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Cambodia Challenge for Shelter: Trekkers complete an unforgettable journey

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.”

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.

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. Raising over $56,000 and earning the title of this year’s Top Fundraiser was David Coccia with the Capstone Real Estate Professionals at Royal LePage® Royal City Realty in Guelph, ON.

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.”

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. Those interested in participating in a future trek should stay tuned next year for the announcement of the top-secret destination for 2027.


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

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.

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208 2110 ROWLAND STREET PORT COQUITLAM

$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.

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Fabulous Townhome in the heart of Maple Ridge

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...

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

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!

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How to maximize your bathroom storage

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.


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Just Listed  208 - 2110 Rowland Street Port Coquitlam

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 

 

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

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.

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

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.

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Top paint colours of 2026

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.

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New year, same housing market in Metro Vancouver

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.

 

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.

 

“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

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Small space? You can still have a home gym

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.

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Canadian housing market ends 2025 on a subdued note: CREA

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.

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How to find the right tenants for your investment property

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. 

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

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.

“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.”

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. 

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

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


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10 questions to ask when purchasing a century home

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:

  1. What is the home’s maintenance and renovation history?

  2. Are there any heritage restrictions on the property?

  3. What do the inspection reports reveal?

  4. What’s the condition of the foundation and basement?

  5. What heating system is being used?

  6. Have the windows or doors been replaced? If so, when?

  7. If there’s a chimney, does it require repair/replacement?

  8. Are there receipts/warranties for any past work?

  9. Are there programs or grants available in the area to help offset any replacement or renovation costs?

  10. 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.


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

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.

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NEW LISTING 1250 DELTA AVE BURNABY BC

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

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Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.