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How to make minimalist design feel like home

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.

Table of contents

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.

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

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.

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

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

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Fall market favours buyers

Another Bank of Canada rate cut and easing prices helped home sales registered on the MLS® in Metro Vancouver* edge higher relative to September last year. 

Sales

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 1,875 in September 2025, a 1.2 per cent increase from the 1,852 sales recorded in September 2024. This was 20.1 per cent below the 10-year seasonal average (2,348). 

"With another cut to Bank of Canada’s policy rate behind us, and markets pricing in at least one more cut by the end of the year, Metro Vancouver homebuyers have reason to be optimistic about the fall market. Easing prices, near-record high inventory levels, and increasingly favourable borrowing costs are offering those looking to purchase a home this fall with plenty of opportunity."Andrew Lis, GVR director of economics and data analytics

Listings

There were 6,527 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in September 2025. This represents a 6.2 per cent increase compared to the 6,144 properties listed in September 2024. This was 20.1 per cent above the 10-year seasonal average (5,434). 

The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 17,079, a 14.4 per cent increase compared to September 2024 (14,932). This is 36.1 per cent above the 10-year seasonal average (12,553). 

Sales-to-active listings ratio

Across all detached, attached and apartment property types, the sales-to-active listings ratio for September 2025 is 11.3 per cent. By property type, the ratio is 8.5 per cent for detached homes, 12.7 per cent for attached, and 13.3 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. 

MLS® HPI

“The past few years have been quite challenging for the market, beginning with 2022’s rapid increase in interest rates, major political and policy shifts in subsequent years, and recent trade tensions with the USA weighing on the market,” Lis said.

“With the acute impacts of these events now fading, we expect market activity to continue stabilizing to end the year, barring any unforeseeable major disruptions.” 

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,142,100. This represents a 3.2 per cent decrease over September 2024 and a 0.7 per cent decrease compared to August 2025. 

Sales of detached homes in September 2025 reached 552, a 7 per cent increase from the 516 detached sales recorded in September 2024. The benchmark price for a detached home is $1,933,100. This represents a 4.4 per cent decrease from September 2024 and a 0.9 per cent decrease compared to August 2025. 

Sales of apartment homes reached 954 in September 2025, a 1.5 per cent increase compared to the 940 sales in September 2024. The benchmark price of an apartment home is $728,800. This represents a 4.4 per cent decrease from September 2024 and a 0.8 per cent decrease compared to August 2025.

Attached home sales in September 2025 totalled 356, a 5.8 per cent decrease compared to the 378 sales in September 2024. The benchmark price of a townhouse is $1,069,800. This represents a 2.7 per cent decrease from September 2024 and a 0.9 per cent decrease compared to August 2025. 

*Areas covered by Greater Vancouver REALTORS® include: Bowen Island, Burnaby, Coquitlam, Maple Ridge, New Westminster, North Vancouver, Pitt Meadows, Port Coquitlam, Port Moody, Richmond, South Delta, Squamish, Sunshine Coast, Vancouver, West Vancouver, and Whistler.


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As tariff tensions persist, Canadians are selling their homes south of the border

More than a half of Canadians who own a residential property in the United States say they are planning to sell within the next year

With political turmoil heating up in the United States and ongoing tensions between our two nations, a growing number of Canadians are ‘buying local’ and curbing travel to the south. What’s more, those who own residential real estate in the U.S. are rethinking their long-term plans – some already have. 

According to a recent Royal LePage survey, conducted by Burson,1 more than half (54%) of Canadians who currently own residential property in the U.S. say they are planning to sell within the next year, among whom a majority (62%) credit the current political administration as the main reason. Meanwhile, 33% of them say they are motivated by other factors, such as personal and financial reasons, and another five per cent say it is due to increasingly extreme weather conditions, like hurricanes, flooding and forest fires. 

“The polarizing political climate in the United States is prompting many Canadians to reconsider how and where they spend their time and money,” said Phil Soper, president and CEO, Royal LePage. “Canadians have been the most important foreign investors in America’s residential real estate market for years, and a significant wave of property sales would leave a noticeable mark on the regional economies that snowbirds support. 

