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School Spotlight: Cliff Drive Elementary

Location:  5025 12th Avenue, Tsawwassen
Programs:  English & Late French Immersion for Grades 6 and 7
Current Principal:  Mr. McGrory

Welcome to Cliff Drive Elementary/ Ecole Cliff Drive.

We are a well established K through 7 Elementary school, that also offers Late French Immersion for Grades 6 and 7.  The school is situated near the bluff in Tsawwassen.  The staff here are are committed to working to create a climate that will foster each child’s development academically, socially, emotionally and physically.

There are many opportunities for our students to be involved beyond their classroom learning experiences.  Our older students have many leadership opportunities, including office, library or classroom monitors, band, sports teams, playground helpers, and morning announcers.  We encourage our students to be active participants in the school community and are proud of their efforts and accomplishments.

Cliff Drive has an involved parent group who work together with the school.  Our PAC members extend their influence into the greater community of Delta,  and work to encourage more families to become involved with our school community.  It is important that we work together to ensure a safe supportive learning environment for the students.

The motto that Cliff Drive uses to frame our community is “Soars” – Safe, Open-minded, Achievement, Respect, with Spirit.

2025-2026 School Goals

School Vision

For more information on Cliff Drive Elementary, please click here.

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How to Keep Your Home Safe While Your On Vacation

Whether you’re heading on a quick weekend getaway or planning a cross-country trip, leaving your home unattended can come with its risks. From break-ins and burst pipes to power outages and package thefts, unexpected issues can arise when no one’s around to keep an eye on things.

The good news? With a few simple precautions, you can protect your property, reduce the risk of costly damage, and enjoy your time away with peace of mind.

Before you pack your bags, consider these home safety tips:

Secure all entry points

Start with the basics: ensure that all doors and windows are locked securely before you leave. This includes often-overlooked spots like basement windows, side doors, and garage entrances. If your locks are outdated or flimsy, consider upgrading to deadbolts or reinforced strike plates for added protection.

Avoid hiding spare keys in obvious spots like under the doormat or in a flowerpot. These are the first places intruders check. Instead, leave a spare key with a trusted neighbour, friend, or family member who can access your home in case of an emergency.

Make your home appear lived in

A dark, quiet house with an overflowing mailbox is a clear signal that nobody’s home. To create the illusion of activity, set timers on your indoor and outdoor lights to turn on and off at staggered intervals. This mimics your usual routines and helps disguise your absence.

In the winter months, arrange for snow removal, even if you’re away for just a week or two. A driveway that hasn’t been shoveled or walked on is a dead giveaway that a home is vacant. Asking someone to leave fresh tire tracks or footprints can go a long way in making your home look occupied.

Ask someone to check in regularly

One of the most effective ways to safeguard your home is to have someone check on it while you’re away. Ask a neighbour or friend to stop by every few days to collect your mail and packages, water indoor plants, and look for signs of trouble, such as leaks, storm damage, or electrical issues.

Many insurance providers require that someone inspect the property at regular intervals for coverage to remain valid during longer absences. Be sure to check your policy or speak with your insurer before your departure.

Protect your valuables and prevent damage

Take steps to secure any valuables that remain in the home. Jewelry, cash, passports, and sentimental items should be placed in a locked home safe or stored off-site in a safety deposit box. Keep curtains and blinds closed or partially drawn to prevent prying eyes from seeing inside.

If you’re planning to be away for more than a few days, consider unplugging non-essential electronics to protect them from power surges and reduce fire risk. For longer trips, shut off your main water supply to help prevent frozen or burst pipes, particularly during the colder months.

Use security technology

Smart home technology can enhance your home’s safety while giving you peace of mind. Security cameras, video doorbells, and alarm systems can act as both deterrents and monitoring tools. Many modern systems let you check in remotely, receive real-time notifications, and even speak to visitors at your front door.

If you already have a security system in place, test it before you leave to ensure it’s functioning properly. If you don’t, even simple plug-and-play cameras or app-enabled door sensors can provide added assurance.

Be cautious with social media

As tempting as it may be to share your vacation excitement in real time, doing so can alert others that your home is vacant. It’s best to wait until you’re back before posting photos or updates from your trip, especially if your social media accounts are public. Broadcasting your absence can make your property a potential target for theft.

