upswing that finished off 2024."Andrew Lis, GVR director of economics and data analytics

Listings

There were 5,566 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in January 2025. This represents a 46.9 per cent increase compared to the 3,788 properties listed in January 2024. This was 31.1 per cent above the 10-year seasonal average (4,247).

The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 11,494, a 33.1 per cent increase compared to January 2024 (8,633). This is 33.2 per cent above the 10-year seasonal average (8,632).

Sales-to-active listings ratio

Across all detached, attached and apartment property types, the sales-to-active listings ratio for January 2025 is 14.1 per cent. By property type, the ratio is 9.2 per cent for detached homes, 18.5 per cent for attached, and 16.5 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 new listings outpacing demand to start 2025, price trends saw little fluctuation in January across all segments, with the market overall standing in balanced conditions,” Lis said.

“Our 2025 forecast calls for moderate price growth by the end of the year, but we have cautioned that shocks to the economy such as those currently threatening Canada via tariffs from the US could impact these estimates.

"Going forward, whether these tariffs actually come into force, the duration they remain in place, and the degree to which Canada retaliates will determine the impact to the housing market in our region in the months ahead, if any.”

MLS® HPI

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,173,000. This represents a 0.5 per cent increase over January 2024 and a 0.1 per cent increase compared to December 2024.

Sales of detached homes in January 2025 reached 380, a 0.3 per cent increase from the 379 detached sales recorded in January 2024. The benchmark price for a detached home is $2,005,400. This represents a 3.1 per cent increase from January 2024 and a 0.4 per cent increase compared to December 2024.

Sales of apartment homes reached 846 in January 2025, a 13.4 per cent increase compared to the 746 sales in January 2024. The benchmark price of an apartment home is $748,100. This represents a 1.7 per cent decrease from January 2024 and a 0.2 per cent decrease compared to December 2024.

Attached home sales in January 2025 totalled 321, a 12.6 per cent increase compared to the 285 sales in January 2024. The benchmark price of a townhouse is $1,105,600. This represents a 2.7 per cent increase from January 2024 and a 0.8 per cent decrease compared to December 2024.

Download the January 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.