TAVERNA REAL ESTATE GROUP : Blog : Latest Blog Posts

208-2110 Rowland Street Open House

Sun, 12 Apr 2026 17:51:17 GMT

Live the ideal family life in this gorgeous 3-level townhome, offering breathtaking mountain views & unparalleled flexibility.This home easily accommodates a large or growing family with 3 spacious bdrms/a playroom/an office&a den.The main level is designed for entertaining, featuring a large living/dining area&a bright galley kitchen with granite counters/S/S appliances/pantry. Recent updates include stylish flooring throughout the upper 2 levels&stairs.Top floor hosts a magnificent primary bedroom with walk-in closet&a luxurious ensuite with a walk-in shower & deep soaker tub.Step out to the private sundeck with turf for tranquil evenings or use the BBQ deck.Exceptionally well-located near schools, transit includes 2 parking spots & private storage room.

OPEN HOUSE SUN APRIL 12th 12-2pm

415-365 Ginger Drove New Westminster Open House

Sun, 12 Apr 2026 17:50:05 GMT

Discover this stunning top-floor 2 bed,1bath condo a truly turn-key opportunity. Inside you will fall in love with the beautifully updated kitchen featuring bright white cabinets/sleek countertops/crisp white appliances/perfectly accented grey tile backsplash.Large living room provides ample space for relaxing with sliding doors leading to a private balcony.The neutral palette throughout ensures an easy transition for your personal style.The functional 4-piece bath is also updated with new counters/lighting & a modern tile surround.The spacious primary bdrm easily accommodates king-size furniture while the 2nd bedroom is perfectly sized for a dedicated home office.Complete with easy-care mixed laminate&tile flooring/1 parking spot/1 storage. Pet friendly! OPEN HOUSE SUN APRIL 12th 2-4

Buyers and sellers adopting a wait-and-see approach to housing market

Sun, 12 Apr 2026 17:41:45 GMT

Home sales registered on the MLS® in Metro Vancouver continue evolving at a pace similar to last year, with the sales down roughly three per cent from last March.

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,032 in March 2026, a 2.8 per cent decrease from the 2,091 sales recorded in March 2025. This was 31.8 per cent below the 10-year seasonal average (2,981).

"Year-to-date, sales are tracking our forecast for the year closely, and the weakness in demand we continue to observe at the aggregate level is unsurprising. What’s interesting is that the aggregate total masks an emerging divergence among market segments. While the multifamily segment continues to see slower sales, the detached segment may be awakening with sales up, and new listings down from last year."Andrew Lis, GVR chief economist and vice-president, data analytics

There were 5,792 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in March 2026. This represents a 10.3 per cent decrease compared to the 6,455 properties listed in March 2025. This was 4.9 per cent above the 10-year seasonal average (5,521).

The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 14,774, a 1.6 per cent increase compared to March 2025 (14,546). This is 38 per cent above the 10-year seasonal average (10,704).

Across all detached, attached and apartment property types, the sales-to-active listings ratio for March 2026 is 14.2 per cent. By property type, the ratio is 11 per cent for detached homes, 17.2 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.

“We continue to see fewer sellers stepping into the market than last year, which is keeping inventory levels relatively flat. Pairing this dynamic with sales remaining below long-term averages, we’re not seeing prices move significantly in either direction,” Lis said. “And while the political uncertainty over tariffs may have diminished relative to what we saw in early 2025, the conflict in the middle east is now putting upward pressure on bond yields and fixed mortgage rates.

“As a result, it’s reasonable to expect there may be a dampening effect on demand as we head into the spring market, absent a swift resolution to the conflict.”

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,104,300. This represents a 6.8 per cent decrease over March 2025 and a 0.4 per cent increase compared to February 2026.

Sales of detached homes in March 2026 reached 571, an 8.3 per cent increase from the 527 detached sales recorded in March 2025. The benchmark price for a detached home is $1,854,800. This represents an 8.2 per cent decrease from March 2025 and a 1 per cent increase compared to February 2026.

Sales of apartment homes reached 999 in March 2026, a 7.8 per cent decrease compared to the 1,084 sales in March 2025. The benchmark price of an apartment home is $706,700. This represents a 7.8 per cent decrease from March 2025 and a 0.2 per cent decrease compared to February 2026.

Attached home sales in March 2026 totalled 446, a 5.5 per cent decrease compared to the 472 sales in March 2025. The benchmark price of a townhouse is $1,047,100. This represents a 5.7 per cent decrease from March 2025 and a 0.1 per cent increase compared to February 2026.

https://members.gvrealtors.ca/news/GVR-Stats-Package-March-2026.pdf

1250 Delta Avenue Burnaby BC

Fri, 20 Mar 2026 00:19:41 GMT

Welcome Home to 1250 Delta Ave in the very popular Brentwood Park Neighbourhood. 4 bed & 3 bath home with Brentwood Park Elementary & Alpha Secondary close by. Good size main floor with large living room, sliders off the dining room to the large sundeck.Kitchen has cook top & a wall oven.Convenient laundry off kitchen.The bedrooms are a good size. Hardwood flooring through much of main level. Lower level has a rec room +bedroom+ den area possible 2nd kitchen & laundry area.Lots of storage & a whole lot more. Great yard for children & Fido. Lane access with a double garage & open parking for many vehicles.May have the ability to have a suite for extended family, check with city. Brentwood Centre & Skytrain close by.

OPEN HOUSE SUNDAY MARCH 22nd 2:00-4:00pm. See you there! $1,795,000.00

208-2110 Rowland Street Port Coquitlam BC

Fri, 20 Mar 2026 00:18:16 GMT

Welcome Home! Fabulous 3 level townhome in Port Coquitlam.Bright & spacious home with 3 bedrooms+playroom+office+den is perfect for a growing family. Large living&dining area,galley kitchen with granitecounters+S/S appliances+pantry.Eating area nook.2-piece powder room finishes the main floor.Updated vinyl flooring on 2nd&3rd floors+stairs.Top floor has large primary bedroom+walk-in closet+ensuite/double sinks+walk-in shower+soaker tub. Private sundeck with artificial turf for relaxing on at the end of the day.BBQ deck overlooking private garden,the park & beautiful views of the mountains.Close to all levels of schools.Easy access to transit & highway.2 underground parking spots+private storage room.Don’t miss this beauty. A pleasure to show.

OPEN HOUSE SUNDAY MARCH 22nd 1:00-3:00pm $979,900.00

415-365 Ginger Drive New Westminster BC

Fri, 20 Mar 2026 00:16:49 GMT

Welcome Home! Fall in love with this cutie. This top floor 2 bedroom and 1 bath condo is move in ready. Updated kitchen with white and bright cabinets, counter tops and white appliances. Grey tile backsplash is a perfect accent choice. Large living room with sliders to the balcony to relax on in the summertime. Mixed laminate and tile flooring for easy care. 4-piece bathroom with updated counters, lighting and tile bath/shower tile surround. The primary bedroom will fit your king size furniture. Second bedroom is a good size, perfect for a home office. Very neutral colours throughout. Meet your neighbours in the shared laundry. One parking spot and one storage locker. Minutes away form Queen's Park, new Aquatic & Community Centre, plus the new bridge.

OPEN HOUSE SAT MARCH 21st 2:00-4:00pm $449,900.00

Bank of Canada Announcement

Fri, 20 Mar 2026 00:14:05 GMT

Amidst rising global tensions, BoC holds key lending rate in March 18th decision

Third consecutive hold keeps Bank of Canada’s overnight lending rate at 2.25%

Today, in its second scheduled announcement of 2026, the Bank of Canada opted to hold the target for the overnight lending rate at 2.25%. This marks the third consecutive hold to interest rates since October of last year.

Escalating conflict in the Middle East has added volatility to energy prices in recent weeks, renewing concerns about inflation as gas prices climb and financial markets react negatively. While the Canadian economy is still expected to grow modestly as it adjusts to US tariffs, the Bank noted that recent data points to weaker-than-anticipated growth in the near term. However, it is still too early to assess the full impact of the conflict on Canada’s economic outlook, according to the central bank.

“The Canadian economy continues to face heightened uncertainty related to US trade policy and geopolitical risks. Now the war in Iran has added a new layer of uncertainty. Its impact on the global and Canadian economies will depend on how long the conflict lasts and the extent to which it spreads across the Middle East. Inflation in Canada has been close to the 2% target for more than a year. But, as we’ve seen, the war in Iran is causing oil prices to move sharply higher and this will push up inflation in the short term,” said Tiff Macklem, Governor of the Bank of Canada, in a press conference with reporters following the announcement.

“Governing Council will look through the war’s immediate impact on inflation but if energy prices stay high, we will not let their effects broaden and become persistent inflation.”

According to Statistics Canada, the country lost 84,000 jobs in February, pushing the unemployment rate to 6.7%. In the same month, Canada’s Consumer Price Index (CPI) rose 1.8% year over year, down from 2.3% in January. The main factor driving inflation lower last month was the end of the federal tax holiday in February last year. However, higher fuel prices could have the opposite effect in the coming months.

Early spring buyers benefit from steady lending rates

With the Bank opting to hold rates steady once again, homebuyers entering the market in the coming weeks can expect a period of relative stability in borrowing costs.

“Despite growing geopolitical uncertainty, interest rates remain steady following today’s Bank of Canada announcement. As global markets react to developments in the Middle East, policymakers will be watching closely for any impact on inflation and, ultimately, borrowing costs,” said Phil Soper, president and CEO, Royal LePage. “For Canadians preparing to purchase a home or renew their mortgage this spring, the key takeaway is stability. Today’s decision provides households with a measure of certainty as they plan major financial commitments in the weeks ahead.”

According to the Royal LePage® House Price Survey and Market Forecast, the aggregate1 price of a home in Canada decreased 1.5% year over year to $807,200 in the fourth quarter of 2025. On a quarter-over-quarter basis, the national aggregate home price posted a similar decline of 1.1%, reflecting softer market conditions and persistent buyer caution that weighed on activity during the traditionally active fall season.

The Bank of Canada will make its next interest rate announcement on April 29th, 2026.

Read the full March 18th report here. Want to know more about how the overnight lending rate works? Read our explainer on how the Bank of Canada uses this financial tool.

Tips to make a small room look bigger

Sun, 08 Mar 2026 17:18:00 GMT

If you want to make a compact room feel brighter, airier and more spacious than its square footage suggests, a few thoughtful design choices can make a big impact. These tried-and-true tips work in any room of the home and suit every budget – with no renovation required.

Lighten up the walls

Lighter paint colours instantly open up a room, helping it feel airy and expansive. White is a classic choice, but soft neutrals, gentle pastels and muted tones can create the same sense of openness. Dark, saturated colours tend to absorb light and visually shrink a room, making it feel more intimate, which can be lovely, but not ideal if your goal is to maximize space.

Use mirrors to visually double your space

Mirrors are one of the most effective tools for making a room appear larger. A full-length mirror, a statement floor-to-ceiling piece or a large framed mirror over a sofa or console will reflect light and create the illusion of added depth. Placing mirrors opposite windows is especially impactful, helping to bounce daylight throughout the room.

Streamline your window treatments

Heavy, long curtains can visually shorten walls and interrupt the flow of the room. For a cleaner, more open look, try low-profile blinds or shades that can be tucked neatly out of sight. If you prefer curtains, choose sheer fabrics or panels that closely match the wall colour to maintain continuity and avoid breaking up the room.

Clear the floor and edit your furniture

Crowded rooms feel smaller. Removing just one unused or oversized piece of furniture can dramatically improve the sense of space. When selecting new items, choose pieces scaled appropriately for the room. For example, apartment-sized sofas and slim-profile accent chairs offer comfort without overwhelming the layout.

Choose furniture that feels visually light

Open, airy furniture helps extend sightlines and keeps a small room from feeling boxed in. Great options include:

Glass or acrylic coffee tables
Dining tables with slim silhouettes
Chairs with visible legs rather than skirting
Clear resin pieces for modern spaces

These elements allow the eye to travel through the room, creating a more spacious feel.

Keep patterns and decor simple

Bold patterns and heavy textures can dominate a small room. Opt for subtle prints, minimal accessories and cohesive colour palettes to maintain a sense of harmony and openness. One or two statement pieces can shine more effectively when the rest of the room feels balanced.

Maximizing a small space doesn’t mean compromising on style. With the right combination of colour, light, furniture and thoughtful design choices, any room can feel brighter, larger and more inviting. Have fun experimenting and creating a home that works beautifully for you!

A guide to maintaining and cleaning hardwood floors

Sun, 08 Mar 2026 17:15:22 GMT

Hardwood floors are one of the most timeless features a home can have. Whether they’re original planks in a century home or a recent installation, hardwood flooring brings warmth and character to the home, and that character is worth protecting.

With the right maintenance and care, hardwood can last for generations. From a purely practical standpoint, it is one of the most financially rewarding features in a home to maintain. Homeowners may recover more than their project cost at resale, particularly when refinishing existing hardwood floors – one of the few improvements consistently shown to deliver strong cost recovery.

Here’s how to keep your hardwood floors in excellent shape.

Daily protection

A strict shoes-off policy at the door is one of the most effective things you can do for your floors. Road salt, slush, winter grit and sandy summers are genuinely destructive to hardwood finishes and can cause damage that builds invisibly over time.

Your first line of defense: use an oversized entryway mat that offers plenty of room for people to stand and remove their footwear. Providing a dedicated space for wet shoes to dry prevents moisture from migrating to your hardwood and causing long-term damage.

Beyond the entryway, attach felt pads to the legs of all chairs and rubber pads for heavy furniture. Replace when they wear thin or you notice dirt collecting. Clean up spills immediately – wood and standing liquid are not friends. Area rugs add another layer of protection, especially in high-traffic zones or kids’ play areas.

The right way to clean hardwood floors

For daily maintenance, sweeping or vacuuming with a barefloor attachment removes the fine dust and grit that act like sandpaper underfoot. Stick to spot cleaning with a weak baking soda paste for scuffs, and a mild dish soap for other spills. Be sure to dry thoroughly when finished.

Go in for a deep clean once every month or two, avoiding extra moisture at all costs. Never use a traditional wet mop or a steam mop, as water sitting or seeping between boards can cause swelling, warping, and structural damage that is difficult and costly to reverse. A slightly damp microfibre mop, used sparingly and always in the direction of the grain, is the right tool for the job.

When it comes to cleaners, use a pH-neutral dishsoap, castile soap or cleaning product formulated specifically for hardwood. DIY recipes involving vinegar, lemon and household oils should never be used on hardwood floors. The acidity in vinegar and lemon juice can gradually eat away at your floor’s protective finish, and adding oils like olive oil creates a slippery, dirt-trapping residue. For the longevity of your investment, stick to a pH-neutral cleaner as mentioned above that respects the finish rather than destroying it.

