Canadian MLS® Systems posted a double-digit jump in new supply in January 2025 when compared to December 2024. At the same time, sales activity fell off at the end of the month, likely reflecting uncertainty over the potential for a trade war with the United States.

Although sales were down 3.3% month-over-month in January, this was mostly the result of sales trailing off in the last week of the month.

Meanwhile, the number of newly listed homes increased with an 11% jump compared to the final month of 2024. Aside from some of the wild swings seen during the pandemic, this was the largest seasonally adjusted monthly increase in new supply on record going back to the late 1980s.

“The standout trends to begin the year were a big jump in new supply…

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New Westminster is quickly becoming a top spot for first-time homebuyers in British Columbia. Sitting along the Fraser River, it has a mix of historic charm and modern living. Compared to Vancouver, it’s more affordable while still offering great amenities. Buyers love its character-filled streets, updated developments, and welcoming community that makes it feel like home. It’s the perfect place for those wanting city life without the big-city price tag.

What Makes New Westminster Appealing?

New Westminster is rich in history, with heritage buildings, walkable neighborhoods, and a community atmosphere that stands out. The city is full of parks, riverside walkways, and a variety of restaurants, creating an enjoyable and convenient lifestyle for all…

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Winter can be tough on homes, with cold temperatures, snow, and ice causing potential damage. However, with the right care and preparation, you can keep your home warm, safe, and energy-efficient. This guide covers key steps to help you prepare for the colder months, from sealing windows to protecting your pipes.

Getting Your Home’s Exterior Ready

Checking and Fixing the Roof

Your roof shields your home from the elements, so it’s important to check for loose, damaged, or missing shingles before winter starts. Snow and ice can make small issues worse, leading to leaks and expensive repairs. If you’re unsure, hiring a professional for an inspection can help catch problems early and prevent bigger issues.

Cleaning Out the Gutters

Gutters…

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We all want our homes to be a safe haven, not just for us but also for our furry friends. Whether you have a cat, dog, or even a rabbit, ensuring your home is pet-friendly is essential. But where do you start? Creating a pet-friendly home isn't just about making space for your furry companions; it's about ensuring their safety, comfort, and happiness while maintaining the style and function of your living space. A well-prepared home means fewer accidents, reduced stress for both you and your pet, and an overall more harmonious household.

Why a Pet-Friendly Home Matters

Our pets are family, and just like baby-proofing a home for kids, pet-proofing ensures safety and comfort. From preventing accidents to choosing pet-resistant materials, making a home…

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Have you ever wondered why so many wealthy individuals invest in real estate? It’s not just about owning property; it’s about creating a sustainable income stream, growing wealth, and taking advantage of numerous financial benefits. Real estate investment is one of the most reliable and time-tested ways to build wealth over the long term. Unlike stocks and other volatile investment options, real estate offers stability, appreciation, and multiple streams of income. Whether you are looking to generate passive income, diversify your investment portfolio, or secure financial independence, real estate investing provides various strategies to achieve your goals.

The Power of Real Estate Investing

Appreciation Over Time

Unlike many other investments,…

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Fraser Valley’s Decade-High Inventory Could Open Doors for Buyers

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

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

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

Sales-to-Active Listings Ratio

The…

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Home Sellers Off to an Active Start in 2025

VANCOUVER, BC – February 4, 2025 – Homes newly listed on the MLS® in Metro Vancouver rose 46 per cent year-over-year in January, as sellers appear eager to enter the market to start the year.

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

“In the three months preceding January, we’ve watched buyer demand gain momentum, but it appears that momentum is now shifting toward sellers to start the new year,” Andrew Lis, GVR’s director of economics and data analytics said. “Even with this increase in new…

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The Bank of Canada (BoC) reduced the overnight rate by 25 basis points this morning, bringing the policy rate down to 3.0%. The market had anticipated a nearly 98% chance of this 25 basis point reduction, and consensus aligned with this expectation.

The Federal Reserve is also set to announce its rate decision this afternoon, where it is widely expected to maintain the current policy rate. As a result, the gap between the US Federal Funds rate and the BoC’s overnight rate has widened to 150 basis points. This discrepancy is largely attributed to stronger growth and inflation in the US compared to Canada.

Consequently, Canada’s relatively low interest rates have negatively impacted the Canadian dollar, which has fallen to 69.2 cents against the US…

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A pool is a great addition to any backyard, offering fun, relaxation, and a way to cool down. But it’s important to keep it clean and safe. Without regular upkeep, a pool can become dirty, unsafe, and costly to fix. Spending a little time each week can go a long way toward keeping it in great condition for everyone to enjoy.

What Makes Pool Care Worth the Effort

No one wants to swim in water that looks cloudy or smells bad. Taking care of your pool helps you avoid these issues. Regular maintenance keeps the water clear and safe and prevents small problems from turning into big ones. It also helps your pool last longer and look better, which adds to the value of your home.

Keeping Water Chemistry Balanced

The Basics of pH, Alkalinity, and…

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Finding a home to rent isn’t just about picking a place that looks nice. It’s about ensuring the property matches your lifestyle, budget, and future plans. Imagine moving into a place only to realize you’re dealing with hidden fees, rigid rules, or a loud neighborhood. Asking the right questions beforehand helps you avoid these headaches. Think of it as laying a strong foundation for your decision-making. It saves you time, stress, and money in the long run.

Question 1: What Is the Full Monthly Cost?

Understanding the Rent Breakdown

The rent advertised might seem affordable, but it’s critical to ask about extra charges that could raise your monthly costs. For example, some rentals require separate fees for parking spots, access to a gym, or a…

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