Final checklist before you go

To make things easier, here’s a quick summary of key tasks to complete before you head out the door:

  • Lock all windows and doors securely

  • Set light timers on a natural schedule

  • Leave a key and instructions with someone you trust

  • Unplug non-essential electronics

  • Shut off the water (for long trips)

  • Test or install smoke and carbon monoxide detectors

  • Check and update your home insurance policy, if necessary

  • Hold mail delivery or have someone collect it

  • Avoid advertising your absence online

Taking the time to prepare your home before you travel can help you avoid unwanted surprises and enjoy your time away with confidence. A little planning now can save you a lot of stress and money down the line. 

Written by Michelle McNally, Royal LePage Senior Manager, Research and Communications

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A Buyer’s Market: A Strategic Perspective on Today’s Conditions

“Why is the Vancouver market favouring buyers right now?”
And just as importantly—how long might this window remain open?

The real estate market in Vancouver moves in cycles. Understanding where we are within that cycle is essential to making informed, strategic decisions. At present, several factors have aligned to create conditions that are more advantageous for buyers.

Let’s take a closer look.

Inventory Has Expanded

The most significant driver of today’s market conditions is a notable increase in available inventory.

Over the past year, listing activity across Metro Vancouver has risen meaningfully. When supply outpaces buyer demand, the balance naturally shifts.

For buyers, this translates into something that has been scarce in recent years: choice.

With more options available, buyers can take a measured approach—comparing properties, negotiating terms, and making well-considered decisions. For sellers, it underscores the importance of thoughtful pricing and strong presentation.

Buyers Are Proceeding with Greater Deliberation

Equally influential is a shift in buyer behaviour.

While borrowing costs have stabilized and economic conditions remain relatively steady, many buyers continue to approach the market with caution. Transactions are taking longer as buyers conduct more thorough due diligence—reviewing strata documentation carefully, assessing long-term value, and negotiating with increased confidence.

This more deliberate pace has tempered overall transaction volume, though it is important to note: demand has not disappeared—it has simply become more discerning.

Interest Rate Adjustments Have Reshaped Behaviour

The interest rate increases of recent years have had a lasting impact on affordability and purchasing patterns. Even as rates have stabilized, many buyers required time to recalibrate their expectations and budgets.

This adjustment period temporarily slowed demand and allowed inventory levels to build.

Now, with greater predictability in the borrowing environment, buyers are gradually re-engaging. However, the earlier hesitation helped create the conditions we are experiencing today.

Sellers Are Returning to the Market

At the same time, many homeowners who delayed selling during periods of uncertainty are now bringing their properties to market.

Life transitions—relocation, upsizing, downsizing—continue regardless of market cycles. As more sellers list simultaneously, inventory increases, even if demand remains steady.

It is this shift in balance that creates increased leverage for buyers.

How Long Will It Last?

Historically, buyer-favouring markets in Vancouver tend to be relatively short-lived.

As inventory is absorbed and buyer confidence returns, momentum can shift quickly. Often, once stability is perceived—or even modest improvement—activity accelerates faster than anticipated.

The typical cycle unfolds as follows:

  • Inventory rises

  • Buyer activity slows

  • Negotiation leverage increases

  • Confidence begins to return

  • Competition intensifies

By the time headlines signal a “hot market,” the window of opportunity has often already begun to narrow.

What This Means for Buyers

In the current environment, buyers benefit from conditions that are uncommon in Vancouver’s long-term market history:

  • The ability to evaluate properties thoughtfully

  • Greater flexibility to negotiate price and terms

  • Broader selection across property types and neighbourhoods

These advantages, while meaningful, are often temporary.

What This Means for Sellers

For sellers, success in today’s market is driven by strategy and precision.

Properties that are appropriately priced and professionally presented continue to perform well. However, when buyers have options, overpricing or insufficient preparation is quickly exposed.

In balanced or buyer-leaning markets, disciplined positioning is essential.

Final Perspective

While market conditions evolve, Vancouver’s underlying fundamentals remain strong—driven by population growth, limited land supply, and sustained housing demand.

At present, we are in a moment where buyers hold more leverage than they have in years. Whether that window persists or begins to close will depend on how quickly confidence returns and how efficiently current inventory is absorbed.

If you’re considering buying or selling and would like to understand how these conditions apply to your specific goals or neighbourhood, we would be pleased to offer tailored guidance.  Call Sarah Toigo & Associates today.  