Managing the Canadian climate

Hardwood floors respond to the seasons, expanding in humid summers and contracting in dry winters. The ideal indoor humidity range for hardwood floors is between 35% and 55%, and maintaining that consistency year-round is an important factor in their longevity.

In winter months, the air inside the home is drier, so using a whole-home or room-specific humidifier helps prevent the boards from shrinking and gapping. In summer, air conditioning usually keeps the humidity level at an optimal level. Hygrometers are readily available so you can monitor levels easily.

Know your floor before you restore it

Before attempting any significant maintenance or repair, it’s worth knowing exactly what you’re working with.

Solid hardwood is a single piece of wood from top to bottom. Because of its depth, it can typically be sanded and refinished multiple times, making it a true generational floor. Engineered hardwood consists of a real wood veneer bonded over a plywood base. It handles humidity fluctuations better than solid wood, but its refinishing potential depends entirely on the thickness of that top layer. When in doubt, consult a flooring professional before proceeding.

Refreshing and refinishing

Even beautifully-maintained floors will show wear over time. Recoating is a lighter-touch option for minor surface scuffs, as it adds a fresh layer of finish without heavy sanding and can restore the look of a floor dramatically. For deeper scratches or significant wear, a full refinish involves sanding down to bare wood and reapplying a new finish entirely. Both are best handled by a professional.

Hardwood is a permanent asset that bridges a home’s past with its future. A simple commitment to maintenance ensures the character of your space remains as enduring as the wood itself, and in turn, will serve your home for generations.

Canada’s office market set to heat up in 2026, as demand more top tier properties intensifies

Sun, 08 Mar 2026 17:13:29 GMT

Return-to-office momentum to tighten urban commercial markets, while activity in industrial segment stabilizes

The forces shaping today’s economy are extending well beyond household finances and residential real estate. They are also influencing how businesses plan, invest and choose where to operate.

Global trade tensions are increasingly influencing commercial real estate activity. Across Canada, office and industrial markets are evolving as businesses adapt to economic uncertainty. Industrial activity has stabilized in many cities, while demand for office space is gaining momentum as more employers increase in-person expectations. Together, these trends are reshaping the commercial landscape, according to the newly-released Royal LePage® 2026 Commercial Real Estate Report.

“Much like the residential real estate sector, broader economic uncertainty has weighed on commercial real estate decision-making in recent years,” said Matt Jacques, interim general manager, Royal LePage® Commercial™. “What’s different heading into 2026 is the growing sense of stability. Businesses are no longer reacting to every economic headline and are instead taking a more deliberate, long-term approach to space planning and investment decisions.

“While caution remains, there is optimism that market conditions are beginning to normalize. As confidence gradually rebuilds, we expect to see more consistency in activity across both office and industrial markets throughout Canada. Regional variations, however, mean this trend will unfold diversely across the country.”

Back-to-office momentum lifts leasing activity

As Canada’s corporate workforce increasingly faces return-to-office requirements, office real estate in major cities is expected to continue its gradual recovery in 2026.

Pandemic-driven adoption of remote and hybrid work models weighed heavily on downtown office markets and dampened leasing activity. That dynamic has shifted, however, as major employers such as Royal Bank of Canada, Rogers Communications and Starbucks Canada recalled staff to their corporate offices in 2025 and early 2026, implementing three-, four- and five-day in-office work schedules. Federal employees will also be back in office four days per week, beginning this summer.

“The past two years have been pivotal for the office sector, which has steadily regained momentum following the unprecedented disruption of the pandemic, when downtown cores saw office towers largely empty during lockdown periods. The market is not returning to its pre-pandemic form; rather, it is evolving into something more deliberate and intentional,” said Jacques. “Employers are placing greater emphasis on how space can be used rather than how much space they take up, prioritizing layouts that support collaboration, flexibility and employee experience. That shift is increasingly shaping leasing decisions across the country.

“While hybrid work models will remain part of the equation long-term, rising in-office attendance and clearer workplace strategies are helping to bring greater stability to the market.”

According to a survey of Royal LePage commercial real estate market professionals across the country, 66% of experts expect occupier demand for office space to modestly increase or stay the same in their respective market in 2026. Five per cent expect demand will increase significantly. Meanwhile, 42% of experts expect vacancy rates for office space to decrease in their market this year.

Industrial sector holds steady amid economic uncertainty

Industrial real estate is expected to remain one of Canada’s strongest-performing commercial asset classes in 2026. Although rental growth for industrial spaces has moderated from pandemic-era highs, demand fundamentals remain intact, supported by e-commerce activity, supply chain reconfiguration and the continued need for warehousing and distribution facilities.

Manufacturing sales rose sharply in the early stages of the post-pandemic recovery, driven by the reopening of the economy post-lockdown and pent-up consumer demand. This sustained level of activity has been a key driver of demand for industrial real estate across Canada. More recently, however, momentum in the sector has softened amid ongoing trade disruptions, which continue to pose a risk to demand for industrial space. According to Statistics Canada, approximately half of manufacturers reported being affected by tariffs through various channels, most notably price increases and higher expenses for raw materials.

“The industrial sector has consistently demonstrated its resilience. While there are ongoing economic risks tied to trade policy, tariffs and broader global uncertainty, demand for well-located, functional industrial space remains strong. This is especially true in logistics- and trade-connected markets, where proximity to transportation corridors, ports and population centres continues to drive occupier interest,” said Jacques.

“Looking ahead, a slowdown in new construction and ongoing supply chain realignment will support market balance. As businesses prioritize efficiency and speed to market, the creation of modern industrial facilities will remain a critical component of Canada’s commercial real estate landscape.”

Nearly half (47%) of Royal LePage commercial market experts expect occupier demand for industrial space to increase in their respective markets in 2026.

Read the full press release and review the data chart for more details:

NATIONAL PRESS RELEASE

DATA CHART

New normal for Metro Vancouver’s housing market continues

Fri, 06 Mar 2026 15:01:41 GMT

Contact Taverna Real Estate Group for details of your neighbourhood

Metro Vancouver home sales registered on the MLS® in February continued the recent trend of slower-than-average sales, seeing a ten per cent decline over the same period last year.

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 1,648 in February 2026, a 9.8 per cent decrease from the 1,827 sales recorded in February 2025. This was 28.7 per cent below the 10-year seasonal average (2,310).

“With each passing data point, the pace of sales running well-below long-term averages are no longer a surprise – it’s become the new norm,” said Andrew Lis, GVR chief economist and vice-president data analytics. “A surprising finding this February, however, is that home sellers appear less eager to list their homes relative to last year with new listings down about seven percent, mostly driven by fewer listings in the apartment segment.”

There were 4,734 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in February 2026. This represents a 6.4 per cent decrease compared to the 5,057 properties listed in February 2025. This was 7.1 per cent above the 10-year seasonal average (4,421).

The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 13,545, a 6.3 per cent increase compared to February 2025 (12,744). This is 37 per cent above the 10-year seasonal average (9,886).

Across all detached, attached and apartment property types, the sales-to-active listings ratio for February 2026 is 12.6 per cent. By property type, the ratio is nine per cent for detached homes, 16.6 per cent for attached, and 14.1 per cent for apartments.

“With fewer sellers coming to market with their properties than last year, a pick-up in demand heading into the spring could result in a stagnation of standing inventory, which may support prices around current levels,” Lis said. “With sales slightly outpacing our 2026 forecast year-to-date, the spring market will be the litmus test of whether we continue along this new normal, or if we see any significant surprises.”

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,100,300. This represents a 6.8 per cent decrease over February 2025 and a 0.1 per cent decrease compared to January 2026.

Sales of detached homes in February 2026 reached 427, a 10.5 per cent decrease from the 477 detached sales recorded in February 2025. The benchmark price for a detached home is $1,835,900. This represents an 8.8 per cent decrease from February 2025 and a 0.8 per cent decrease compared to January 2026.

Sales of apartment homes reached 824 in February 2026, a 15.6 per cent decrease compared to the 976 sales in February 2025. The benchmark price of an apartment home is $708,200. This represents a 6.8 per cent decrease from February 2025 and a 0.5 per cent increase compared to January 2026.

Attached home sales in February 2026 totalled 387, a 7.8 per cent increase compared to the 359 sales in February 2025. The benchmark price of a townhouse is $1,046,100. This represents a 5.6 per cent decrease from February 2025 and a 0.3 per cent increase compared to January 2026.

Download GVR's February 2026 MLS® Housing Market Report

OPEN HOUSE 16-20699 120b AVE MAPLE RIDGE SUNDAY MARCH 8th 2-4 $699,900

Wed, 04 Mar 2026 02:31:12 GMT

WELCOME to the GATEWAY COMPLEX, nestled in a quiet family friendly neighbourhood in NW Maple Ridge.END UNIT townhome is barely connected to the unit next door. Enjoy the large living room with the wood-burning fireplace. Kitchen with S/S appliances.FENCED back yard &patio for your little ones or Fido. Large primary bedroom has a walk-in closet & cheater door to the updated 5-piece main bath. 2nd good size bed with walk in closet plus the open den area, perfect for home office/reading nook.Garage + open 2nd parking.Updated MULTI-SPLIT HEATING & COOLING SYSTEM in 3 zones. All POLY B has been removed from the complex & replaced with PEX+NEW watermain/all NEW asphalt paving. 2 pets allowed.Enjoy sitting on the veranda. Easy access transit/shopping/schools. OPEN HOUSE SUNDAY MARCH 8th 2-4pm

OPEN HOUSE 1250 DELTA AVE BURNABY SUNDAY MARCH 8TH 2-4 $1,799,000

Wed, 04 Mar 2026 02:26:51 GMT

Welcome 1250 Delta Ave in the very popular Brentwood Park Neighbourhood. 4 bed & 3 bath home with Brentwood Park Elementary & Alpha Secondary close by. Good size main floor with large living room, sliders off the dining room to the large sundeck.Kitchen has cook top & a wall oven.Convenient laundry off kitchen.The bedrooms are a good size. Hardwood flooring through much of main level. Lower level has a rec room +bedroom+ den area possible 2nd kitchen & laundry area.Lots of storage & a whole lot more. Great yard for children & Fido. Lane access with a double garage & open parking for many vehicles.May have the ability to have a suite for extended family, check with city. Brentwood Centre & Skytrain close by. OPEN HOUSE SUNDAY MARCH 8th 2-4pm

New normal for Metro Vancouver’s housing market continues

Wed, 04 Mar 2026 00:13:11 GMT

February 2025

1,827

Sold

February 2026

1,648

Sold

(-9.8%)

Residential property sales in Metro Vancouver

Metro Vancouver* home sales registered on the MLS® in February continued the recent trend of slower-than-average sales, seeing a ten per cent decline over the same period last year.

"With each passing data point, the pace of sales running well-below long-term averages are no longer a surprise – it’s become the new norm. A surprising finding this February, however, is that home sellers appear less eager to list their homes relative to last year with new listings down about seven percent, mostly driven by fewer listings in the apartment segment." Andrew Lis, GVR chief economist and vice-president data analytics

Sales-to-Active Listings Ratio - February 2026

Detached

Attached

16.6%

Apartment

14.1%

Total 12.6%

‘Cambodia Challenge for Shelter’ trekkers conquer epic hiking adventure

Tue, 03 Mar 2026 22:51:31 GMT

When participants in the Cambodia Challenge for Shelter signed up to take part in the Royal LePage® Shelter Foundation™’s 2025 fundraising trek, they knew they’d be tested. That’s the point, afterall – to step outside your comfort zone, to do something big, bold and brave. To see what you’re made of when circumstances get challenging.

And challenged they were. The struggles in the Cambodian wilderness came quickly and harshly for the 117 adventurous Royal LePage® professionals who travelled across the globe to participate.

After being blessed by local monks, trekkers nervously set out on the first of nearly 100km they had ahead of them. Every step was hiked in sweltering temperatures and stifling humidity which made the days feel impossibly long. Debilitating blisters and painful heat rashes kept trekkers busy nursing their sore feet and itchy legs. And unforgiving jet lag had trekkers up at all hours of the night, fighting to get the rest they so desperately needed.

“We hiked through oppressive jungle heat and along treacherous mud trails; slept with exotic things that slithered, croaked and climbed; and got comfortable with a whole lot of doubt — and we did it together,” said Phil Soper, president and CEO of Royal LePage. “I’m proud of this crew for pushing through a punishing challenge in Cambodia, and grateful for every donor who backed us,” he added. “Every step we took raised money for our beloved Royal LePage Shelter Foundation. This wasn’t just a trek. It was a statement: we walk so others have a path toward safety and new beginnings.”

https://blog.royallepage.ca/cambodia-challenge-for-shelter-trekkers-conquer-epic-hiking-adventure/

Thankfully, the majestic views and an incredibly varied terrain made the time pass a bit more quickly. Participants trekked through dazzling green rice paddies and small villages, slept at beautiful temples and pagodos, ventured into the thick jungle, climbed to the top of Cambodia’s sacred mountain, and marveled at the Kulen waterfall. Spectacular monuments to Buddhism seemed to be around every turn before reaching the architectural masterpiece of Angkor Wat.

And finally – after five long days – a local band performed a traditional folk song, dancing the trekkers jubilantly across the finish line. Hugging and high-fiving, participants had a great deal to celebrate on top of their physical and mental accomplishment. Ultimately, this incredible team of fundraisers collected $1.6 million for the cause, bringing the grand total raised through the ‘Challenge for Shelter’ series to over $6.3 million.

A bi-annual fundraiser, the Cambodia Challenge for Shelter follows in the footsteps of Royal LePage Shelter Foundation treks in Ecuador (2023), the Purcell Mountains (2021), Sahara Desert (2019), Iceland (2017), and Machu Picchu (2015). Participants pay 100% of their trekking and travel costs and must raise at least $6,000 to be eligible to take part.

The Challenge for Shelter is proudly sponsored by TD, Royal LePage, Real Estate Magazine, and Die Slo Sauces. To learn more about the Royal LePage Shelter Foundation or to make a donation, visit rlp.ca/shelter.

Protecting Your Digital Life at Home

Tue, 03 Mar 2026 22:50:21 GMT

As homes become more connected, everyday security looks a little different.

From smart thermostats to voice assistants and doorbell cameras, our homes are more connected than ever. While these devices make daily life easier, they also come with a few new responsibilities. The good news is that keeping your digital home secure doesn’t require expert-level tech skills, just a few simple habits that go a long way. It’s mostly about tightening a few settings and staying aware of what’s connected.

Start by resetting your Wi-Fi network with a strong, unique password and turn on your router’s built-in security features (like WPA2/WPA3) if they aren’t already enabled.