“While wealthy buyers from China and other nations also spend a great deal on American residential real estate, purchasing expensive properties in major cities as investments, Canadians actually live in the neighbourhoods where they buy. They shop locally, dine out, volunteer and join pickleball leagues. Places like Florida, Arizona and California stand to lose millions in economic activity each year – and thousands of neighbours – if Canadian owners pull their capital from U.S. housing markets.”

Of those who sold their property south of the border within the last year, forty-four per cent say it was due to the current political administration, while 27% say it was for personal reasons, and 22% because of increasingly extreme weather conditions. 

“Not every decision to sell is politically driven. For many, the decision to divest will be due to changing personal circumstances, from reprioritizing financial goals to the simple decision to invest closer to home,” continued Soper. “For some, the upkeep and distance of a U.S. property has become more burden than benefit, and uncertainty around shifting, murky border rules is yet another layer of stress. For years, Canadians rarely gave the American border a second thought on their way to a winter break in the south. Now, many fear that easy neighbourly travel can no longer be taken for granted.”

Investment in U.S. real estate by Canadians on the decline

According to the National Association of REALTORS® (NAR), Canadians have been among the top two largest contributors of foreign investment in U.S. real estate for the last two decades, although transactions have been significantly lower the last five years compared to the majority of the 2010s. Overall, real estate professionals in the U.S. have reported more than twice as many residential property sales by international clients over the last year, the largest group of whom are Canadians. 

“With so many Canadians citing concerns about the U.S. administration as a key reason for divesting, it’s evident that political instability is no longer just a talking point – it’s a catalyst for change,” said Soper. “This shift in sentiment is reshaping how Canadians think about cross-border investment. As uncertainty continues to cloud the U.S. political landscape, we anticipate more Canadians will redirect their capital into domestic real estate, reinforcing long-term confidence in Canada’s housing market and creating new opportunities for growth closer to home.”

When asked if they plan to reinvest the proceeds of the sale of their U.S. home into the Canadian real estate market, almost one third (32%) of respondents who have recently sold or are planning to sell within the next year answered ‘yes’. 

U.S. web traffic to royallepage.ca surges during key political moments 

It’s not just Canadians reconsidering their ties to the U.S. – many Americans are looking north as political tensions escalate at home.

Sessions originating from the U.S. to royallepage.ca – Canada’s most-visited real estate company website – have spiked significantly during key political events over the past year. In Week 24 of 2025 (week of June 8th), U.S.-based web traffic jumped 116% year over year and 84% week over week, coinciding with widespread protests in Los Angeles, following U.S. Immigration and Customs Enforcement (ICE) raids. 

This is not the first time this behaviour has emerged. Following the 2024 U.S. presidential election, web traffic from American users increased significantly. On November 6th, the day after Trump was elected president for a second term, sessions originating from the U.S. jumped by 52%. Overall, traffic during election week (Week 45, week of November 3rd) rose 70% year over year, highlighting increased cross-border interest in Canadian real estate.

Another prominent surge occurred in Week 26 of 2024 (week of June 23rd), immediately following the first presidential debate between former president Joe Biden and now-president Donald Trump. During that week, U.S. traffic to the site rose 112% over Week 24 and 94% year over year.

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

press release

data chart


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Emily Taverna - Cambodia Challenge for Shelter

In October 2025, I’ll be heading to the other side of the globe to participate in the 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 no where 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 making a donation towards my fundraising goal?

Please click 'Donate Now' on the right hand side of this page to help me reach my fundraising goal!

Thank you for your support! Please note: The Royal LePage Shelter Foundation issues tax receipts in February for all donations of $20 or more made in the previous calendar year.

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Announcing our first-ever Impact Report!

In this important publication, we take a broad look at the state of Intimate Partner Violence in Canada, while highlighting the meaningful ways the Royal LePage® Shelter Foundation™ is creating safer futures—ensuring everyone has a place to call home, free from fear and harm.

  •  Why is our mission more critical than ever?

  •  Who are we as an organization?

  •  What values guide our vision and decisions?