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List Price Vs. Market Price:  A strategic perspective

As a dedicated real estate professional committed to guiding clients with clarity and confidence, I believe it’s essential to understand a fundamental concept in any property transaction: the distinction between list price and market price.

List Price
The list price is the figure set by the seller when bringing a property to market. It is the price you see in listings and marketing materials, often designed to position the home competitively within its segment.

Market Price
Market price, by contrast, reflects what a property is truly worth in the current environment—shaped by supply and demand, comparable sales, location, condition, and broader market dynamics. It is ultimately determined by what a willing buyer is prepared to pay and a seller is prepared to accept.

It’s important to recognize that these two figures do not always align—and in many cases, they can differ meaningfully.

Why This Distinction Matters

Informed Expectations
Understanding the gap between list and market price allows you to approach the process with realistic expectations—whether evaluating affordability as a buyer or positioning your home effectively as a seller.

Stronger Negotiation Position
With insight into true market value, you are better equipped to identify opportunities—whether that means recognizing a well-priced property or uncovering room for negotiation.

Avoiding Overpayment
Relying solely on the list price can lead to misinformed decisions. A clear understanding of market value helps ensure you make a sound investment.

Strategic Pricing for Sellers
For sellers, aligning list price with market realities is key to attracting qualified buyers, generating interest, and ultimately achieving optimal results.

Guidance You Can Rely On

Whether you are buying or selling, our role is to provide clarity, strategy, and informed perspective at every step. We offer:

  • A comprehensive analysis of current local market conditions

  • Accurate assessments of property value based on comparable data

  • Tailored pricing and negotiation strategies aligned with your objectives

If you would like to explore how list price and market value intersect—or discuss your plans in today’s market—we would be pleased to connect. Together, we can navigate the process with confidence and precision.  Call Sarah Toigo & Associates today!

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Living Well at Home:  Smart Strategies for Aging in Place

As housing costs continue to rise and the desire for comfort and continuity grows, more homeowners in Vancouver are choosing to age in place—thoughtfully adapting their homes to support evolving needs rather than relocating.

Whether you are planning for your own future or assisting a loved one, renovating with longevity in mind can provide meaningful peace of mind, enhance day-to-day living, and contribute to the long-term value of your property.

Let’s explore what it means to age in place successfully—and how to approach it with intention and foresight.

👵🏽 The Growing Shift Toward Aging in Place

In today’s market, transitioning to downsized housing or assisted living can be financially and emotionally challenging. For many, the connection to a long-time home—and the surrounding community—remains deeply significant.

With the right modifications, a home can evolve alongside its owner, offering safety, independence, and comfort through every stage of life.

🏠 Defining an Age-Friendly Home

A well-designed, age-friendly home prioritizes accessibility, safety, and ease of use—without compromising on style. Common and effective upgrades include:

  • Step-free entryways and widened doorways

  • Main-level bedrooms and bathrooms

  • Walk-in or roll-in showers with integrated grab bars

  • Lever-style hardware in place of traditional knobs

  • Slip-resistant flooring and enhanced, layered lighting

  • Stair lifts or residential elevators for multi-level homes

  • Smart home technology for security, lighting, and voice-activated support

These enhancements are not merely practical—they are empowering, enabling homeowners to maintain independence and familiar routines for longer.

💰 Financing Thoughtful Renovations

While renovation costs can vary, several financing options can help make these upgrades more accessible:

  • Home Equity Lines of Credit (HELOCs) for flexible, lower-interest borrowing

  • Government incentives, such as the BC Home Renovation Tax Credit for Seniors and Persons with Disabilities

  • Programs from Canada Mortgage and Housing Corporation offering guidance and, in some cases, funding support

  • Family co-investment, particularly in multi-generational living arrangements

Notably, many of these improvements can also enhance resale appeal as demand for adaptable, future-ready homes continues to grow.

📈 Renovations That Add Lasting Value

While not every accessibility feature translates directly into resale value, many upgrades are increasingly attractive to a wide range of buyers, including:

  • Families supporting aging relatives

  • Buyers seeking multi-generational living solutions

  • Investors prioritizing flexible, future-proof properties

High-impact upgrades in the Vancouver market often include:

  • Barrier-free bathrooms with contemporary finishes

  • Ground-level suites suitable for extended family or rental income

  • Energy-efficient improvements that complement accessibility enhancements

The goal is to strike a balance between functionality and design—creating spaces that are both practical and aesthetically refined.