Take a moment to check which devices are connected to your network and remove anything you no longer recognize or use. The updates you get prompted to install often contain important security fixes that protect your system from potential risks.

If you use smart security cameras, make sure they’re encrypted and protected with two-factor authentication for an extra layer of safety.

Consider setting up a separate guest Wi-Fi network for visitors or smart devices. It’s an easy way to add a layer of protection between your personal information and everything else that connects to your network.

Don’t forget to do a digital spring cleaning on your phone or tablet too. Turn off features you don’t need, like automatic microphone access or location tracking, and limit how much data apps can collect. Delete old apps or accounts you no longer use, clear out saved passwords you don’t recognize, and double-check privacy settings on shared devices. It’s the digital version of clearing out your junk drawer, quick, satisfying, and surprisingly effective.

If you share your home with kids, teach them simple digital habits early on, like logging out of shared devices, using secure passwords, and asking before downloading new apps. These small lessons can make a big difference in keeping everyone’s information safe.

By treating digital safety like any other kind of home maintenance, checking, updating, and securing as you go, you can enjoy all the benefits of a connected home while keeping your personal world protected.

Smart Money Moves for a Changing Economy

Tue, 03 Mar 2026 22:49:29 GMT

Small, mindful choices at home can make a big difference for your wallet and your peace of mind.

With costs shifting across nearly every part of daily life, homeowners are finding new ways to make their money stretch further. Not through drastic changes, but with small, mindful habits that add up over time. Start with what you already have.

Plan meals around what’s in your pantry and what’s in season in your area. It’s one of the simplest ways to cut costs and reduce waste. Cooking more intentionally can also spark creativity in the kitchen, whether that means trying a new recipe with leftover ingredients or swapping takeout for a night of homemade comfort food.

A few low-effort upgrades can make a big difference. Motion-sensor or timer-based lighting, adding a smart power bar that automatically shuts off idle devices, or upgrading to a programmable or smart thermostat can noticeably reduce energy bills. Appliances and fixtures are a good place to start when thinking about efficiency. If you’re due for a replacement, energy-efficient appliances or water-saving fixtures tend to pay for themselves faster than most expect.

Beyond the bills, think about where your time and money go. Borrow tools from a local library, friend, or neighbour instead of buying new, host a clothing or home décor swap with friends, or repurpose items you already own for new uses. Over time, these small, practical choices can help keep bigger, more expensive surprises at bay.

Financial mindfulness doesn’t mean giving up the things that make you happy. It means being a little more intentional about how you spend money and what really adds value to your day-to-day life.

Home as a Creative Outlet: Why More Homeowners Are Choosing DIY

Tue, 03 Mar 2026 22:48:06 GMT

The simple pleasure of creating something yourself.

Homeowners are continuing to lean into hands-on projects: fixing, painting, building, and creating for the simple satisfaction of it. These small projects do more than improve a home; they remind people that they’re capable of shaping it with their own two hands.

It can start as simply as giving new life to vintage furniture. Check your local second-hand shop or ask friends and family if they have pieces they’re ready to part with. A chair or side table waiting for a refresh can easily become a weekend project.

Painting is an easy way to express creativity at home, whether that means rolling a bold new colour onto a statement wall or painting a canvas just for fun. You don’t need fancy supplies to get started. Affordable brushes, a few tubes of paint, or a small can from your local craft or hardware store are all you need to explore. If you like guidance, there are endless YouTube tutorials to follow, or you can turn on your favourite playlist and see where your imagination takes you.

Gardening is another creative outlet gaining momentum. Many homeowners are sketching out garden plans, jotting down plant ideas, or starting with a few herb pots by the window. Growing your own mint, chamomile, or lavender for tea adds both beauty and comfort to everyday life.

If you’re drawn to nature but gardening isn’t your thing, try pressing flowers or leaves to create framed artwork that keeps the season’s beauty alive all year long.

From painting and upcycling to candle-making, woodworking, or textile crafts, these projects share a common theme: they reconnect us to the joy of doing. In a world that moves fast, creating something by hand invites us to slow down, try something new, and take pride in what we can make ourselves.

Canada’s housing market anticipates a cautious spring rebound

Tue, 03 Mar 2026 22:47:06 GMT

According to the Royal LePage House® Price Survey and Market Forecast, the aggregate1 price of a home in Canada decreased 1.5 per cent year over year to $807,200 in the fourth quarter of 2025. On a quarter-over-quarter basis, the national aggregate home price posted a similar decline of 1.1 per cent. When broken out by housing type, the national median price of a single-family detached home decreased modestly by 0.8 per cent year over year to $849,100, while the median price of a condominium decreased 2.9 per cent to $575,300.

“Despite subdued activity levels, home prices largely held their ground in the final quarter of 2025,” said Phil Soper, president and CEO, Royal LePage. “Economic uncertainty – driven by trade disputes and broader geopolitical tensions – has weighed on consumer confidence and muted what is typically a more active fall market. Instead of a fall seasonal surge, we saw a quieter close to the year.

“That said, buyers heading into the spring market have a meaningful advantage over last year: lower borrowing costs, stable or lower property prices, and choice. In an era where home inventory is chronically constrained, inventory levels are Goldilocks healthy. Together, these conditions are creating a genuine window of opportunity, particularly for first-time buyers in Canada’s most expensive markets.”

In December, Royal LePage issued its 2026 Market Survey Forecast, projecting that the aggregate price of a home in Canada will increase a modest 1.0 per cent in the fourth quarter of 2026, compared to the same quarter in 2025. The median price of a single-family detached property is expected to increase 2.0 per cent, while the median price of a condominium is anticipated to decrease 2.5 per cent.

“What continues to be a drag on the housing market is consumer confidence. Greater clarity on trade relations with the United States would certainly help, but there’s also a more subtle shift underway,” said Soper. “After a full year of economic and political turbulence, more and more households have given up waiting for perfect certainty and are refocusing on what is happening at home, and what matters most: securing the right housing for their families. As that adjustment takes hold, we expect it to gradually translate into increased market participation.”

Learn more:

National release: rlp.ca/Q4-2025-hps-release
Quebec Markets release: rlp.ca/Q4-2025-hps-release-QC
House Price Survey Chart: rlp.ca/house-prices-Q4-2025
Market Survey Forecast Chart: rlp.ca/market-forecast-Q4-2025

1 Aggregate prices are calculated using a weighted average of the median values of all housing types collected. Data is provided by RPS Real Property Solutions and includes both resale and new build.

Cambodia Challenge for Shelter: Trekkers complete an unforgettable journey

Sat, 28 Feb 2026 00:35:47 GMT

And challenged they were. The struggles in the Cambodian wilderness came quickly and harshly for the 117 adventurous Royal LePage® professionals who travelled across the globe to participate.

Keeping them going each day were stories of tragedy and survival. Every afternoon, a personal account of intimate partner violence was read aloud, each one experienced and written by a fellow trekker. These moments were both heartbreaking and healing and a daily reminder of everyone’s collective mission to help women and children find the safety, hope and healing they deserve.

“Reading these powerful letters each day recentered us,” said Tory Brown with Royal LePage® Estate Realty in Toronto, ON. “The brutal heat almost took me down on the first day. I truly had moments when I didn’t think I could go on. But after hearing the account of abuse and resilience experienced by someone walking alongside me, I knew I had to keep going. To keep hiking and to keep fundraising so that other women don’t need to experience this senseless violence.”

s vehicle access was impossible along the rural route, a primitive farm tractor followed behind each group, carrying essential supplies. At the frequent rest stops, trekkers poured water over their heads and onto their necks and wrists in an attempt to cool down – if only for a few brief, but blissful moments. Always careful to keep their feet dry, boots came off quickly at each lunch stop, allowing trekkers to nervously check for signs of trouble and re-bandage any existing blisters before facing more hours of hiking in the punishing conditions.

Moving displays of camaraderie were on full display throughout the adventure. Carrying each other’s packs, sharing gear and first aid supplies, and offering a helpful hand, a pat on the back or a much-needed laugh were all daily occurrences. With the hiking taking place in four waves of participants spread three days apart on the trail, trekkers also welcomed the opportunity to leave notes for the groups which would follow them. These short, but powerful messages were a bright spot for those who needed them most and a beautiful opportunity for reflection and encouragement for those who left them.

As is always the case during the ‘Challenge for Shelter’ treks, new friendships were fast to form and existing bonds were strengthened on the trail. Doing something difficult has a magical way of bringing people of all walks of life together and making deeply meaningful connections.

“We come from cities, small towns, farms, villages—every corner of Canada,” said Ken Hrubeniuk with Royal LePage® Wright Choice Realty in Wainwright, AB. “We laugh together. We cry together. We cheer one another on. And somewhere along the way, we stop being a group and become a family. These bonds last a lifetime and they help you stand a little taller, smile a little brighter, and say with pride: ‘I am a Trekker.”

hankfully, the majestic views and an incredibly varied terrain made the time pass a bit more quickly. Participants trekked through dazzling green rice paddies and small villages, slept at beautiful temples and pagodos, ventured into the thick jungle, climbed to the top of Cambodia’s sacred mountain, and marveled at the Kulen waterfall. Spectacular monuments to Buddhism seemed to be around every turn before reaching the architectural masterpiece of Angkor Wat.

As they pushed themselves physically and emotionally through the Challenge, trekkers were delighted by a Khmer culture many knew little about before landing in Siem Reap. A country with a devastating past, Cambodians have emerged from years of turbulence and trauma with a resilience and hope that trekkers found inspiring. Those caring for the team as guides, camp crew and cooking staff were remarkably kind and excited to show off both their country and their unmatched hospitality.

“From the very first step, the generosity of the Cambodian people was everywhere. Smiles, waves, high-fives, and letting us rest in the shade of their humble properties. It was a constant reminder of the importance of community,” said Maria Barreiro with Royal LePage® Atlantic in Halifax, NS.

I feel so much gratitude having completed this trek. I’m thankful for each and every donor who supported me and our mission to make home a safe place for everyone,” said Coccia. “My amazing team and brokerage were also instrumental in this fundraising success, so I’d like to share this recognition with them. Lastly, I want to thank my trekmates for their kindness and care on the trail. There’s just no way to explain how special it was to cross the finish line together.”

2025 Team of the Year: Taverna Real Estate Group, Royal LePage® West Real Estate Services

Sat, 28 Feb 2026 00:26:38 GMT

Canadian housing market kicks off 2026 with a surge of new listings: CREA

Sat, 28 Feb 2026 00:24:06 GMT

Sellers made a strong entrance into the 2026 housing market. While home sales slowed compared to December, a surge of fresh listings signaled renewed confidence among homeowners, according to the latest report from the Canadian Real Estate Association. The influx of new supply has already begun to shift market dynamics, setting the tone for the early months of the year.

The number of home sales recorded over Canadian MLS® Systems fell 5.8% on a month over month basis in January. At the same time, new listings surged 7.3% compared to December as sellers appeared eager to kick off the year. The early year momentum from sellers suggests confidence and readiness to move, even as buyers showed slightly more restraint.

“The monthly decline in national home sales was driven primarily by less activity in the Greater Golden Horseshoe and Southwestern Ontario, suggesting that the story was probably more about a historic winter storm than a downshift in demand,” said Shaun Cathcart, CREA’s Senior Economist, in the report. “Notwithstanding the chilly start to the year, we continue to expect 2026 will ultimately be defined by pent-up demand from first-time buyers finally seeing a chance to enter the market.”

Major cities lead the supply surge

There were 140,680 properties listed for sale on all Canadian MLS® Systems at the end of January 2026. That figure is 4.5% higher than a year earlier, although still 11.4% below the long term average for this time of year.

Months of inventory rose to 4.9 months nationally, up from 4.6 months at the end of December. The long term average for this measure is five months. Historically, a seller’s market would sit below 3.6 months of inventory, while a buyer’s market would be above 6.4 months. January’s activity puts the market very close to long term norms, marking a notable transition toward more balanced conditions.

The increase in new listings was broad based, with roughly two-thirds of local markets reporting gains. The strongest activity was concentrated in Montreal, Quebec City, Calgary, Greater Vancouver, and Victoria, where sellers came out in force.

In contrast, Central and Southwestern Ontario were much quieter. Many markets in those regions recorded declines in both sales and new listings. Winter weather appears to have played a role, suppressing both demand and supply in those areas.

“We always say all real estate is local, and on occasion, including this January, that can mean the impact of local weather on the market,” said Valérie Paquin, CREA’s Chair, in the report. “In a repeat of 2025, new listings are showing up early to start the year, so sellers are eager to get going, but we may have to wait a bit longer to see how buyers react.”

Market balance shifts in January

With a sizable increase in listings and a sharp slowdown in sales, the national sales-to-new-listings ratio dropped to 45% in January. That is down from 51.3% at the end of 2025 and below the long term average of 54.8%.

A ratio between 45% and 65% is generally considered consistent with balanced housing market conditions. January’s reading places the market right at the lower edge of that balanced range, signaling a clear shift from the tighter conditions seen late last year.

Prices adjust as supply expands

With more homes available and demand softening, prices edged lower in January. The National Composite MLS® Home Price Index declined 0.9% on a month over month basis.

On a non-seasonally-adjusted basis, the index was down 4.9% compared to January 2025. The non seasonally adjusted national average home price came in at $652,941, dipping 2.6% year over year.

Regionally, British Columbia, Alberta, and Ontario continue to show year over year price declines, offsetting gains in other provinces. Some cities experienced particularly sharp adjustments, with double digit declines in Hamilton Burlington and Oakville Milton. At the same time, double digit gains were recorded in Sudbury, Quebec City, and St. John’s, Newfoundland, highlighting the uneven nature of price trends across the country.

208 2110 ROWLAND STREET PORT COQUITLAM

Sat, 28 Feb 2026 00:22:44 GMT

$995,000

Welcome Home! Fabulous 3 level townhome in Port Coquitlam. Bright & spacious home with 3 bedrooms+playroom+office+den is perfect for a growing family. Large living & dining area, galley kitchen with granite counters+ S/S appliances+pantry. Eating area nook. 2-piece powder room finishes the main floor.Updated vinyl flooring on 2nd & 3rd floors+stairs. Top floor has large primary bedroom+walk-in closet+ensuite with double sinks+walk-in shower+soaker tub. Private sundeck with artificial turf for relaxing on at the end of the day. BBQ deck overlooking private garden, the park & beautiful views of the mountains.Close to all levels of schools.Easy access to transit & highway.2 underground parking spots+private storage room.Don’t miss this beauty. Call your Realtor to set up a private showing.