  •  Who makes our work possible, and where are we headed in the years to come?

These are just some of the questions explored in this year’s Impact Report—a reflection on how far we’ve come and a roadmap for the journey ahead.

Read the report here: https://rlp.ca/rlpsf-impact-report

Thanks to supporters like you, we’re making sure that everyone in our country has a safe place to call home – free from violence. 

Since its founding in 1998, the Royal LePage Shelter Foundation has proudly grown to become the largest public foundation in Canada dedicated exclusively to funding women’s shelters and Intimate Partner Violence prevention. Royal LePage® is the only Canadian real estate company with its own charitable foundation.

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Emergency Essentials: The Often Overlooked Items Every Home Should Have

Smart, simple additions to your home that help you stay safe and comfortable during any emergency.

We’ve all had one of those moments, caught in a storm, power out, phone dying, and wished we’d stocked up just a little more.

Whether it’s a sudden rainstorm that knocks out power or a cold snap that hits before you’ve winterized the house, weather events seem to be getting more intense, and less predictable. Having a few practical items ready to go can make a frustrating situation feel a lot more manageable.

Most homeowners know to keep the basics stocked: flashlights, bottled water, and a few extra snacks. But it’s the often-overlooked items that can make all the difference. A portable phone charger or power bank helps you stay connected. Backup batteries for essentials like flashlights, smoke detectors, or carbon monoxide alarms are easy to forget, until you need them.

And don’t underestimate the importance of a manual can opener. If the power’s out and your emergency food is canned, you’ll be glad you’ve got one. Stock a few ready-to-eat, non-perishable meals, and don’t forget pet food if you’ve got furry family members.

For warmth and comfort, keep extra blankets, candles, matches or a lighter, and a battery-powered radio on hand. A well-stocked first aid kit and a few days’ worth of any essential medications are also smart to include.

And don’t forget your vehicle. A basic roadside kit can be a lifesaver if you get stuck or stranded during a storm. Keep a small shovel, blanket, flashlight, phone charger, water bottle, and non-perishable snacks in your trunk, just in case. It’s also a good habit to keep your gas tank at least half full, especially as the temperature drops and unexpected delays become more likely.

You don’t need a complicated setup, just a few key items stored where you can access them quickly. A little planning now can save you a lot of stress later.

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Fall Budgeting: How to Plan Ahead Before Holiday Spending Takes Over

Make space in your budget now, so you can enjoy the season without the stress.

September always feels like a fresh start, but it can also bring a full calendar. Between back-to-school routines, cooler mornings, and early holiday planning, fall tends to pick up speed fast. It’s also the season where small expenses can quickly snowball, making it the perfect time to get ahead of your household budget.

Start with the essentials: seasonal maintenance. Booking a furnace inspection, cleaning gutters, checking your roof, and sealing windows and doors can prevent major (and expensive) issues in the months ahead.

With cooler weather on the way, it’s worth getting ahead of rising energy costs. Now’s a great time to review your utility usage and make small upgrades like a smart thermostat or energy-efficient light bulbs.

It’s also a good time to adjust your monthly budget to include seasonal expenses, and to review your spending and savings goals for the year, are you on track? If not, there’s still time to make meaningful progress. Max out tax-deductible contributions like RRSPs or charitable donations if you’re in a position to do so. And don’t forget to book final health or dental appointments to use up any remaining benefits before year-end.

And while we’re talking money, now’s the time to start getting ahead of the holidays. Simple steps include making a gift list early, tracking seasonal sales, or setting weekly savings goals. Consider setting a spending limit per person, or using a budgeting app to keep everything organized. Don’t forget to factor in extras like wrapping supplies, host gifts, and holiday travel.

Lastly, if you’ve been considering any home upgrades, focus on the ones that add comfort and value.

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Renovation ROI: The Home Upgrades That Pay Off Now And Later

Practical, high-impact updates that improve livability and future marketability.

When it comes to renovating your home, there’s a sweet spot between what adds value and what adds joy. Some projects are exciting, like a home office upgrade, a creative space, or trendy finishes you spotted on Instagram, but they may not always boost resale value. That doesn’t mean they’re not worth doing, but if you’re looking to make smart investments, it helps to know which upgrades boost your home’s value and improve your everyday life.