🧰 Planning a Future-Ready Renovation

A strategic approach is key to maximizing both livability and value:

  • Plan proactively: Renovating ahead of necessity allows for more thoughtful decisions and less disruption

  • Engage experienced professionals: Seek contractors familiar with universal design or aging-in-place principles

  • Design for longevity: Select materials and layouts that will serve both current and future needs

  • Consult a real estate professional: Strategic guidance can help ensure your investment aligns with market expectations

  • Consider adaptability: Some features can be designed to evolve or be reversed over time

🏡 A Thoughtful Perspective

Aging in place is about more than remaining in one’s home—it’s about preserving quality of life, independence, and dignity.

With careful planning and well-executed upgrades, your home can continue to support your lifestyle for years to come.

If you’re exploring options for yourself, a family member, or a client, we would be pleased to help you evaluate possibilities, connect with trusted professionals, and make informed, confident decisions.

Let’s discuss how your home can serve you—both today and into the future.  Call Sarah Toigo & Associates today!

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Community Event: Delta Youth Theatre - Seussical Jr. - May 8-10, 2026 @ Equinox Theatre

Get ready for a colourful, musical adventure where imagination takes centre stage…

Delta Youth Theatre proudly presents Seussical JR. — a joyful spring production bursting with heart, humour, and whimsy! Inspired by the beloved stories of Dr. Seuss, this vibrant show weaves together classic characters like Horton the Elephant, the Cat in the Hat, Gertrude McFuzz, and Jojo into one unforgettable tale.

Follow Horton as he discovers a tiny world on a speck of dust and learns that “a person’s a person, no matter how small.” Along the way, audiences will be treated to catchy songs, playful storytelling, and meaningful messages about friendship, loyalty, and the power of believing in yourself.

Brought to life by the incredible young performers of Delta Youth Theatre, Seussical JR. is a celebration of creativity, community, and the magic of live theatre.

🎭 Perfect for families, kids, and anyone young at heart
Come support local talent and experience a show that’s as uplifting as it is unforgettable—this is one spring performance you won’t want to miss!

Showtimes:
Friday, May 8 - 7:00pm
Saturday, May 9 - 2:00pm
Saturday, May 9 - 7:00pm
Sunday, May 10 - 2:00pm

Location:
Equinox Theatre
750 53 Street
Delta, British Columbia V4M 3B7

For more information or to purchase tickets to our favourite youth theatre group, click here.

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Navigating Closing Costs:  What you Need to Know

We understand that purchasing a home is both an exciting milestone and a significant financial decision. To ensure you feel informed and confident throughout the process, it’s important to have a clear understanding of one key component: closing costs.

Why Closing Costs Matter

Closing costs represent the additional expenses associated with finalizing your home purchase. Having a clear picture of these costs in advance allows for thoughtful financial planning and helps ensure a smooth, stress-free transition into your new home.

A Closer Look at Common Closing Costs

Legal Fees
Professional fees for a real estate lawyer or notary who manages the legal aspects of your transaction, including title transfer and document preparation.

Property Transfer Tax
A tax calculated based on the purchase price of the property. In British Columbia, certain exemptions and rebates may be available to eligible first-time home buyers.

Property Tax Adjustments
Reimbursement to the seller for any prepaid property taxes that extend beyond your possession date.

Home Inspection
While not mandatory, a professional inspection is strongly recommended to assess the condition of the property and identify any potential concerns.

Mortgage Insurance
Applicable when the down payment is less than 20% of the purchase price, providing protection to the lender.

Appraisal Fees
Charged by your lender to confirm the market value of the property as part of the financing process.

Home Insurance
Proof of an active home insurance policy is required prior to closing.

Utilities and Other Adjustments
Includes reimbursement for prepaid utilities or other expenses that may be adjusted between buyer and seller at closing.

Navigating Closing Costs with Confidence

Preparing for closing costs in advance is essential to avoiding unexpected expenses and ensuring a seamless experience on possession day. Our role is to guide you through each step, providing clarity, foresight, and tailored advice based on your specific circumstances.

We’re happy to provide a detailed estimate of closing costs relevant to your purchase, as well as connect you with trusted professionals—including real estate lawyers and mortgage specialists—to support a smooth and efficient process.