Fabulous Townhome in the heart of Maple Ridge

Sat, 28 Feb 2026 00:20:58 GMT

16-20699 120B Maple Ridge $699,900

OPEN HOUSE SUNDAY MARCH 8th 2:00-4:00

WELCOME to the GATEWAY COMPLEX, nestled in a quiet family friendly neighbourhood in NW Maple Ridge. END UNIT townhome is barely connected to the unit next door. Enjoy the large living room with the wood-burning fireplace. Kitchen with S/S appliances. FENCED back yard &patio for your little ones or Fido. Large primary bedroom has a walk-in closet & cheater door to the updated 5-piece main bath. 2nd good size bed with walk in closet plus the open den area, perfect for home office/reading nook. Garage + open 2nd parking. Updated MULTI-SPLIT HEATING & COOLING SYSTEM in 3 zones. All POLY B has been removed from the complex & replaced with PEX+NEW watermain/all NEW asphalt paving. 2 pets allowed. Enjoy sitting on the veranda. Easy access transit/shopping/schools. Fall in love with me...

OPEN HOUSE SATURDAY MARCH 28th 2:00-4:00pm

Sat, 28 Feb 2026 00:17:57 GMT

1250 Delta Ave Burnaby BC $1,795,000.00

Welcome Home 1250 Delta Ave in the very popular Brentwood Park Neighbourhood. 4 bed & 3 bath home with Brentwood Park Elementary & Alpha Secondary close by. Good size main floor with large living room, sliders off the dining room to the large sundeck. Kitchen has cook top & a wall oven.Convenient laundry off kitchen.The bedrooms are a good size. Hardwood flooring through much of main level. Lower level has a rec room +bedroom+ den area possible 2nd kitchen & laundry area.Lots of storage & a whole lot more. Great yard for children & Fido. Lane access with a double garage & open parking for many vehicles.May have the ability to have a suite for extended family, check with city. Brentwood Centre & Skytrain close by. OPEN HOUSE SATURDAY MARCH 28th 2:00-4:00pm. See you there!

How to maximize your bathroom storage

Tue, 10 Feb 2026 17:19:18 GMT

Small bathrooms work hard, from handling morning routines, to evening wind-downs and everything in between. Yet, they’re often the rooms that struggle the most with storage. If your countertop feels crowded or your vanity is overflowing, a few simple organizational upgrades can make a dramatic difference. With the right small bathroom storage ideas and layout tweaks, you can create a space that feels calm, functional and beautifully put together.

Here are practical, design-forward ways to maximize storage in a small bathroom and bring more order to your daily routine.

Swap traditional cabinets for smart drawers

If you’re planning an update, deep drawers can outperform standard cabinets in almost every way. They pull out fully, making it easier to see what you own and to store items upright instead of piling them. A custom notched top drawer can fit around your sink plumbing, turning awkward space into usable storage for makeup, skincare or grooming tools.

Working with existing cabinetry? Use adhesive hooks or slim organizers on the inside of cabinet doors to hold brushes, hand mirrors, small bottles and other grab-and-go items.

Choose a mirror that doubles as hidden storage

A medicine-cabinet mirror is one of the easiest ways to add storage without taking up floor space. These mirrors discreetly house everyday essentials, like cotton pads, dental care products, first-aid items and hair accessories, keeping the room looking clean and uncluttered.

For a more modern feel, consider a frameless design or a mirror with built-in LED lighting.

Prioritize what you actually use

In a small bathroom, minimizing what you store is just as important as adding new storage. Clear out expired products, relocate bulk cleaning supplies and move large packs of toilet paper to a hallway closet or basement.

Keep a few spare rolls accessible by placing them in a decorative basket on the toilet tank or a shelf. This frees up valuable under-sink space and gives the room a tidier look.

Maximize vertical space and overlooked walls

When floor space is limited, think up, not out. Install floating shelves or a compact cabinet above the toilet to house towels, guest toiletries, backup products or items you don’t reach for every day.

If you have an unused corner, a ladder shelf or a slim vertical tower creates storage without crowding the room.

Bring order to the inside of your cabinets and drawers

The secret to long-term organization often happens behind the scenes. Use stackable bins, drawer dividers, pull-out organizers or tiered trays to group similar items and maximize vertical space. Clear containers make it easy to see when you’re running low on essentials.

Add clever storage helpers

These simple additions can make a big difference in a small bathroom:

Over-the-door organizers for towels, robes or hot tools
Shower niches or hanging caddies to keep bottles off ledges
Magnetic strips for bobby pins, tweezers and grooming tools
Slim rolling carts that tuck into tight gaps between fixtures
Compact, wall-mounted hampers to eliminate bulky laundry baskets

Create a spa-inspired atmosphere

Once everything has a place, add a few visual touches that make your bathroom feel more relaxing:

Use warm, soft lighting and neutral colours
Incorporate plants or simple greenery
Choose matching storage containers for a seamless look
Add a plush bath mat or upgraded towels for a luxe finish

Your bathroom doesn’t need a full renovation to feel refreshed, just thoughtful storage choices, smart organization and a few well-placed design elements.

Just Listed 208 - 2110 Rowland Street Port Coquitlam

Tue, 10 Feb 2026 17:17:04 GMT

Fabulous 3 level townhome located in the heart of Port Coquitlam. This bright & spacious home with 3 bedrooms+playroom+office+den is perfect for a growing family.

Large living & dining area, galley kitchen with granite counters+ S/S appliances+pantry. Eating area nook. 2-piece powder room finishes the main floor. Above main has a laundry closet & 4-piece bath.

Top floor has large primary bedroom, walk-in closet & ensuite with double sinks+walk-in shower+soaker tub. Plus, private sundeck for relaxing on at the end of the day.

BBQ deck overlooking private garden, park a beautiful view of the mountains. Close to all levels of schools. Easy access to transit & highway. 2 underground parking spots + private storage room.

Don’t miss this beauty…

Listed at $995,000.00

A perfect gift for Valentines Day

Overnight lending rate remains at 2.25% following Bank of Canada’s first decision of 2026

Tue, 10 Feb 2026 17:09:09 GMT

Second straight hold keeps borrowing costs unchanged for Canadians

Today, in its first announcement of 2026, the Bank of Canada opted to hold the target for the overnight lending rate at 2.25%. This marks the second consecutive hold to interest rates.

Ongoing United States trade restrictions and geopolitical uncertainty continue to weigh on Canada’s economic growth and dampen consumer confidence. At the same time, inflation has remained relatively stable, giving the Bank of Canada room to maintain its current policy stance. Holding interest rates steady reflects a cautious approach as the Canadian economy adjusts to evolving economic conditions, balancing the need to support growth while keeping inflation firmly under control.

“The Canadian economy is adjusting to the structural headwinds of US protectionism. Businesses are reconfiguring supply chains and investing in new markets. We also expect to see some reallocation of capital and workers as new opportunities open up. This restructuring, including more diversified trade and a more integrated internal market, will support some recovery in our productive capacity. But it will all take some time,” said Tiff Macklem, Governor of the Bank of Canada, in a press conference with reporters following the announcement.

“Monetary policy cannot compensate for the structural damage caused by tariffs, and it cannot target hard-hit sectors of the economy. But it can play a supporting role, helping the economy through this period of structural change, while maintaining inflation close to the 2% target.”

Canada’s Consumer Price Index (CPI) rose 2.4% year over year in December, up from 2.2% in November, largely due to the federal government’s GST/HST holiday tax break that ran from December 2024 through February 2025, a temporary factor that distorted year-over-year comparisons. Meanwhile, the unemployment rate held steady in December, following three consecutive months of employment gains in September, October and November.

Rates hold steady as consumers prepare for spring market

As 2025 came to a close, Canada’s central bank signalled a shift toward supporting economic growth, with inflation now within its desired neutral range. With the next rate decision set for March, just ahead of the spring housing market, consumers are likely to see borrowing costs remain stable.

“Borrowing rates have moved back toward a more neutral setting – neither stimulating nor acting as a drag on economic activity. That’s a return to more normal conditions. Rates can still move modestly in either direction depending on how the economy evolves, but the most likely scenario is a period of stability,” said Phil Soper, president and CEO of Royal LePage®. “For homebuyers and those approaching a mortgage renewal, stability matters. It provides greater certainty around financing costs and allows households to make housing decisions based on need and affordability, rather than trying to time interest rate moves.”

According to the Royal LePage House Price Survey and Market Forecast, the aggregate1 price of a home in Canada decreased 1.5% year over year to $807,200 in the fourth quarter of 2025. On a quarter-over-quarter basis, the national aggregate home price posted a similar decline of 1.1%, reflecting softer market conditions and persistent buyer caution that weighed on activity during the traditionally active fall season.

The Bank of Canada will make its next interest rate announcement on March 18th, 2026.

Planning to buy a home this spring? Here’s what you can do now to prepare yourself.

Tue, 10 Feb 2026 17:07:32 GMT

Buying a home is one of the biggest financial decisions you’ll ever make, and preparation can make all the difference. Before you start booking showings or scrolling listings late into the night, taking a few key steps upfront can help you shop with clarity, confidence, and a competitive edge.

In a market where inventory can be limited and competition can increase during the peak spring season, being prepared isn’t just helpful – it’s strategic. Here’s how to set yourself up for success before you begin your home search.

Start with a clear wishlist

Before looking at homes, take time to define what you actually need versus what would simply be nice to have. Create a list and rank your priorities.

Consider the essentials first:

Number of bedrooms and bathrooms
Parking requirements
Layout preferences (single-level vs. multi-level, open concept vs. defined spaces)
Accessibility needs now and in the future

Then think beyond the walls of the home:

Proximity to work, schools, parks, restaurants, or transit
Access to community amenities or places of worship
Commute times and lifestyle fit

Be honest about what you’re willing to compromise on and what’s non-negotiable. This clarity will save time and reduce frustration later.

Narrow down the right neighbourhoods

Where you live matters just as much as the home itself. One of the biggest decisions buyers face is choosing the right neighbourhood, and in some cases, affordability may require flexibility.

If your preferred area is out of reach, expanding your search to nearby neighbourhoods or emerging communities can open up new options. A real estate professional can help identify areas that align with both your lifestyle priorities and your budget.

Find the right real estate agent early

While online listings are a great starting point, there’s no substitute for working with an experienced real estate professional. The right agent brings deep local market knowledge, negotiation expertise, and guidance through every step of the process.

They can:

Help refine your search based on real-time market conditions
Flag opportunities and potential concerns you might miss
Guide you through offers, conditions, and timelines
Assist with selling your current home, if applicable

Finding an agent early means you’re not navigating these decisions alone.

Build a realistic budget

Before committing to a price range, take a close look at your full financial picture. This goes beyond what a lender may say you qualify for.

Factor in:

Monthly mortgage payments
Property taxes and utilities
Insurance and ongoing maintenance
One-time costs like closing fees, land transfer taxes, moving expenses, and potential renovations
Other regular debt repayments, such as car and student loans
Contributions to RRSPs, RESPs and other long-term savings plans
Your lifestyle and the expenses that come with it, such as childcare, pet care, vacations, and discretionary spending

The goal is to feel comfortable – not stretched – once the purchase is complete.

Get pre-approved for a mortgage

Mortgage pre-approval is one of the strongest tools you can have as a buyer. Once you know your down payment amount and monthly comfort level, a mortgage professional can provide a written pre-approval outlining what you can afford.

This step:

Clarifies your true buying power
Helps you act quickly when the right home appears
Strengthens your offer in competitive situations
May reduce or eliminate the need for a financing condition

In fast-moving markets, a pre-approval can be the difference between securing a home and missing out.

Buying a home starts long before your first showing. By getting organized, building the right team, and understanding your priorities and finances upfront, you will be in a much stronger position to succeed.

Top paint colours of 2026

Tue, 10 Feb 2026 17:06:08 GMT

As home design trends continue to shift toward warmth and personal expression, 2026’s leading paint colours offer a refreshing break from the cool, minimalist palettes of recent years. This year, we’re seeing a strong return to earthy neutrals, rich jewel tones, and nature-inspired hues, colours that evoke calm, sophistication, and depth.

Whether you’re planning a full home refresh or looking to add modern accents, these trending shades are designed to bring style and balance to any space.

Pantone: Cloud Dancer (11-4201)

Soft, serene, and effortlessly adaptable, Pantone’s 2026 Colour of the Year brings a gentle clarity to interior spaces. Its warm undertone sets it apart from cooler whites, offering a subtle elegance that pairs beautifully with both muted earth tones and bolder accent colours. In living rooms, it creates a light, open atmosphere that enhances natural light and evokes a sense of calm.

In kitchens, it creates a clean, refined look, especially when used on cabinetry or walls alongside wood finishes or brushed metal accents. This shade’s versatility makes it an ideal choice for creating interiors that feel both fresh and timeless.

Behr: Hidden Gem (N430-6A)

Rich and quietly bold, this refined blue-green brings a sense of depth and tranquility to interiors. With its smoky, jewel-toned quality, this shade offers versatility across a range of design styles – from modern minimalism to classic comfort. It makes a striking statement on walls or cabinetry, especially when paired with warm neutrals, natural textures, or soft metallic finishes. Whether used as an anchor in a monochromatic palette or as a sophisticated contrast to lighter tones, it adds character while maintaining a sense of calm.

Sherwin-Williams: Universal Khaki (SW 6150)

Universal Khaki is a warm, earthy neutral that embodies timeless simplicity and effortless versatility. This mid‑tone tan carries gentle undertones that bridge beige and green, giving it a balanced warmth that works beautifully in a wide range of settings. It’s designed to serve as a reliable foundation hue that enhances both modern and classic interiors, creating a calming backdrop that pairs well with natural materials like wood and stone as well as richer accent colors.

Benjamin Moore: Silhouette (AF-655)

Drawing from a renewed appreciation for craftsmanship and timeless style, Benjamin Moore’s Silhouette is a deep, sophisticated neutral that blends rich espresso tones with subtle charcoal undertones, creating a hue that feels both refined and grounded. It was inspired by classic tailored suiting and the enduring appeal of well‑made wardrobe staples, resulting in a colour that brings warmth and quiet elegance to interiors without overwhelming them.

Whether used to anchor a living room, add depth to cabinetry or create contrast with lighter accents, this versatile shade integrates seamlessly into contemporary and traditional spaces alike, and is complemented by a curated 2026 palette designed for layered, harmonious looks.

Valspar: Warm Eucalyptus (8004‑28F)

This naturally restorative green is grounded in warm, muted tones that evoke both comfort and tranquility. Inspired by vintage palettes and outdoor influences, this soft green strikes a balance between serene sophistication and timeless appeal, making it flexible enough for full‑room applications or accent details. Whether used to color‑drench a bedroom for a calming retreat or refresh cabinetry in living spaces and kitchens, Warm Eucalyptus brings a sense of nostalgia and harmony that aligns with a growing desire for more intentional, nature‑rooted design.