Take the kitchen, for example. It’s consistently one of the top renovations for resale value in Canada, but it’s also where life unfolds every single day. A thoughtful kitchen upgrade like adding a large island or opening up a closed-off layout, can give you more space to cook, connect, and enjoy mealtimes together, turning a functional room into the heart of the home.

Bathroom upgrades are another high-ROI project that add immediate comfort. From spa-inspired finishes to improved storage, these updates can elevate your routine and make a big impression on potential buyers.

Don’t overlook the basement, either. Finishing a basement gives you additional living space, whether it becomes a cozy media room, home office, guest suite, workout space or playroom. It’s one of the few upgrades that adds usable square footage and versatility at the same time.

And let’s not forget curb appeal. Outdoor upgrades like decks, patios, or professional landscaping not only increase your home’s marketability, but they also encourage more time outside, hosting BBQs, sipping morning coffee, or just enjoying the fresh air.

The goal is to make upgrades that enhance your lifestyle now and pay off in the future. If a project makes your home feel more like you, and adds long-term value in the process, it’s a win-win. With the right upgrades, you really can have the best of both worlds.

Looking for tips and tricks to tackle your next renovation? Check out the Royal LePage blog for helpful resources and expert advice.

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Economic unease continued to drag on homebuying activity in Q2

According to the Royal LePage House Price Survey and Market Forecast, the aggregate1 price of a home in Canada eased upwards modestly in the second quarter of 2025, increasing 0.3 per cent year over year to $826,400. When broken out by housing type, the national median price of a single-family detached home increased 1.1 per cent year over year to $870,200, while the median price of a condominium decreased 0.8 per cent to $592,000.

The start of the spring market – typically one of the busiest times of year for home buying and selling – was noticeably subdued in several regions this year, namely in Toronto and Vancouver, two of the country’s largest and most expensive markets. Amid global political and economic uncertainty, many homebuyers continued to take a cautious, wait-and-see approach. 

“Homebuyers approached the start of the 2025 spring market with hesitation, dampening what is typically the busiest season on the real estate calendar,” said Phil Soper, president and CEO of Royal LePage. “With trade disputes, a federal election, and international conflicts dominating headlines through the first half of the year, many prospective buyers chose to wait. Yet, market fundamentals remain sound; interest is strong while activity is subdued, reflecting the uncertainty weighing on consumer sentiment. Encouragingly, June’s robust employment report may help rebuild confidence and bring more buyers off the sidelines in the months ahead.”

The slowdown in activity was most evident in markets across Ontario and British Columbia, where rising inventory and stagnant demand have persisted for several months. Notably, activity began to pick up in the final weeks of the quarter – a break from the usual seasonal slowdown and an early signal that market momentum may be shifting.

“With borrowing costs stable and inventory levels continuing to build, the foundation is in place for a stronger market this fall – and signs of renewed confidence are beginning to emerge,” noted Soper. “After a market slowdown, there’s always the risk that a sudden surge in demand could reignite uncomfortable levels of house price inflation. But, unlike previous cycles, inventory is higher than recent norms, which should help absorb returning demand and keep price appreciation in check. This makes for a healthier, more balanced recovery as buyers come back into the market.”

Royal LePage is forecasting that the aggregate price of a home in Canada will increase 3.5 per cent in the fourth quarter of 2025, compared to the same quarter last year.

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.

Learn more:

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Declining prices and high inventory strengthen buyer’s market heading into fall

SURREY, BC – Fraser Valley home sales fell more than 20 per cent in August, but buyers who did get into the market were able to take advantage of favourable conditions including abundant choice, softer prices and more time to make decisions.

The Fraser Valley Real Estate Board recorded 931 sales on its Multiple Listing Service® (MLS®) in August, down 22 per cent from July and down 13 per cent year-over-year. August sales were 36 per cent below the 10-year average.