If you have any questions or are ready to begin your home-buying journey, we would be pleased to assist you every step of the way.  Call Sarah Toigo & Associates today!

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As Rate Cuts Conclude: A Strategic Look at What’s Ahead

There is a meaningful shift unfolding quietly within the real estate landscape.

The Bank of Canada has begun signaling that we may be approaching the end of the current interest rate easing cycle. In practical terms, this suggests that borrowing costs may not decline significantly further from here.

While this may appear subtle, its implications—particularly for buyers—can be considerable.

What This Means in Today’s Market

In recent months, stabilizing and gradually easing rates have helped re-engage buyers, fostering:

  • Renewed confidence

  • Improved affordability

  • Greater predictability in borrowing

However, real estate markets are inherently forward-looking. They respond not only to current conditions, but to changing expectations.

When the perception emerges that rates have reached their low point, behaviour tends to shift—often quickly.

The Psychology of a Turning Point

During periods of declining rates, many buyers adopt a wait-and-see approach, anticipating further improvements.

But once rates appear to stabilize, that mindset evolves.

The question shifts from “Should I wait?” to “Is this the right time to act?”

This change in sentiment alone can stimulate demand—sometimes more rapidly than anticipated.

What Typically Follows

As buyer activity increases, several market dynamics tend to emerge:

  • Heightened competition

  • Accelerated listing timelines

  • Stronger, more decisive offers

  • Reduced flexibility in negotiations

In effect, the leverage buyers have recently enjoyed can begin to narrow.

Why This Matters Now

At present, many buyers still benefit from:

  • The ability to evaluate properties thoughtfully

  • Increased negotiating flexibility

  • A broader selection of available inventory

Yet as confidence builds and activity resumes, these conditions can evolve—often more quickly than expected.

Recognizing the Opportunity Window

Moments of transition often present the most strategic opportunities in real estate:

  • When rates have stabilized

  • But widespread competition has not yet returned

This is where preparation and clarity become especially valuable. As market momentum builds, the dynamics shift once again.

A Strategic Approach

This is not a call to act with urgency—but rather with intention.

Consider the fundamentals:

  • Are you financially positioned to move forward?

  • Do you have a clear understanding of your borrowing capacity?

  • Are you monitoring the right opportunities?

  • Do you have a well-defined strategy in place?

Thoughtful preparation allows you to act with confidence, rather than react under pressure.

Final Perspective

The conclusion of a rate-cut cycle influences more than borrowing costs—it shapes behaviour. And behaviour is what ultimately drives market movement.

For those who have been waiting on the sidelines, anticipating further rate reductions, this may be an appropriate moment to reassess—not hastily, but with informed clarity.

If you would like to explore how current conditions affect your purchasing power, or how this shift may influence your timing, we would be pleased to provide tailored guidance.  Call Sarah Toigo & Associates today for your customized assessment. 

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Lessons Learned from Home Inspections

Once you’ve secured your dream home with an accepted offer and have your financing in place, things start to get exciting. However, even if the property looks great, the only way to be sure everything checks out is to hire a professional home inspector. 

Home inspections can teach you so much about your new house, including how to maintain it, and which repairs need to be carried out now or in the near future. Inspectors can also help uncover a property’s mysteries or even find nasty surprises you’ll want to know about – and possibly renegotiate on – before the sellers hand over the keys. 

Don’t skip this essential step

We get it – in red-hot markets like Vancouver where bidding wars are common, sellers may prefer dealing with buyers who have no conditions attached to their offer, including not insisting on a home inspection. However, forgoing an inspection is a bad idea, says Carol Mose, a home inspector at Mose Home Inspection Services.

“If there’s ever an issue with the house that you want to go back to the seller about, you haven’t done your due diligence and you’re not covered,” says Mose. 

Home inspectors assess a property’s main systems and check that the structure is sturdy, safe and to code. They can also alert you about repairs or deficiencies. 

“We’re there to give a fair assessment of the building and, if we see something serious, we tell the buyer to get it looked into further or to obtain a quote for the repairs,” says Mose.

A home inspection for a three-bedroom home typically takes about three hours to complete. Mose suggests booking as early as you can as most inspectors are busy.

It’s a great chance to learn about your new house

Homeowners should accompany the inspecctor for a walk-through, rather than wait for a written report, notes Mose.