Glidden: Warm Mahogany (PPG 1060-7)

For 2026, Glidden’s featured hue reflects a shift toward richer, more expressive colour in interior design, embracing warmth and personality over cool minimalism. This deeply saturated red‑terra tone brings a sense of comfort, depth, and timeless expression to rooms, making it suitable for spaces where connection and character matter, from cozy dining areas and intimate living rooms to accent walls that anchor a scheme. It pairs beautifully with natural textures like wood and leather, as well as soft metallics, providing both a dramatic focal point and a grounded backdrop that works with a broad range of décor styles.

New year, same housing market in Metro Vancouver

Tue, 10 Feb 2026 17:03:31 GMT

Last year’s market trends continued in January as home sales registered on the MLS® in Metro Vancouver were 28.5 per cent lower than last year, setting the year off to a quieter start.

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 1,107 in January 2026, a 28.7 per cent decrease from the 1,552 sales recorded in January 2025. This was 30.9 per cent below the 10-year seasonal average (1,602).

“On their own, the January sales appear alarming, but it’s important to put these figures in the context of the past few years. Last year ended with one of the lowest sales totals in over two decades, and so it’s not surprising that the January sales figures were fourth slowest in over two decades as well,” said Andrew Lis, GVR’s chief economist and vice-president, data analytics. “Market momentum is a slowly evolving force, and in many ways, the January figures represent a market that continues slowly evolving to what may be a new normal.”

There were 5,157 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in January 2026. This represents a 7.3 per cent decrease compared to the 5,566 properties listed in January 2025. This was 19.4 per cent above the 10-year seasonal average (4,318).

The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 12,628, a 9.9 per cent increase compared to January 2025 (11,494). This is 38 per cent above the 10-year seasonal average (9,153).

Across all detached, attached and apartment property types, the sales-to-active listings ratio for January 2026 is 9.1 per cent. By property type, the ratio is 6.7 per cent for detached homes, 11.1 per cent for attached, and 10.3 per cent for apartments.

“Our recent 2026 forecast suggests this year is likely to resemble 2025 on many fronts, and we expect sales to remain tepid. When paired with sellers remaining eager to list, inventory will likely remain elevated relative to historical averages and, as a result, we expect prices to finish the year relatively unchanged,” Lis said. “As consumers adjust to the ongoing backdrop of political and economic uncertainty, we expect a degree of pent-up demand to re-enter the market at some point. Whether it will happen in 2026 remains an open question, and we’ll be watching the market closely for signs of improvement.”

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,101,900. This represents a 5.7 per cent decrease over January 2025 and a 1.2 per cent decrease compared to December 2025.

Sales of detached homes in January 2026 reached 300, a 21.1 per cent decrease from the 380 detached sales recorded in January 2025. The benchmark price for a detached home is $1,850,800. This represents a 7.3 per cent decrease from January 2025 and a 1.5 per cent decrease compared to December 2025.

Sales of apartment homes reached 554 in January 2026, a 34.5 per cent decrease compared to the 846 sales in January 2025. The benchmark price of an apartment home is $704,600. This represents a 5.9 per cent decrease from January 2025 and a 0.8 per cent decrease compared to December 2025.

Attached home sales in January 2026 totalled 246, a 23.4 per cent decrease compared to the 321 sales in January 2025. The benchmark price of a townhouse is $1,043,400. This represents a 5.4 per cent decrease from January 2025 and a 1.2 per cent decrease compared to December 2025.

Download GVR's January 2026 MLS® Housing Market Report

Small space? You can still have a home gym

Sat, 24 Jan 2026 22:58:21 GMT

Creating a home gym doesn’t require a huge footprint or a major renovation, just a bit of creativity and the right equipment. Whether you live in a condo, a townhouse or a home with limited flex space, you can still build an area that supports your fitness goals and fits seamlessly into your lifestyle. With thoughtful planning, even the smallest corner can become a motivating, well-organized workout zone.

Here are some practical tips to help you create a small home gym that’s functional, affordable and perfectly tailored to your routine.

Start with portable, versatile equipment

You don’t need an elaborate setup to get a great workout. A few compact, budget-friendly essentials can go a long way:

A yoga or exercise mat
A stability (Swiss) ball
Resistance bands
A jump rope
An equalizer bar or lightweight step

These items are easy to store, easy to move and offer endless workout options. Thousands of free online classes, from strength training to Pilates to HIIT, rely on minimal or bodyweight-only equipment – perfect for small spaces.

Choose equipment that maximizes space

Large dumbbell racks and heavy machines take up valuable room. Instead, choose smart alternatives that deliver the same benefits:

Adjustable hand weights that replace an entire set of dumbbells
Kettlebells of varying sizes, which are incredibly versatile and easy to tuck away
Foldable benches or compact workout stools that slide under a bed or into a closet

The goal is to get maximum function from minimal square footage.

Create a multi-purpose workout zone

A dedicated workout area is ideal, but not always possible. If space is tight, think strategically:

Store your equipment in a labeled bin, basket or rolling cart and keep it near your usual workout spot.
If you follow online workout videos, use a room with a TV or enough space for your laptop to sit at eye level.
Consider rearranging furniture temporarily during your workout, then reset the room when you’re done.
A living room, den or bedroom can easily double as your home gym with the right setup.

Protect your floors (and your joints!)

If you do have a designated spot for exercising, investing in foam or rubber puzzle mats is a smart choice. They:

Provide cushioning for high-impact movements
Protect your floors from weights and equipment
Improve traction to help prevent slips
Are inexpensive and easy to assemble or store

Because they snap together and don’t need adhesive, you can remove them quickly if you want to repurpose the space.

Add small touches that boost motivation

Even a compact home gym can feel energizing with a few thoughtful elements:

Good lighting (natural or artificial)
A small shelf for a speaker or smart display
A plant to bring in some life and colour
A basket or tray to keep towels and accessories tidy
These subtle upgrades make the space feel more purposeful and enjoyable to use.

Keep resale value in mind

While it might be tempting to add built-in features like wall-to-wall mirrors, consider how future buyers might see the space. Permanent fixtures can limit how the next homeowner uses the room. Instead:

Choose mirrors that hang rather than mount permanently
Avoid structural changes meant only for gym use
Stick to upgrades that are easy to remove or repurpose

This ensures your home gym works for you today without affecting your home’s appeal tomorrow.

With the right approach, your small space can become a home gym that’s practical, motivating and surprisingly stylish, proving that you don’t need a large area to create a big impact.

Canadian housing market ends 2025 on a subdued note: CREA

Sat, 24 Jan 2026 22:55:53 GMT

Canada’s housing market ended 2025 on a quiet note, with both sales and prices edging down in December, according to the Canadian Real Estate Association (CREA). While the market had shown signs of recovery mid-year, December capped off 2025 with a more subdued tone as buyers remained cautious and inventory levels continued to adjust.

National home sales recorded through Canadian MLS® Systems declined by 2.7% in December compared to the previous month. For the year as a whole, 470,314 residential properties were sold, representing a 1.9% decrease from 2024.

“There doesn’t appear to have been much rhyme or reason to the month – over-month decline in home sales in December, which was simply the result of coincident but seemingly unrelated slowdowns in Vancouver, Calgary, Edmonton, and Montreal,” said Shaun Cathcart, CREA’s Senior Economist, in the report. “For that reason, it would be prudent for market observers to resist the temptation to trace a line from the end of 2025 into 2026. Rather, we continue to expect sales to move higher again as we get closer to the spring, rejoining the upward trend that was observed throughout the spring, summer, and early fall of last year.”

New listings continue to ease

Newly listed properties fell by 2% month over month in December, marking the fourth consecutive monthly decline. With sales falling slightly more than new supply, the national sales-to-new listings ratio edged down to 52.3% from 52.7% in November. This remains in line with long-term norms, suggesting balanced market conditions.

At year-end, there were 133,495 homes listed for sale across Canada, up 7.4% from December 2024, though still 9.9% below the historical average for this time of year. Inventory levels have been trending downward since May, a reflection of the demand surge mid-year, and could tighten further as the 2026 spring market approaches.

The number of months of inventory at the national level stood at 4.5 in December, up slightly from 4.4 where it had held steady since August. The long-term average is five months, with anything below 3.6 considered a seller’s market, and above 6.4 classified as a buyer’s market.

Prices see modest decline

The MLS® Home Price Index (HPI) slipped by 0.3% in December compared to November, echoing the previous month’s decline. This softening may reflect some end-of-year price adjustments by sellers aiming to complete transactions before 2026. Most of the downward pressure on prices came from Ontario’s Greater Golden Horseshoe region.

On an annual basis, the non-seasonally adjusted national HPI was down 4% compared to December 2024. Condominiums and townhomes experienced steeper price declines, while one- and two-storey detached homes showed more resilience.

The national average home price in December was $673,335, essentially unchanged from a year earlier, edging down just 0.1%.

“While we remain in the quiet time of year for a little while longer, the spring market is now just around the corner, and it is expected to benefit from four years of pent -up demand, and interest rates that at this point are about as good as they are going to get,” said Valérie Paquin, CREA Chair. “Barring any further major uncertainty -causing events, that means we should see a more active market this year.”

Looking ahead: 2026–2027 forecast

National home sales are forecast to rise by 5.1% in 2026, reaching 494,512 transactions. The rebound is expected to be broad-based, though the pace of growth may vary by region.

The national average home price is projected to increase by 2.8% in 2026, reaching $698,881. More moderate price gains are expected in provinces like British Columbia, Alberta, Ontario, and Nova Scotia. In contrast, Saskatchewan, Quebec, and Newfoundland and Labrador could see stronger price appreciation, though still slower than the 6% to 8% gains recorded in 2025. In these markets, price growth is expected to moderate to between 3% and 6%.

Looking to 2027, home sales are projected to increase by another 3.5%, bringing the national total to 511,966. Average prices are forecast to rise by 2.3% to $714,991. Saskatchewan and Quebec may once again lead in price growth, while most other provinces are expected to see modest increases in the 1% to 2.5% range. If this holds, it would mark the seventh consecutive year where the national average home price remains close to the $700,000 threshold.

How to find the right tenants for your investment property

Sat, 24 Jan 2026 22:54:20 GMT

Securing reliable tenants is essential for maintaining steady rental income and minimizing potential issues. The process requires careful screening, clear communication, and full compliance with anti-discrimination and privacy laws.

What can you ask prospective tenants?

Consult a legal professional or landlord association to ensure you follow applicable rental laws. Acceptable and relevant questions may include:

Full name, address, and date of birth (for credit checks)
Government-issued ID details to confirm identity
Past rental experience (note: lack of history is not grounds for rejection)
Permission to run credit checks and contact references
Source of income and monthly expenses to assess financial stability
Employment status and workplace (to verify stability)
Names of all occupants (for security and lease documentation)

It is acceptable to ask specific, relevant questions that help assess a tenant or buyer’s suitability, provided they are framed appropriately and respect privacy laws. Examples include inquiring about their income to ensure they can meet financial obligations, confirming whether they are employed and where they work to verify stability, and asking who will be living in the property along with their names for security and lease documentation purposes. These questions should always be asked in a professional manner and limited to information directly related to the transaction.

What topics and questions do you need to avoid?

Avoid questions that may be considered discriminatory or invasive, including:

Personal identifiers: SIN, age, country of origin, religion, gender expression, family status
Protected characteristics: disabilities, sexual orientation, pregnancy status, whether they have children, marital status
Financial status beyond affordability, such as whether they are on social assistance
Past disputes or legal conflicts
Lifestyle choices, such as smoking (instead, specify in the lease if the property is non-smoking)

Staying within these boundaries ensures compliance with human rights legislation and fosters professional, respectful interactions.

Define your ideal tenant

Before you list your rental property, take time to consider what characteristics your ideal tenant would have and what restrictions you wish to impose. Clarifying these details in advance ensures a smoother, more effective, process. Key aspects to consider include:

Minimum income requirements
Guarantor policies for lower income applicants
Preferred length of previous rental history
Desired move-in date and lease term (short- or long-term)
Quality of references from employers and landlords
Pet and smoking policies
Tenant profile (e.g., professionals, students, families)

Write a clear rental listing

A well-written listing helps attract the right tenants from the start. Position the most crucial information prominently. Be clear on any requirements, such as a pet-free or smoke-free environment.

Pre-screen potential tenants effectively

Create a standardized pre-screening questionnaire to quickly determine whether an applicant meets your basic criteria before scheduling viewings. This helps clarify whether a potential tenant is qualified enough to be considered further.

Meet in person

Meet potential tenants in person to evaluate them thoroughly and allow them to see the property. An in-person viewing allows you to answer questions, gauge the applicant’s interest, and observe communication style and professionalism.

Application and verification

The application process offers an opportunity to gain deeper insights into potential tenants while staying within legal boundaries. During the application process, collect only legally permitted information:

Rental history
Income verification
References
Credit scores

Evaluate their responsiveness and communication as additional indicators of reliability. Verify all information, including identity, employment, and landlord references, and consider a criminal background check where permitted.

Assess rent affordability

Determine if the tenant can comfortably afford the rent. Confirm their rent-to-income ratio, and follow the guideline that rent should not exceed 35% of the tenant’s gross income to ensure affordability.

Screening best practices

Screen co-applicants and all adults who will live in the property to avoid risks from unscreened individuals
Apply uniform standards to all applicants to avoid bias and ensure fairness; consistency also simplifies the screening process and helps avoid legal issues
Use comprehensive and standardized application forms and questions to ensure you gather consistent and relevant information
Keep detailed, organized and secure records of all applications, communications and decisions made during the tenant selection process, to protect yourself in case of disputes and provide a clear audit trail of your decision-making process

A consistent, compliant, and thorough tenant selection process will help you secure reliable renters, protect your property, and maintain steady cash flow.

Are you or someone you know thinking about investing in real estate? Work with a local RLP InvestorsEdgeTM agent who can help you every step of the way.

Cautious spring rebound anticipated, as buyers balance opportunity with economic concerns

Sat, 24 Jan 2026 22:52:38 GMT

Prices and sales activity eased in the final quarter of 2025 amid tariff uncertainty and the typical year-end slowdown

The Canadian real estate market closed out 2025 with a modest decline in housing prices, reflecting lingering hesitation among buyers. Looking ahead to spring, lower borrowing costs may support a gradual return of activity, but economic uncertainty is expected to keep momentum in check.

According to the Royal LePage® House Price Survey and Market Forecast, the aggregate1 price of a home in Canada decreased 1.5% year over year to $807,200 in the fourth quarter of 2025. On a quarter-over-quarter basis, the national aggregate home price posted a similar decline of 1.1%, reflecting softer market conditions and persistent buyer caution that weighed on activity during the traditionally active fall season.