The Fraser Valley buyer’s market remains strong with inventory levels holding relatively stable, down just two per cent to 10,445 active listings. Newly listed homes declined 19 per cent month-over-month to 2,793; up half a per cent year-over-year.  The overall sales-to-active listings ratio for August dropped to nine per cent, down two per cent from July. The market is considered balanced when the ratio is between 12 per cent and 20 per cent.

“Current market conditions are allowing buyers the opportunity to make bold offers, especially for properties that have been on the market for a while and where sellers may be more motivated,” said Tore Jacobsen, Chair of the Fraser Valley Real Estate Board. “As in all transactions, timing is everything and we expect to see more buyers come off the sidelines heading into fall to take advantage of the lower price floor.”

Across the Fraser Valley in August, the average number of days to sell a condo was 41 days; while for a single-family detached home it was 38 days. Townhomes took, on average, 32 days to sell.

“The economic uncertainty that has shaped the housing market for much of 2025 now seems to have been factored into market dynamics, as evidenced by a sustained softening of prices,” said Baldev Gill, CEO of the Fraser Valley Real Estate Board. “Some buyers who had been holding off are starting to recognize that waiting for greater certainty could mean missing opportunities, particularly in a market where conditions now clearly favour buyers.”

The composite Benchmark price in the Fraser Valley decreased 0.9 per cent in August, to $936,200.

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Easing home prices help lift sales in August

Easing prices brought more Metro Vancouver homebuyers off the sidelines in August, with home sales on the MLS® up nearly three per cent from August last year. 

 

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 1,959 in August 2025, a 2.9 per cent increase from the 1,904 sales recorded in August 2024. This was 19.2 per cent below the 10-year seasonal average (2,424). 

 

“The August sales figures add further confirmation that sales activity across Metro Vancouver appears to be recovering, albeit somewhat slowly, from the challenging first half of the year,” said Andrew Lis, GVR’s director of economics and data analytics. “Sales in the detached and attached segments are up over ten per cent from last August, which suggests buyers shopping in more expensive price points are re-entering the market in a meaningful way.”  

 

There were 4,225 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in August 2025. This represents a 2.8 per cent increase compared to the 4,109 properties listed in August 2024. This was 1.3 per cent above the 10-year seasonal average (4,172).   

 

The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 16,242, a 17.6 per cent increase compared to August 2024 (13,812). This is 36.9 per cent above the 10-year seasonal average (11,862).  

 

Across all detached, attached and apartment property types, the sales-to-active listings ratio for August 2025 is 12.4 per cent. By property type, the ratio is 9.3 per cent for detached homes, 15.8 per cent for attached, and 14 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.

 

“Prices have eased around two per cent since the start of the year and are down about one per cent month over month in August, signalling that sellers have been willing to lower price expectations,” Lis said. “As sellers’ and buyers’ expectations have become more aligned, transaction volume has picked up. Newly listed properties remain in line with their ten-year seasonal average however, which when paired with increasing sales activity, is likely to diminish the available inventory. This also means the window of plentiful opportunity for buyers may soon begin closing if these trends continue.” 

 

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,150,400. This represents a 3.8 per cent decrease over August 2024 and a 1.3 per cent decrease compared to July 2025.   

 

Sales of detached homes in August 2025 reached 575, a 13 per cent increase from the 509 detached sales recorded in August 2024. The benchmark price for a detached home is $1,950,300. This represents a 4.8 per cent decrease from August 2024 and a 1.2 per cent decrease compared to July 2025.   

 

Sales of apartment homes reached 956 in August 2025, a 5.5 per cent decrease compared to the 1,012 sales in August 2024. The benchmark price of an apartment home is $734,400. This represents a 4.4 per cent decrease from August 2024 and a 1.3 per cent decrease compared to July 2025.   

 

Attached home sales in August 2025 totalled 409, a 10.5 per cent increase compared to the 370 sales in August 2024. The benchmark price of a townhouse is $1,079,600. This represents a 3.5 per cent decrease from August 2024 and a 1.8 per cent decrease compared to July 2025.

Download GVR's August 2025 MLS® Housing Market Report

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Preventative care hacks:

small tasks that save big on repairs

These small steps can keep your home running smoothly and prevent bigger issues that could end up costing you a lot more in the long run.

