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  • Five Corners lifestyle

    Five Corners lifestyle

    Daily life near the Johnston Road, Buena Vista Avenue, and Pacific Avenue convergence in Five Corners feels especially convenient and connected. As a local real estate agent working in the area each week, I see how easily residents can access shops, services, coffee, dining, and everyday essentials.

    Local favourites such as Five Corners Cafe, Morrison Restaurant, and Laura’s Corner Cafe add personality to the neighbourhood. The area also offers a relaxed cafe-and-bar atmosphere, creating easy places to meet friends, enjoy a coffee, or settle into the rhythm of the community.

    Location is another highlight. Residents can walk toward the beach and promenade or head uptown, making it simple to combine errands with fresh air and leisure. This connected setting supports a lifestyle that feels active without being rushed.

    Housing is varied, with condos, rentals, older detached homes, and newer multifamily buildings contributing to a distinctive neighbourhood mix. If you are considering a move to White Rock, Five Corners is worth exploring for its local character, walkability, and everyday convenience.

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  • Inflation climbs, home sales rise: what it all means for Canadian borrowers

    Inflation climbs, home sales rise: what it all means for Canadian borrowers

    Canada's inflation rose to 3% due to higher oil prices, but the Bank of Canada is expected to hold interest rates steady next month. Variable mortgage rates likely remain stable, while fixed rates face uncertainty. Home sales and prices are rising, signaling a positive housing market outlook. A potential US-Canada trade deal and reduced tariff threats could boost market confidence and encourage more homebuyers, especially first-timers.

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  • Canadian Home Sales Slide 6.9% Yearly

    In Mid-Q3, Canada home sales slipped ~1% MoM and ~7% yearly, as economic uncertainty and higher mortgage costs weighed on market activity.
    Canada’s price index was flat MoM in Mid-Q3 and ↓~3% yearly, while newly listed properties rebounded ~3% after three straight monthly declines.
    The sales-to-new listings ratio eased to ~49% from ~51% in Early-Q3, moving further below its long-term avg. near 55% across Canada overall.
    An economist said rising inflation risks and doubts about recent growth changed the broader backdrop, while higher bond yields pushed fixed mortgage rates upward.
    At that time, markets priced in a ~60% chance of an Early-Q4 rate hike, with >1 percentage point of tightening by 2027.

  • Happy Thanksgiving

    The perfect opportunity to embrace your inner "foodie" and unbutton your pants at the dinner table!In Canada, post-Thanksgiving is all about creative cranberry sauce solutions. Cranberry sauce pancakes, anyone?It's that time when multiple ovens are a blessing. Turkey, pies, casseroles – less stress!

  • First-Time Homebuyer Tips: Here’s What You Need to Know

    First-Time Homebuyer Tips: Here’s What You Need to Know

    First-time homebuyers should prepare by budgeting for mortgage, taxes, insurance, and maintenance. Getting pre-approved for a mortgage clarifies affordability. Research local markets and factor in closing costs. Consider home inspections to avoid surprises. Decide between buying resale or building new, weighing costs and energy efficiency. Plan for future needs, resale value, and ongoing maintenance. Take time to choose wisely for a confident homebuying experience.

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  • Greater Vancouver Prices Drop: Buyers Gain Leverage

    Greater Vancouver Prices Drop: Buyers Gain Leverage

    In August 2026, Greater Vancouver saw its median sale price fall by 3.5% compared to last year. This is a meaningful shift, opening up more affordability for buyers in a market known for high prices. If you've been waiting for a better entry point, this could be your moment to act.

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  • Canada Buyers See a Small Window

    Nearly half of Canadians planning to buy within 2 yr said now was the right time, even as ~three-quarters said economic uncertainty made them cautious.
    Optimism centered on affordability: ~six in 10 expected lower prices to help them buy, and just over half said interest rates supported that view.
    More than half believed the window was small before prices climbed again, and nearly half expected interest rates to rise in 2026, pushing action.
    Rising costs squeezed savings, and confidence stayed limited: inflation reduced saving for ~seven in 10, while fewer than half of intended buyers felt ready.
    Prospective buyers and renewal households largely said expert advice was essential for major ownership decisions, especially as many weighed how higher rates could affect affordability.

  • B.C.: Governments Plan to Buy Vacant Condos

    Opposition MPs asked an independent lobbying officer to review BC's $1.5B condo-conversion partnership, focusing on a Vancouver marketer, a developer executive, and possible lobbying breaches.
    The program was designed to convert >2.2K vacant Metro Vancouver condominium units into affordable housing through federal and provincial housing agencies in BC.
    During committee debate, one MP highlighted a Mid-Q1 fundraiser, Mid-Q2 unsold completed condos ↑~75% in Metro Vancouver, and a Late-Q2 non-condo property transaction.
    Their earlier committee push ended on July 7, when a federal majority stopped debate on proposed witnesses and document requests for the program.
    Separately, a public petition on BC condo acquisitions stayed open through October 24, seeking disclosure, independent appraisals, below-market pricing, and permanent affordability protections.

  • Canada Housing Affordability: The Next Move

    Canada housing affordability had been improving, but a bank economist said it still had not returned to a normal range for many households.
    Recent gains were tied to earlier rate cuts, lower national home prices from their peak, and real personal income growth across Canada.
    The economist outlined three paths back to affordability: stronger incomes, further home price easing, or more rate cuts from the central bank.
    That third path looked unlikely, as the central bank's stance was described as hawkish, leaving home prices carrying more of the adjustment.
    National readings also masked wide regional differences, so buyers and owners benefited most from local analysis rather than relying on one Canada-wide figure.

  • Canada Buyers Gain More Choice in 2026

    Stable borrowing costs and firm housing costs are giving active buyers a clearer planning window, with accessible entry points emerging in several markets.
    After years of unpredictable inventory, rates, remote work, trade policy, and inflation, softer price growth points toward a more normal 2026 market.
    The central bank suggested its overnight lending rate may hold near 2% for much, if not all, of 2026, supporting buyer confidence.
    Balanced or buyer-favoured regions give shoppers more time to compare options, focus on fit, and avoid rushed decisions under pressure in 2026.
    Fredericton led the national 2026 ranking again, combining East Coast affordability, equity-building potential, market stability, and lifestyle appeal for buyers seeking value.