The Royal LePage National House Price Composite is compiled from proprietary property data nationally and regionally in 64 of the nation’s largest real estate markets. When broken out by housing type, the national median price of a single-family detached home decreased modestly by 0.8% year over year to $849,100, while the median price of a condominium decreased 2.9% to $575,300. On a quarter-over-quarter basis, the median price of a single-family detached home and a condominium declined 1.3% and 0.9%, respectively. Price data, which includes both resale and new build, is provided by RPS Real Property Solutions, a leading Canadian real estate valuation company.

Condo market softness continues in urban centres

Price softness in Toronto and Vancouver has been most evident in the condominium segment, which remains challenged by headwinds from elevated inventory levels, a pull-back from investors, and hesitancy among first-time buyers who often enter the market via this property segment.

“Condominium markets in major urban centres remain under pressure, as weaker demand continues to collide with increased supply,” said Soper. “During the brief period of elevated interest rates following the pandemic, many small-scale investor-landlords found the cash flow math no longer worked. Higher carrying costs forced some to exit the market, adding to resale supply.

“Under normal conditions, investors would be expected to return as borrowing costs eased through 2024 and 2025. This time, however, the timing worked against them. Reductions in immigration numbers, as well as quotas for temporary foreign workers and international students, have sharply curtailed rental demand, leaving fewer tenant customers just as rates began to fall.”

Spring market to see modest momentum

Spring has historically been one of the most active periods in the housing market calendar, driven by improved weather conditions, pent-up demand from the winter months, and the flexibility to move during the summer. In 2026, the spring market is expected to bring a renewed sense of momentum, though not the sharp surge in activity seen in past cycles. Continued consumer caution and a lingering lack of urgency are likely to temper both sales activity and price growth, keeping market conditions more balanced.

“The conditions are in place for a more active spring market in 2026. Interest rates are no longer a barrier to home ownership, inventory levels are healthy, and economic indicators continue to point to moderate growth in both GDP and employment,” said Soper.

“What continues to be a drag on the housing market is consumer confidence. Greater clarity on trade relations with the United States would certainly help, but there’s also a more subtle shift underway. After a full year of economic and political turbulence, more and more households have given up waiting for perfect certainty and are refocusing on what is happening at home, and what matters most: securing the right housing for their families. As that adjustment takes hold, we expect it to gradually translate into increased market participation.”

Read Royal LePage’s fourth quarter release for national and regional insights.

Fourth quarter press release highlights:

The Greater Montreal Area’s aggregate home price increased 4.5% year over year, while the greater Toronto and Vancouver markets recorded declines of 5.7% and 4.1%, respectively, in the fourth quarter.
Quebec City recorded the highest year-over-year aggregate price increase (13.2%) among Canada’s major regions for the seventh consecutive quarter.
Royal LePage expects spring market activity to rise, but not surge, as buyers re-engage amid reduced borrowing costs and improved housing affordability.

NATIONAL PRESS RELEASE

Q4 PRICE CHART

FORECAST CHARTAnne-Elise Cugliari Allegritti

VP of Research & Communications, Royal LePage

Anne-Elise and her team work to create relevant and easily digestible data-driven content about Canada’s national and regional housing markets, including invaluable insights from experts in the Company’s coast-to-coast network. Before joining Royal LePage’s Communications and Public Relations team in 2020, she studied broadcast journalism and worked in both the public and non-profit sectors.

Slight uptick in activity as fall housing market gets underway; price growth lags behind

Sat, 01 Nov 2025 19:24:48 GMT

Canada’s most expensive cities record price declines, while growth slows in other major markets in Q3

Across much of the country, rising inventory levels combined with easing borrowing costs are helping shift many real estate markets into a more balanced state. This is creating improved conditions for buyers, who are benefiting from more choice and better affordability than in recent years. However, not all buyers are ready to step back into the market. With some demand still sitting on the sidelines – whether due to lingering economic uncertainty, affordability concerns, or expectations of further rate cuts – most major cities have yet to experience a meaningful boost in buyer activity.

According to the Royal LePage® House Price Survey and Market Forecast released today, the aggregate price of a home in Canada recorded virtually no change in the third quarter of 2025, increasing just 0.1% year over year to $816,500. However, on a quarter-over-quarter basis, the national aggregate home price posted a decline of 1.2%, driven by depreciation in many major markets across the country over the summer.

When broken out by housing type, the national median price of a single-family detached home increased 1.2% year over year to $860,600, while the median price of a condominium decreased 1.6% to $580,700. On a quarter-over-quarter basis, the median price of a single-family detached home and a condominium declined 1.1 and 1.9%, respectively. Price data, which includes both resale and new build, is provided by RPS Real Property Solutions, a leading Canadian real estate valuation company.

“Canada’s housing market is shifting toward balance, as easing prices, rising listings and renewed rate cuts improve affordability across most regions,” said Phil Soper, president and CEO, Royal LePage. “For the first time in years, buyers – especially in previously supply-strapped markets – have real choice and negotiating power. With confidence returning and further rate reductions expected into early 2026, we anticipate noticeably stronger activity by the spring.”

Following a slower-than-usual start to the year, home sales picked up late in the spring and have consistently increased over the last five months, according to the Canadian Real Estate Association (CREA).

“Affordability is improving and the economic backdrop remains remarkably stable, yet consumer confidence is lagging,” said Soper. “Many buyers remain hesitant – some worried about broader economic uncertainty, others waiting to see if prices dip a little further before stepping in.”

Compared to the peak of pandemic pricing in the spring of 2022, national home prices have come down by approximately five per cent, driven by depreciation in the urban centres of Toronto and Vancouver, where prices are currently sitting more than 12% below the peak. Meanwhile, home prices have continued to appreciate in Quebec, the Prairies and Atlantic Canada.

“Buyer sentiment is being influenced by a complex mix of economic and psychological factors,” said Soper. “Despite materially improved affordability in major cities, many Canadians – particularly younger ones – remain cautious amid high post-pandemic living costs, perceived job uncertainty, and general unease about our economic prospects. It’s understandable that some are waiting before making such a significant purchase.”

According to a recent Royal LePage survey, conducted by Burson, more than four in five Canadians (82%) who say they are actively working towards the purchase of their first residential property say they are planning to hold off for at least another year.

Fall rate cut gives buyers another boost

In its scheduled September 17th announcement, the Bank of Canada cut the overnight lending rate by 25 basis points to 2.5%, the first rate cut since March. With trade tensions with the United States choking economic growth, the central bank’s Governing Council opted to lower the cost of borrowing. And, some economists expect there could be more cuts to come.

“Inflation has remained within the Bank of Canada’s target range for twenty consecutive months, a positive sign for the economy,” said Soper. “Unemployment has stayed manageable, yet job insecurity, particularly among younger Canadians, will persist until Canada reaches a new trade agreement with the United States. While mortgage rates remain above their pandemic lows, the Bank’s recent rate cut is easing pressure on borrowers. Rates are once again in the threes – a level that feels supportive by the standards of the past two decades.”

Read Royal LePage’s third quarter release for national and regional insights.

Third quarter press release highlights:

The Greater Montreal Area’s aggregate home price increased 4.9% year over year, while the greater Toronto and Vancouver markets recorded declines of 3.5% and 3.1%, respectively, in the third quarter.
National year-end forecast adjusted downward due to price declines in greater regions of Toronto and Vancouver, with the aggregate price of a home now expected to increase a modest 1.0% in Q4 2025 over the same quarter last year.
Royal LePage applauds federal government’s commitment to build more housing; warns that greater efforts are needed to materially boost supply long-term.

NATIONAL PRESS RELEASE

Q3 PRICE CHART

FORECAST CHART

10 questions to ask when purchasing a century home

Sat, 01 Nov 2025 19:22:52 GMT

Architecturally-unique with a charming elegance, century homes hold a special place in the hearts of homeowners and history enthusiasts alike. Their timeless designs, intricate details, and distinguished past make them a popular choice for buyers seeking a property with character.

However, owning a home that’s stood the test of time comes with its own set of challenges. If you’re considering investing in a century home, this guide will walk you through key details to consider and questions to ask before making your decision.

What exactly is a ‘century home’?

A century home often refers to a property that is at least 100 years old. These homes are often recognized for their distinctive architecture, handcrafted features, and historical significance. From Victorian mansions to quaint farmhouses, century homes showcase the design trends of their era, making each one a unique piece of history.

While they offer undeniable charm, it’s important to remember that century homes may require more maintenance and care than newer builds. Understanding their unique characteristics is the first step in determining if this type of home aligns with your lifestyle and goals.

Should you invest in a century home?

Century homes have a lot to offer, from their distinctive character to the pride of owning a piece of history. However, they may not be the right fit for you. Consider the following:

Benefits:

Unique architectural details such as crown molding, hardwood floors, and stained-glass windows
Larger lot sizes and mature landscaping that are often hard to find in modern developments
The charm and prestige of owning a historically-significant property

Challenges:

Older homes often have outdated systems, such as plumbing, wiring, and insulation, which may require costly updates
Potential for hidden issues, such as foundation cracks or outdated building materials like lead paint or asbestos
Maintenance demands can be higher compared to newer homes
Heritage designations can sometimes prevent desired updates

What red flags should I look out for when shopping for?

As you walk through a century home, here are some red flags you can look for without needing specialized tools or expertise:

Uneven floors: Notice if the floors feel sloped or saggy – this could indicate structural or foundation issues.
Drafts around windows and doors: Check for drafts by feeling with your hand or using a lit incense stick, watching for uneven smoke movement. This may suggest poor insulation or aging window frames.
Cracks in walls or ceilings: Visible cracks, especially near windows and doors, can be signs of settling or structural problems.
Peeling paint or stains: Water stains on ceilings or walls may point to roof leaks or plumbing issues.
Mildew or musty smells: These odours could indicate moisture problems or hidden mould.
Doors and windows that stick: Difficulty opening or closing doors and windows might signal foundation shifting.
Rusty or corroded fixtures: Look for rust on pipes, radiators, or other metal fixtures, which could hint at plumbing concerns.
Exterior wear and tear: Examine the condition of siding, roofing, and gutters for signs of neglect or age.

What questions should I ask before purchasing a century home?

Ask these 10 questions when shopping for a century home to ensure you’re making an informed decision:

What is the home’s maintenance and renovation history?
Are there any heritage restrictions on the property?
What do the inspection reports reveal?
What’s the condition of the foundation and basement?
What heating system is being used?
Have the windows or doors been replaced? If so, when?
If there’s a chimney, does it require repair/replacement?
Are there receipts/warranties for any past work?
Are there programs or grants available in the area to help offset any replacement or renovation costs?
Are there any pest problems?

Century homes offer a rare opportunity to own a property steeped in history and charm. However, buying one requires careful consideration and due diligence. By understanding what to look for and asking the right questions, you can make a confident decision that ensures your century home remains a place for family and friends to gather for years to come.

If you’re ready to start your search for the perfect century home, connect with a Royal LePage® agent today. With their expertise, you can navigate the process with confidence and uncover a home that meets your needs and aspirations.

Overnight lending rate drops to 2.25% as Canadian economy contracts, trade uncertainty prevails

Sat, 01 Nov 2025 19:15:10 GMT

The Bank of Canada delivered another 25 basis point cut to the key lending rate

Today, the Bank of Canada announced that it has cut the overnight lending rate yet again by 25 basis points to 2.25%. This is the second consecutive rate cut the Bank has made this fall, and the third cut this year.

Though the global economy has held up surprisingly well against the surge in tariffs from the United States, the effects are starting to show, according to the Bank. Trade patterns are shifting, and uncertainty around ongoing tensions is discouraging investment in many countries. In Canada, those pressures were felt in the second quarter, when the economy shrank by 1.6%, due to falling exports and weaker business investment.

“Canadian businesses and households are feeling the consequences of increased US protectionism. It is difficult, and ongoing uncertainty is compounding the difficulty. For many months, we have been stressing that monetary policy cannot undo the damage caused by tariffs. Increased trade friction with the United States means our economy will work less efficiently, with higher costs and less income. Monetary policy can help the economy adjust as long as inflation is well-controlled, but it cannot restore the economy to its pre-tariff path,” said Tiff Macklem, Governor of the Bank of Canada, in a press conference with reporters following the announcement.

“The Bank of Canada is focused on ensuring Canadians continue to have confidence in price stability through this period of global upheaval.”

In September, Canada’s Consumer Price Index (CPI) rose 2.4% year over year, an increase from the 1.9% gain reported in August. While inflation edged higher, the Bank of Canada proceeded with a rate cut, signaling its focus on supporting growth amid signs of economic softness. The unemployment rate held steady in September, following an uptick the previous month, suggesting lingering weakness in the labour market.

“US trade policy remains unpredictable, as events over the weekend reminded us. There continues to be considerable uncertainty, both about US tariffs and their impacts. The range of possible outcomes is wider than usual – we need to be humble about our forecast. If the outlook changes, we are prepared to respond,” said Macklem.

Second fall rate cut a tailwind for homebuyers

Following a slower-than-usual spring, housing activity in Canada’s largest markets edged higher through the summer months. With borrowing costs decreasing yet again, the stage is set for sidelined buyers to return to the market.

According to the latest Royal LePage® Home Price Update and Market Forecast, the aggregate1 price of a home in Canada eased upwards modestly in the second quarter of 2025, increasing 0.3% year over year to $826,400. On a quarter-over-quarter basis, the national aggregate home price decreased by 0.4%.

“Unemployment has stayed manageable, yet job insecurity, particularly among younger Canadians, will persist until Canada reaches a new trade agreement with the United States,” said Phil Soper, president and CEO of Royal LePage, in the report. “While mortgage rates remain above their pandemic lows, the Bank’s recent rate cut is easing pressure on borrowers. Rates are once again in the threes – a level that feels supportive by the standards of the past two decades.”

The Bank of Canada will make its next and final interest rate announcement for 2025 on December 10th.

Read the full October 29th report here. Want to know more about how the overnight lending rate works? Read our explainer on how the Bank of Canada uses this financial tool.

NEW LISTING 1250 DELTA AVE BURNABY BC

Sat, 01 Nov 2025 19:11:52 GMT

Welcome to 1250 Delta Ave in the very popular Brentwood Park Neighbourhood.

This 4 bed & 3 bath home is in a fabulous location with Brentwood Park Elementary & Alpha Secondary School a short stroll away.

Good size main floor with large living room, sliders off the dining room to the large sundeck. Kitchen has cook top & a wall oven. Convenient laundry off kitchen. The bedrooms are a good size.

Hardwood flooring through much of main level. Lower level has a rec room +bedroom+ den area possible 2nd kitchen & laundry area.

Lots of storage & a whole lot more. Great yard for children & Fido. Lane access with a double garage & open parking for many vehicles.