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Fraser Valley Stats July 2025

SURREY, BC – Market conditions are ideal for Fraser Valley home buyers this summer, but the persistent gap between buyers’ and sellers’ price expectations continues to suppress sales.

The Fraser Valley Real Estate Board recorded 1,190 sales on its Multiple Listing Service® (MLS®) in July, down half a per cent from June and down three per cent year-over-year. July sales were 23 per cent below the 10-year average.

The supply of homes for sale dipped slightly in July, down two per cent from June to 10,650, nearly 50 per cent above the 10-year seasonal average. New listings declined five per cent over June to 3,453. The Fraser Valley remains in a buyer’s market with an overall sales-to-active listings ratio of 11 per cent; the market is considered balanced when the ratio is between 12 per cent and 20 per cent.

“Home sellers are having to work harder than they did a year or two ago,” said Tore Jacobsen, Chair of the Fraser Valley Real Estate Board. “In a market where buyers are cautious and have ample choice, successful sellers are going the extra mile to meet buyers where they’re at—staging their home, handling repairs up front, and most importantly, pricing their homes realistically for the current market conditions.”

Across the Fraser Valley in July, the average number of days to sell both a single-family detached home and a condo was 38 days. Townhomes took, on average, 35 days to sell.

“The housing market, like other sectors, continues to process the effects of the ongoing tariff threats,” said Baldev Gill, CEO of the Fraser Valley Real Estate Board. “The slowdown in home sales this spring and summer has largely been driven by uncertainty and fear. Buyers and sellers are taking measures to offset the anticipated impacts, knowing that the economic effects of tariffs will likely take some time to be fully realized throughout the system.”

The composite Benchmark price in the Fraser Valley decreased 0.7 per cent in July, to $944,800.

 

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Sales recovery continues in July

Home sales registered on the MLS® across Metro Vancouver in July extended the early signs of recovery that emerged in June, now down just two per cent from July of last year.  

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,286 in July 2025, a two per cent decrease from the 2,333 sales recorded in July 2024. This was 13.9 per cent below the 10-year seasonal average (2,656).  

 

“The June data showed early signs of sales activity in the region turning a corner, and these latest figures for July are confirming this emerging trend,” said Andrew Lis, GVR’s director of economics and data analytics. “Although the Bank of Canada held the policy rate steady in July, this decision could help bolster sales activity by providing more certainty surrounding borrowing costs at a time where economic uncertainty lingers due to ongoing trade negotiations with the USA.”  

 

There were 5,642 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in July 2025. This represents a 0.8 per cent increase compared to the 5,597 properties listed in July 2024. This was 12.4 per cent above the 10-year seasonal average (5,018).  

 

The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 17,168, a 19.8 per cent increase compared to July 2024 (14,326). This is 40.2 per cent above the 10-year seasonal average (12,249).  

 

Across all detached, attached and apartment property types, the sales-to-active listings ratio for July 2025 is 13.8 per cent. By property type, the ratio is 10.2 per cent for detached homes, 16.7 per cent for attached, and 15.9 per cent for apartments.  

 

Analysis of the historical data suggests downward pressure on home prices occurs when the ratio dips below 12 per cent for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months.  

 

“With the rate of homes coming to market holding steady in July, the inventory of homes available for sale on the MLS® has stabilized at around 17,000. This level of inventory provides buyers plenty of selection to choose from,” Lis said. “Although sales activity is now recovering, this healthy level of inventory is sufficient to keep home prices trending sideways over the short term as supply and demand remain relatively balanced. However, if the recovery in sales activity accelerates, these favorable conditions for home buyers may begin slowly slipping away, as inventory levels decline, and home sellers gain more bargaining power.”  

 

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,165,300. This represents a 2.7 per cent decrease over July 2024 and a 0.7 per cent decrease compared to June 2025.  

 

Sales of detached homes in July 2025 reached 660, a 4.1 per cent decrease from the 688 detached sales recorded in July 2024. The benchmark price for a detached home is $1,974,400. This represents a 3.6 per cent decrease from July 2024 and a 1 per cent decrease compared to June 2025.  