May have the ability to have a suite for extended family, check with city. Brentwood Centre & Skytrain close by.

OPEN HOUSES SAT & SUN 2-4pm

Royal LePage Shelter Foundation Night Light Walk

Sat, 04 Oct 2025 22:25:55 GMT

Walk. Shine. Support.

On October 23, at 7:00 p.m. PDT, join us at Town Centre Park – West Lawn for the Royal LePage® Shelter Foundation™ Night Light Walk™ presented by TD – Coquitlam 2025—a meaningful 3 km journey under lantern-lit streets in support of women and children escaping intimate partner violence.

A special shout-out to our hosts—Royal LePage® Elite West, Royal LePage® Sterling Realty, and Royal LePage® West Real Estate Services—for helping us light the path forward.

Each walker will glow with a red toque and LED bracelet—join the movement and shine for change. Register today to make every step count: https://raceroster.com/.../royal-lepage-shelter...

#NightLightWalk #ShelterFoundation #TogetherWeWalk #SupportSurvivors #EndDomesticViolence

Royal LePage Shelter Foundation Night Light Walk

Sat, 04 Oct 2025 22:25:45 GMT

Walk. Shine. Support.

A special shout-out to our hosts—Royal LePage® Elite West, Royal LePage® Sterling Realty, and Royal LePage® West Real Estate Services—for helping us light the path forward.

Each walker will glow with a red toque and LED bracelet—join the movement and shine for change. Register today to make every step count: https://raceroster.com/.../royal-lepage-shelter...

#NightLightWalk #ShelterFoundation #TogetherWeWalk #SupportSurvivors #EndDomesticViolence

2 Weeks to Go before Emily Leaves for the RLP SHELTER FOUNDATION CAMBODIA TREK

Sat, 04 Oct 2025 19:20:01 GMT

Cambodia Challenge for Shelter!

For 5 days, I’ll be trekking alongside like-minded colleagues from coast to coast all in support of the Royal LePage Shelter Foundation. While my trek towards the picturesque temples of Angkor Wat will be immensely rewarding, it will not be easy! Days will be long, hot, and humid, and jet lag will be intense. I will be going without the comforts of home, sleeping in a small tent, using rustic bathroom facilities, and unplugging completely from cell service and technology.

To be eligible to take part, I will pay my own trek and travel expenses and must raise at least $6,000 for the Royal LePage Shelter Foundation. Of the funds I raise, 80% will be directed to my local women’s shelter, and 20% will fund national domestic violence prevention programs.

I was personally a victim of domestic violence in a past relationship. I know the feeling that exists out there for women. I know what it’s like to feel like you have nowhere to turn. I want to be not only a voice, but also a vehicle for change. I want to change and better the lives of women and children who are affected by domestic violence.

I know the adventure ahead will test me both physically and emotionally, but I’ve raised my hand because I believe that a house is only a home when the people who live there feel safe. As I face this challenge, I will draw strength knowing that every dollar I raise and every kilometer I walk will help make it easier for women and children to find the safety, hope, and healing they deserve.

Will you join me by donating towards my fundraising goal?

https://secure3.convio.net/rlsf/site/TR/Events/General?px=1066204&pg=personal&fr_id=1370

Thank you for your support!

The Royal LePage Shelter Foundation issues tax receipts in February for all donations of $20 or more made in the previous calendar year.

Emily Taverna Royal LePage West Real Estate Services 604-760-3990

Decorate your home with ease this fall

Sat, 04 Oct 2025 19:16:46 GMT

Fall is a beautiful time of year. As the leaves change colour, pumpkin patches open, and people enjoy spiced lattes and sweater weather, it’s only fitting to add a little fall flair to your home as well. And, seasonal décor doesn’t have to be difficult or break the bank.

Just in time for the Thanksgiving long weekend, here are some simple tips to warm up your home and a touch of autumn to your style:

Warm up your front entrance

Adorn the front of your home with fall-inspired welcome mats, wooden crates, and squash in various shapes and sizes. The beauty of fall is that there is no symmetry needed. Scatter different sized boxes, fall signs and a mix of small and large decorative pumpkins (real or fake). Hang a fall wreath made of twigs, and add a brown, orange or burgundy ribbon for a pop of colour.

Decorate your dining space

Beautify your home indoors with orange and earthy tones. Add a table runner, some coloured napkins on the table, and coordinating candles in the scents of the season. You can elevate your seasonal look with small squashes and gourds as centerpieces. And, don’t be afraid to bring the outside in… Design your own table arrangement with twigs, leaves and pine cones you collect.

Add a cookie and coffee station

Nothing says fall like warm beverages and treats while enjoying the crisp air! Impress your guests with a coffee and tea station. Set up cups, specialty teas displayed in a glass bottle, hot coffee and flavoured syrups in a section of your dining room or kitchen. Use risers or wooden trays to give the display some complexity. Add a cookie jar or cake stand with some fall goodies such as butter tarts, chocolate chip cookies, or brownies. You can also have a seasonal fruit basket with apples and pears.

Make it cozy

Celebrate fall with comfort by adding aromatic autumn candles… Think cinnamon, vanilla, pumpkin spice scents. Light them in the evenings for ambiance. Add fall-themed throw cushions, and add an earthy-toned warm blanket on your couch (check out Pinterest for inspiration on how to arrange pillows and blankets).

These simple tricks can elevate your home decor and make it feel as warm as your pumpkin or apple pie this season!

Canadian home sales tick higher in August: CREA

Sat, 04 Oct 2025 19:08:31 GMT

Fifth straight monthly sales gain results in strongest August since 2021

August brought another small but steady increase in national home sales, extending a rebound that’s been building momentum since the spring, according to the latest report from the Canadian Real Estate Association (CREA). With five straight months of price gains, housing activity is showing signs of sustained stability, even as regional trends shift and supply levels begin to balance out.

Monthly sales see a modest climb

Home sales across Canadian MLS® Systems edged up by 1.1% in August 2025, marking the fifth month in a row of rising activity. Since bottoming out in March, national sales have climbed by a cumulative 12.5%. It was the most active August in four years, signaling a market that continues to build momentum.

The Greater Toronto Area, the typical driver of national gains, saw a slight dip in sales in August. But that small decline was more than offset by stronger activity in other major markets, particularly Montreal, Greater Vancouver, and Ottawa.

“Activity has continued to gradually pick up steam over the last five months, but the experience from a year ago suggests that trend could accelerate this fall,” said Shaun Cathcart, CREA’s Senior Economist. “Part of what drives sales at different points in the year is the availability of a lot of fresh property listings for buyers to buy. For the fall market, that always happens right at the beginning of September, and this year was no exception. If last year is any kind of guide, then there is the potential that sales could really pick up in the next month or so depending on how many buyers are drawn off the sidelines, particularly if we see a September rate cut by the Bank of Canada.”

Inventory reaches a seasonal norm

There were 195,453 homes listed for sale across all Canadian MLS® Systems at the end of August, up 8.8% compared to the same time last year. This level of inventory is in line with what’s typical for late summer.

In August, the national months of inventory stood at 4.4, the lowest reading since January and just below the long-term average of five months. Markets with under 3.6 months of inventory are considered seller-friendly, while those above 6.4 months tend to favour buyers.

“August continued the trend of rising sales in many markets across the country, and while momentum slowed compared to July, much of that is simply a reflection of the time of year,” said Valérie Paquin, CREA Chair. “Now that we are on the other side of Labour Day, new listings are flooding onto the market.”

Sellers continued to return to the market in August, with new listings increasing by 2.6% month over month. Because listings outpaced the growth in sales, the national sales-to-new listings ratio eased for the first time since March, dipping to 51.2%, down slightly from 52% in July.

The long-term average for this ratio is 54.9%. A range between 45% and 65% is generally considered to reflect a balanced market, and August’s numbers fall comfortably within that zone.

Average price edges higher

The national average home price, not seasonally adjusted, came in at $664,078 in August 2025, up 1.8% from August 2024. This reflects modest annual growth as markets across the country continue to regain their footing.

The National Composite MLS® Home Price Index was nearly unchanged in August, edging down just 0.1% from July. After experiencing declines earlier in the year, national benchmark prices have been relatively flat since April, pointing to a period of price stability. Compared to a year earlier, the benchmark price was down 3.4%.

How to pick the perfect rug for every room in your home

Sat, 04 Oct 2025 19:06:49 GMT

Choosing a rug is one of the most foundational design decisions you’ll make when decorating your home. A rug does much more than create softness underfoot – it defines the space, anchors your furniture, and brings your entire aesthetic together.

With so many sizes, patterns, and materials available, the options can feel overwhelming. This room-by-room guide to help you choose a rug that works for both your layout and lifestyle.

Rug selection tips

When bigger is better
How to map it out
Choosing the right rug material

Best rugs by room

Living room
Dining room
Bedroom
Entryways, hallways, and kitchens

Final thoughts

Rug selection tips

When it comes to rugs, bigger is usually better

One of the most common rug-buying mistakes is choosing a rug that’s too small for the space. A rug that doesn’t reach under furniture or bring the room together visually can make everything feel disconnected and unfinished. Instead, aim for a size that ties your furniture together and provides a sense of balance. A larger rug creates a grounded look and ensures the placement feels intentional.

Stuck between sizes? When in doubt, mark it out

If you’re stuck between rug sizes, try mapping it out first. Try using painter’s tape to outline the dimensions of the rug directly on your floor. It’s a simple way to visualize how the rug will fit within the room and alongside your furniture. Experiment with different sizes and layouts!

Material Matters: Choose based on use

Rugs may look similar at first glance, but the material you choose has a big impact on how it performs over time. Here’s a quick guide to material options:

Wool rugs are soft, naturally stain-resistant, and incredibly durable, ideal for high-traffic areas. They tend to be more expensive, but are a worthwhile investment.
Cotton rugs are lightweight and easy to clean, though they may not hold up as long in busy rooms.
Synthetic rugs like polypropylene are affordable, resilient, and a great choice for homes with pets or young children.
Natural fibre rugs such as jute or sisal add beautiful texture and an organic feel, but are best suited for lower-traffic spaces or when layered under a softer rug.

Rugs by the room

Grounding your gathering space with the right rug

In large or open-concept living rooms, choose a rug big enough to fit all of the main pieces of furniture entirely on the rug, like the sofa, chairs, and coffee table. This will create a cozy, unified seating area.

In smaller living rooms, it’s okay if not every piece fits entirely on the rug. Instead, make sure the sofa’s back legs are against a wall and the front legs of all seating rest on the rug to keep the space visually balanced.

A good rule of thumb? When you sit down, your feet should land on the rug. It’s a small detail, but it makes the room feel much more pulled together.

Rug too small? Your dining room chairs will tell you

When selecting a rug for the dining room, consider the size of your table PLUS the space around your chairs when they are pulled out. Aim for at least 30 inches of clearance around the table on all sides so chairs remain on the rug, even when in use. For most dining spaces, rugs in the 8′ x 10′ or 9′ x 12′ range work well.

Since this area of the home is prone to spills, materials matter. Opt for low-pile, easy-to-clean rugs made from durable fibres. If you have kids, pets, or love to host, washable dining rugs might also be an option to consider.

In the bedroom, comfort starts underfoot

Bedrooms offer a bit more flexibility when it comes to rug layout. The size of the rug you choose depends greatly on what you’d like to be resting on top of the rug – is it just the bedframe, or accompanying furniture like nightstands and dressers? To keep things visually balanced, avoid leaving furniture half on, half off the rug. Refrain from placing a small rug at the foot or side of the bed on its own, as it can feel disconnected and out of scale.

Here are three common ways to position a rug in the bedroom:

Just the lower third of the bed on the rug – a great option for smaller spaces or when you want to keep the look light and airy.
A rug that extends slightly beyond the bed frame – enough to give your feet a soft landing on both sides.
A rug large enough to fit the entire bed, nightstands, and even a dresser – perfect for a cohesive, fully grounded look in larger rooms.

Style meets function in entryways, hallways, and kitchens

In high-traffic areas like entryways and hallways, function and durability are key. A runner or a 2′ x 3′ rug can provide comfort while still protecting your floors, especially during wet or snowy months. Look for natural fibres or low-pile synthetics that are easy to clean and durable.

In the kitchen, a cushioned mat in front of the sink can make a big difference in comfort and support for homeowners who love to cook! Since this is a high-use space prone to spills, wipeable, washable and stain-resistant materials work best.

Final thoughts

Whether it’s a soft place for your feet to land when you get out of bed in the morning or creating a welcoming first impression at the door, a thoughtfully chosen rug can bring beauty, comfort, and personality to your home.

Get organized and improve the flow of your space with these tips

Sat, 04 Oct 2025 19:03:16 GMT

Your home is more than a place to sleep and eat – it’s your sanctuary. A calming environment can do wonders for your mood, productivity, and overall well-being. But, even small visual distractions, like cluttered countertops or a pile of shoes at the front door, can subtly disrupt your sense of peace.

To create a home that promotes clarity, calm, and ease, it helps to start with your physical surroundings. Below are nine practical ways to improve the flow and organization of your space, removing both visual and mental barriers along the way.

1. Declutter surfaces

Clear your kitchen and bathroom countertops of unnecessary items. Everyday essentials should be stored in drawers, cabinets, or organizing containers – out of sight but easy to access. Avoid overcrowding surfaces with decorative items, and keep high-traffic areas like hallways and entryways free of obstruction.

2. Prioritize clear pathways

Walk through each room and consider how easily you can move from one area to the next. Furniture should support natural movement, not block it. When possible, place larger pieces like couches or dressers against the wall to free up space in the center of the room and improve overall flow.

3. Choose furniture that fits the room

Select furniture that’s appropriate in both size and purpose for the space it’s in. For example, dining tables should allow enough space for chairs to move freely, even when people are seated. Oversized furniture in small rooms can feel overwhelming, while undersized pieces in large rooms may appear disconnected.

4. Soften sharp corners

In smaller areas, opt for round or oval-shaped tables rather than square or rectangular ones. Soft, curved edges promote smoother movement and a more relaxed energy throughout your space.

5. Let air and energy circulate

Avoid storing items under beds, couches, or dressers, as these areas collect dust and interrupt airflow. Instead, use closets with doors to tuck away seasonal items, storage bins, or extra supplies. Open space beneath furniture helps maintain a cleaner, lighter aesthetic.

6. Create visual harmony

Use a consistent colour palette throughout your home to create visual flow between rooms. A cohesive scheme doesn’t have to be uniform, just complementary. Add personality through removable accents like pillows, artwork, or throws that can easily be updated or replaced.