 

Sales of apartment homes reached 1,158 in July 2025, a 2.9 per cent decrease compared to the 1,192 sales in July 2024. The benchmark price of an apartment home is $743,700. This represents a 3.2 per cent decrease from July 2024 and a 0.6 per cent decrease compared to June 2025.  

 

Attached home sales in July 2025 totalled 459, a five per cent increase compared to the 437 sales in July 2024. The benchmark price of a townhouse is $1,099,200. This represents a 2.3 per cent decrease from July 2024 and a 0.4 per cent decrease compared to June 2025. 

Download GVR's July 2025 MLS® Housing Market Report

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Helping You

With Your Home Purchase - Needs and want

With an appreciation of what you can afford, determine your needs and wants within your home purchase price range:

Consider your current lifestyle as well as any lifestyle changes you foresee longer term.

Select an urban, suburban or rural location that best serves the needs of your evolving lifestyle.

Choose neighbourhoods in close proximity to the amenities that are most important to you like schools, shopping, entertainment, recreation and transportation.

Consider your commute times to work, school, friends and family.

Determine the size of home you require, such as the minimum number of bedrooms, as well as any other space requirements, like room for a home office.

Understand the home features most important to you, such as additional bathrooms or a large yard.

Decide on a property type that suits your lifestyle, needs and finances whether condo, townhouse, single or multi-family dwelling.

Ask for Help:

We can help you validate your needs and wants in light of current market conditions. Put our expertise to work for you and learn more about these steps in your home purchase.


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Helping You

With Your Home Purchase - Financing

Organizing your finances is the critical first step in your home purchase:

Consider the one-time costs associated with a home purchase, including a down payment, legal fees, taxes and moving expenses.

Understand ongoing monthly costs, including mortgage payments, insurance, utilities, property taxes, maintenance and, if applicable, condo fees.

Take into account the equity you may have in your current home and the applicable mortgage options available for your next move.

Pre-qualifying for a mortgage gives you the comfort of knowing how much you can afford and what your monthly payments will be.

A pre-approval from a mortgage lender protects you against interest rate increases for a given period during your home search.

Ask for Help:

We can help provide you with tools and resources to organize your finances.

Put our expertise to work for you and learn more about these steps in your home purchase.


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Canadian home sales keep climbing in June while prices stabilize: CREA

The Canadian housing market showed fresh signs of momentum in June, with home sales continuing their upward trend and prices stabilizing after several months of declines, according to the latest report from the Canadian Real Estate Association (CREA). While activity remains below historical highs, buyers are clearly stepping back in, especially in the Greater Toronto Area, where sales have been on a rebound since spring. 

Sales see second month of gains

Home sales recorded over Canadian MLS® Systems climbed 2.8% in June compared to May. This follows a 3.5% increase the month before, marking two solid months of recovery. Sales in the GTA have risen 17.3% cumulatively since April – a strong signal that buyers are becoming more active in one of the country’s largest markets.

Compared to June 2024, national sales activity was up 3.5%, further reinforcing the trend.

“At the national level, June was pretty close to a carbon copy of May, with sales up about 3% on a month-over-month basis and prices once again holding steady,” said Shaun Cathcart, CREA’s Senior Economist, in the report. “It’s another month of data suggesting the anticipated rebound in Canadian housing markets may have only been delayed by a few months, following a chaotic start to the year; although with the latest 35% tariff threat, we’re not out of the woods yet.”

Fewer new listings tighten the market

While more homes are selling, fewer are hitting the market. New listings dropped 2.9% month over month, helping tighten market conditions. As a result, the national sales-to-new-listings ratio rose to 50.1% in June, up from 47.3% in May, pushing the market further into balanced territory. 

At the end of June, there were just over 206,000 properties listed for sale across Canada – about 4.7 months worth – 11.4% higher than this time last year. 

Prices hold steady after spring declines

The national MLS® Home Price Index (HPI) slipped just 0.2% from May to June, a modest change following three consecutive months of roughly 1% declines. Year over year, the HPI was down 3.7%.

The national average home price came in at $691,643 in June, down 1.3% compared to June 2024. 

“Most housing markets continued to turn a corner in June, although market conditions still vary considerably depending on where you are in Canada,” said Valérie Paquin, CREA’s Chair. “If the spring market was mostly held back by economic uncertainty, barring any further big shocks, that delayed activity could very likely surface this summer and into the fall.”

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Lawn love: How to grow (and keep) a beautiful yard

A lush, healthy lawn does more than improve curb appeal – it creates a space for relaxation, play, and connection. Whether you’re starting from scratch or reviving patchy grass, the key to lawn success is consistent care rooted in smart, seasonal decisions. From soil prep to watering, mowing, and fertilizing, this guide walks you through the essentials of lawn maintenance in Canada for every yard size and condition.

Start with the soil

Healthy grass starts below the surface. Begin by clearing away dead leaves, branches, and leftover clippings. If your lawn feels uneven or compacted, lightly rake and level out bumps.

Aeration is essential, especially in high-traffic zones or areas where water tends to pool. Aerating loosens the soil and allows oxygen, water, and nutrients to reach the roots, setting the foundation for strong growth.

Seed strategically

If your lawn looks thin or patchy, overseeding is a smart move. The best time for most Canadian climates is early fall, when conditions are cool, moist, and free from weed competition.

  • Choose a grass seed mix suited to your region and sunlight exposure.

  • Keep newly seeded areas evenly moist – not soggy – for several weeks.

  • Morning watering is best to reduce evaporation and disease risk.

Water wisely

Let your lawn tell you when it’s thirsty. Instead of watering on a strict schedule, watch for signs of dryness: blades that curl, turn bluish-grey, or don’t spring back after being walked on. Water your lawn deeply and in the morning to reduce evaporation and give roots time to absorb moisture before the heat sets in. Always aim for about one inch of water per week, depending on your grass type and local rainfall. 

Sprinkler systems or timed irrigation can help you water efficiently, saving both water and money, especially if your system is set up to target areas evenly and avoids run-off.

Fertilize with intention

Feeding your lawn properly helps it grow thick and vibrant.

  • Look for slow-release fertilizers or step-based programs that feed over time instead of giving your lawn a sugar rush.

  • If you’re sowing new grass, use a starter fertilizer that supports root growth and avoid using spreaders with hollow wheels, as they can leave ruts that disrupt seedlings.

  • Over-fertilizing can scorch your lawn. Under-fertilizing leads to weak growth. The key is consistency and even application.

Mow with care

Cutting grass seems simple, but doing it wrong can do more harm than good.

  • Never cut wet grass – it tears more easily and can clog your mower.

  • Stick to the one-third rule: never cut off more than a third of the blade height. Ideally, mow when your grass is about four inches tall, cutting it back to three inches. This helps protect roots from sun damage and discourages weed growth.

  • Keep mower blades sharp – dull blades rip the grass instead of slicing cleanly, which can lead to disease.

  • Switch up your mowing pattern regularly to prevent soil compaction and ruts.

  • Don’t scalp your lawn (cutting grass too short) in the hopes of mowing less – it shocks the plant and invites weeds.

Tidy the edges

Clean, crisp edges make a world of difference. Use a trimmer or edger along walkways, driveways, and garden beds. Not only does this make your lawn look professionally maintained, it prevents overgrowth from creeping into unwanted areas.

Watch for trouble

Brown patches can pop up even in a well-tended lawn.

  • It could be dormancy. Grass will naturally go brown to conserve energy during extreme heat or drought. If it springs back after rain or watering, there’s no need to panic.

  • Other culprits include fungal disease, pet urine, or poor drainage. Inspect the soil, remove any thatch buildup, and adjust watering habits if needed.

  • Weeds? Spot-treat with a selective herbicide (not a total vegetation killer), and be careful not to overapply.

Final Thoughts

Lawn care doesn’t have to be overwhelming. Think of it like tending to any living thing: with the right foundation, consistency, and a willingness to observe and adapt, your lawn can become one of your home’s happiest features. Take the time to understand what it needs, season to season.

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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.