7. Maximize natural light and openness

Natural light boosts moods and creates a sense of openness. Avoid placing furniture in front of windows, and keep doorways free from obstructions so they can open fully. These small adjustments make a big impact on how open and welcoming a space feels.

8. Add calming scents

Scent can powerfully influence your mood. Use an air purifier in the kitchen to remove lingering food odours. In your bedroom or living room, a diffuser with light, natural essential oils (like eucalyptus, citrus, or lavender) can create a calming atmosphere without overwhelming the space.

9. Reduce noise pollution

A calm home isn’t just about what you see, it’s also about what you hear. Minimize disruptive noise by adding soft furnishings that absorb sound, like rugs, curtains, and upholstered furniture. Use a white noise machine or soft background music in bedrooms or workspaces to create a more soothing atmosphere.

When your physical space feels clear, your mind often follows. By making a few intentional changes, you can create a home that supports your well-being, reduces stress, and welcomes you with calm and clarity at the end of every day.

Do I need a REALTOR® to purchase a home?

Sat, 04 Oct 2025 19:01:12 GMT

Finding the right home is one of the most exciting and significant decisions you’ll ever make. While there are countless online resources and tools available to help you research neighbourhoods, compare listings, and set your budget, there’s no substitute for the expertise of a licensed real estate professional.

A REALTOR®1 does more than show you homes. They act as your trusted advisor throughout the entire buying journey, from the first conversation about your goals to the moment you pick up the keys. By getting to know your needs, lifestyle, and budget, they can help you uncover opportunities you might otherwise miss, and guide you through every stage of the transaction with confidence.

Here are some of the top benefits of working with a real estate professional when buying your next home.

Access to more properties

While online listing platforms are a great place to start, they don’t show you everything. Licensed real estate agents have access to professional databases, industry networks, and insider knowledge about homes coming onto the market before they’re widely advertised. Some properties sell before ever being posted online, while others may only appear publicly for a short period of time. By working with a REALTOR®, you gain access to this wider pool of options, giving you a better chance of finding the perfect property that checks all your boxes.

Skilled negotiation

Buying a home is about more than finding the right property – it’s also about securing the right price and terms. Agents are trained negotiators who understand local market dynamics, recent sales, and fair value. With access to reliable data, they can assess whether a listing is competitively priced and help you craft a strong offer. Their experience can make a real difference in ensuring you don’t overpay, while also helping you stand out in competitive situations.

Guidance through a complex process

Purchasing a home involves far more than signing on the dotted line. From drafting and reviewing contracts, understanding conditions and deadlines, to ensuring compliance with legal requirements, the process can feel overwhelming without expert support. A REALTOR® brings clarity to each step, walking you through the paperwork and procedures, and making sure nothing falls through the cracks. Their expertise reduces stress and protects you during what is likely one of the most significant financial transactions of your life.

A trusted network of professionals

Your real estate agent isn’t just a guide for the home search – they’re also a connector to other trusted professionals who play a role in your move. From mortgage brokers and home inspectors to appraisers, lawyers, contractors, and movers, your agent can recommend reputable experts who can help you complete your purchase smoothly and with confidence. Instead of searching blindly for reliable help, you benefit from your REALTOR®’s experience and established relationships.

Local knowledge you can rely on

Every neighbourhood has its own character, and agents know their communities inside and out. Whether you’re curious about local schools, transit options, recreation facilities, or future development plans, your agent can provide valuable insights. This local expertise helps you make an informed choice about not just the home itself, but the lifestyle and long-term value that come with it.

Ready to start your home search?

When you’re making such an important decision, having the guidance of a professional can help you feel confident every step of the way. A Royal LePage REALTOR® will be there to help you navigate the process, advocate for your best interests, and connect you with the resources you need to succeed

How to make minimalist design feel like home

Sat, 04 Oct 2025 18:59:38 GMT

Minimalism has long been a staple in interior design, but today’s take is warmer, softer, and more personal. While “minimalist” once conjured images of cold, clinical spaces and stark modern lines, the style has evolved – now embracing comfort, texture, and lived-in character.

Ready to simplify your space without sacrificing comfort or personality? Here’s how you can achieve a minimalist look that feels intentional, inviting, and uniquely yours.

What is minimalist interior design?

Minimalist design focuses on functionality, clarity, and visual calm. It emphasizes clean lines, neutral colours, and a clutter-free environment. But the modern take on minimalism – often called warm minimalism – brings softness and personality into the mix, making it more inviting and livable.

The rise of warm minimalism in 2025

In 2025, minimalist homes are shifting away from stark and sterile toward cozy, organic spaces. Warm minimalism embraces neutral colour palettes, natural materials like wood and linen, and sculptural design elements. The goal is to create tranquil, spacious interiors that still feel personal.

Key warm minimalist design elements:

Earthy tones: ivory, taupe, clay
Natural textures: stone, wood, linen
Subtle decor: sculptural vases, warm lighting, greenery
Space to breathe: open layouts, intentional negative space

Declutter with purpose

Decluttering is the first and most essential step in creating a minimalist home. But it’s not just about getting rid of things—it’s about refining your space to reflect what matters to you.

Ask yourself:

What do I use and love?
What supports how I want to live?
What adds value or meaning?

For the pieces you intend to keep, especially clothing and kitchen appliances, proper storage is an important consideration. Keeping these items in their proper place and out of view is ideal.

Utilize a neutral colour palette

Neutral colours provide a clean, soothing canvas. If you’re not a fan of true whites, opt for creamy tones like ivory, taupe and clay – they can be softer on the eyes and more inviting. A neutral colour palette allows you to bring colour in through accent pieces.

Lighting for your minimalist home

Lighting plays a huge role in warming up minimalist interiors. Choose light fixtures with natural materials, like linen, wood, or frosted glass, and opt for warm LED bulbs instead of cool-toned lighting.

Tips for minimalist lighting:

Use soft-glow lamps and wall sconces
Maximize natural light with sheer curtains
Add mirrors to reflect sunlight and open up small rooms
Look for organic shapes that complement your furniture

Movement in functional furnishings

Traditional minimalist design references sleek, clean lines. However, adding curvy organic forms with furniture and fixtures where possible is embraced and encouraged. Taking the rigidity out of minimalism by balancing clean lines with curves creates a polished and purposeful aesthetic. Think curved dining chairs, rounded faucets and softer light fittings.

Opt for natural décor elements

A key element of minimalism is bringing the outdoors in with a thoughtful and intentional placement of indoor plants, herbs and décor inspired by nature. During the winter seasons, decorate with pinecones and evergreens, and in the summer, fresh flowers from the garden. These items are simple in design, yet impactful in their ability to capture warmth.

Layer texture thoughtfully

Texture is your friend in minimalist design. A wool rug, soft linen drapes, or a stone countertop introduce subtle variation without chaos. These tactile layers create depth and comfort, essential in making a space truly livable.

Embrace negative space

Spaces are calmer when they’re not overcrowded. Limit decor items to a few favourites, such as a framed photo, a simple candle and a sculptural vase. This allows your key pieces to shine and your rooms to feel intentionally curated, not bare and boring.

Weave in personal touches

Modern minimalism makes room for art, heirlooms, and any other décor that speaks to your unique style. Instead of an assortment of items adorning all surfaces of your space, the key is to keep clutter at bay by selecting one or two meaningful pieces that tell your story.

If you don’t want to part with your treasures and trinkets, store them! Have specific areas of your home that you use to showcase a curated and controlled selection of your most prized possessions. Treat these areas like an art gallery, seasonally switching out pieces so all items have time to shine.

Final Thoughts

Minimalist interiors have come a long way from cold, sparse spaces. Today, it’s about building tranquil spaces, abundant in warmth and personality. By being intentional with materials, décor, function, and breathing room, you’ll create a home that’s not only calming but full of charm and character. Most importantly, your home becomes a reflection of your life, a space you truly want to live in.

Bank of Canada drops overnight lending rate to 2.5% as economy shows signs of slowing

Sat, 04 Oct 2025 18:57:48 GMT

Trade tensions with the United States weigh on economic growth, prompting rate cut

Today, the Bank of Canada announced that it has cut the overnight lending rate by 25 basis points to 2.5%. This marks the first rate cut since March.

With softness taking hold in the labour market and trade tensions with the US choking economic growth, the Governing Council opted to lower the cost of borrowing.

“At this rate decision, there was clear consensus to lower our policy rate for the first time since March. We will continue to assess the impacts of tariffs and uncertainty on economic activity and inflation. We are paying close attention to how exports evolve given the impact of US tariffs and changing trade relationships; how much this spills over into business investment, employment and household spending; how the cost effects of trade disruptions and reconfigured supply chains are passed on to consumer prices; and how inflation expectations evolve,” said Tiff Macklem, Governor of the Bank of Canada, in a press conference with reporters following the announcement.

Canada’s Consumer Price Index (CPI) rose 1.9% year over year in August, up from 1.7% in July. The uptick was mostly due to gasoline prices.

“We are focused on ensuring that Canadians continue to have confidence in price stability through this period of global upheaval. We will support economic growth while ensuring inflation remains well controlled,” said Macklem.

Rate cut could support burst of fall market activity

After a subdued spring, Canada’s major housing markets saw modest gains in activity over the summer. With borrowing costs now lower, the fall season – traditionally one of the busiest times of the year for real estate – could see a stronger pickup in buyer activity.

According to the latest Royal LePage® Home Price Update and Market Forecast, the aggregate price of a home in Canada eased upwards modestly in the second quarter of 2025, increasing 0.3% year over year to $826,400. On a quarter-over-quarter basis, the national aggregate home price decreased by 0.4%.

“In a departure from its recent holding pattern, the Bank of Canada has resumed cutting its overnight lending rate. While inflation is holding at the Bank’s target, a softening Canadian labour market tipped the balance toward further rate relief this time around,” said Phil Soper, president and CEO of Royal LePage.

“The effects of Canada’s tariff dispute with the United States became evident over the summer, with layoffs rising in August and job losses concentrated in trade-dependent industries, such as warehousing and manufacturing. Though inflation remains under control, this latest cut underscores the Bank’s efforts to support broader economic stability,” noted Soper. “For the housing market, lower borrowing costs should stimulate some fresh momentum heading into the fall, traditionally the second-busiest season for home sales. In higher-priced regions like Ontario and British Columbia, this may be the catalyst that encourages more buyers to re-enter the market in the months ahead.”

The Bank of Canada will make its next interest rate announcement on Wednesday, October 29th.

Read the full September 17th report here. Want to know more about how the overnight lending rate works? Read our explainer on how the Bank of Canada uses this financial tool.

Canada’s housing market is ripe with possibility, but new buyer hopefuls are taking their time

Sat, 04 Oct 2025 18:56:12 GMT

Despite improving affordability, majority of first-time homebuyers say they plan to buy in 12-24 months

Canada’s housing market may be opening new doors for first-time buyers, thanks to lower borrowing rates, softer prices and more listings to choose from. But, uncertainty in the economy and an abundance of choice have led to a lack of urgency to buy, prompting many young Canadians to take their time before entering the market.

According to a recent Royal LePage survey, conducted by Burson,1 13% of Canadian adults say they are actively working towards the purchase of their first residential property within the next two years. Of this group, a small proportion say they are working towards their first purchase within the next 12 months, while the majority (82%) say they are planning to make a purchase in 12 to 24 months.

When asked what stage of the purchasing process they are in, more than half (51%) of first-time buyers said they are currently researching neighbourhoods where they can afford to live, 49% are actively browsing online listings, 19% are actively viewing homes listed for sale in person, and 19% have engaged with a real estate agent. Respondents were able to select more than one answer.

“Interest rates are trending lower and prices have stabilized or even softened in some markets, creating favourable conditions for long-awaited entry into home ownership, especially in costly cities like Toronto and Vancouver. Yet, hesitation remains,” said Phil Soper, president and CEO, Royal LePage. “For some, ongoing economic uncertainty, particularly surrounding trade relations with the United States, is prompting them to hold off until there are signs of stability. Buying a home is the biggest financial decision most people will ever make, and first-time buyers naturally want to do so with as much certainty as possible.

“Others are choosing to wait in hopes of securing a better deal. With the potential for further rate cuts from the Bank of Canada this year, those in no rush to purchase now are taking a methodical approach – building up their savings and deliberately planning their entry into the market when they feel the timing is best for them.”

Financial support continues to flow from family to first-time buyers

While many buyers continue to rely on help from family to make their first home purchase, most do not. When asked if they would receive any financial assistance towards the purchase of their first residential property, more than half (51%) said they would not receive any help. Meanwhile, 41% of first-time buyers said they would. Even as affordability has improved in several markets over the past year, many first-time purchasers continue to rely on financial support to take their first step onto the property ladder.

Among first-time homebuyers who will receive financial support, 29% say it will be in a lump sum with no repayment expected, 27% will receive a loan from family or friends that they will pay back, 28% will have a family member or friend co-sign their mortgage loan, and 26% will receive financial assistance towards their monthly mortgage payments. Respondents were able to select more than one answer.

“Despite improving affordability, many first-time buyers continue to rely on family financial support. This transfer of wealth has become increasingly common, as parents look to give their children the same opportunity for stability and long-term financial growth that they themselves experienced through home ownership. For some buyers, financial contributions from family can make the decisive difference between becoming a homeowner and remaining a tenant,” said Soper.

“However, many lack access to this kind of support, forcing them to adopt more creative and often difficult approaches to saving. Some delay major life milestones, such as marriage or starting a family, in order to prioritize home ownership. Others cut back significantly on discretionary spending, or continue living at home with parents well into adulthood to build up their savings. While determination and careful planning help these buyers reach their goals, the gap between those who receive financial assistance and those who do not highlights the deep affordability challenges in today’s market.”

Detached homes remain the top choice

Despite the hefty price tag, many first-time buyers continue to aspire to own a detached property as their entry into the market. Nearly half (49%) of respondents plan to purchase a single-family detached property as their first home, followed by 26% who intend to buy a condominium or apartment, according to the survey.

“The dream of a first home often collides with budget reality. While most aspire to own a detached house, affordability often dictates a more modest starting point,” said Soper. “With many employers requiring staff to return to the office, proximity to transit and other amenities has become an increasingly important factor in the search. New buyers also show a clear preference for properties in move-in ready condition, as few have the time or financial flexibility for major renovations.”

Other interesting highlights from the survey:

More than half (53%) of first-time buyers plan to put at least 20% down on their purchase; while 39% will not and will therefore need to buy mortgage insurance.
42% of first-time buyers say they will prioritize the neighbourhood where they want to live, regardless of the distance to their job, while 31% say they will purchase a home based on proximity to their work.
Finding a home that is move-in ready is the most important non-price related factor for first-time buyers, according to Royal LePage professionals across the country.

Read the full press release and review the data chart for more details:

PRESS RELEASE

DATA CHART