“Most people know little about the inner workings of the house they’re buying, so it’s also like getting an instruction manual to your house,” she explains. 

“I’ll show homeowners where and how to turn off the water in an emergency, show them the electrical panel and teach them how the air exchange system works and when to use it. When on site, homeowners absorb all the information and, by the time we’re finished the inspection, they really do understand what’s going on so they can put the final report into context.” 

Inspectors can discover DIY projects gone wrong

Scroll through social media and it’s not hard to find examples of improvised repairs, such as DIY decks being held up with a single post, electrical configurations that can lead to fire hazards, or ill-conceived ideas where someone cut out part of a supporting floor joist to get more headroom in the basement. Inspectors see it all and will advise you what needs fixing. 

“The other day, a homeowner declared they had fixed their leaking chimney, but when I went up, I saw that it was sealed with duct tape. You can’t repair a leaking chimney flashing by wrapping it with tape,” says Mose. “I’ve also seen terrible plumbing connections with duct tape.”

A home inspection may uncover unwanted roommates

Early in her career, Mose earned a nickname that perfectly describes her job. 

“A client called me the “Crawlspace Ninja” because I’d go where no one else would go,” says Mose. In her 10 years looking into every nook and cranny of houses, Mose has seen evidence that a property has mice, insects or even rats who aren’t paying their fair share of the mortgage.

“Often, while crawling over mounds of dirt under a house, I’ll see holes that then collapse, which means there are probably rats under there with their own little colonies,” she explains. 

The last thing you want in your new home is a wasp’s nest or raccoons in the attic, bats in the walls or carpenter ants chewing your wood framing. An inspector takes a close look for signs of trouble and can help provide peace of mind.

Even new or nearly-new properties should be inspected

Mose also suggests arranging a pre-delivery inspection if you’re purchasing a brand-new house. This step is conducted with the builder before you take possession of your home, where you walk through the property and verify that all work has been completed.

“We make sure all the t’s are crossed and the i’s are dotted, because I always find something,” she says. “For example, I recently inspected a brand-new condo and found a leaking shower connection – not just the showerhead, but the actual plumbing connection – plus there was a loose drain, both of which could potentially lead to bigger problems down the road.”

Another inspection for a couple who would be the second owners of a property revealed the attic had no insulation; the builder had probably forgotten to put it in. 

“It’s always safer to get an inspection,” notes Mose. 


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Assessing the Market Landscape

As you begin your real estate journey, understanding whether you’re operating in a buyer’s or seller’s market is essential to shaping a thoughtful, effective strategy. Each environment presents distinct opportunities—and knowing how to navigate them can significantly influence your outcome.

Buyer’s Market

In a buyer-favoured market, conditions tend to work to your advantage:

Expanded Choice
With higher inventory levels, you benefit from a broader selection of homes, increasing the likelihood of finding a property that truly aligns with your needs and preferences.

Greater Negotiating Leverage
Buyers are often in a stronger position to negotiate price, terms, and conditions. Sellers may be more receptive to reasonable offers, including requests for repairs, credits, or subject conditions.

Time for Considered Decisions
Reduced urgency allows for a more measured approach. You can evaluate options carefully, conduct due diligence, and move forward with confidence rather than pressure.

Seller’s Market

In a seller-driven market, the landscape shifts and requires a more strategic, decisive approach:

Constrained Inventory
Limited housing supply typically results in increased competition, with desirable properties attracting significant buyer interest—often in the form of multiple offers.

Heightened Competition
To remain competitive, buyers may need to act quickly and present strong, compelling offers. This can include offering above asking price or minimizing conditions to appeal to sellers.

Timing and Market Awareness
In fast-moving markets, timing is critical. A clear understanding of current trends and pricing dynamics can help you act decisively and position your offer effectively.

A Strategic Approach, Tailored to You

Being well-informed about market conditions empowers you to make confident, strategic decisions throughout your home-buying journey.

If you’d like guidance tailored to your specific goals—or simply want to better understand how to navigate the current market— we’re here to help. Together, we can develop a refined approach that positions you for success and ensures you find the right home with confidence.  Call Sarah Toigo & Associates today!

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GVR April 2026 MLS® Housing Market Report

Diverging trends widen as detached housing gains steam

Home sales registered on the MLS® in Metro Vancouver remain relatively flat compared to April last year, but a divergence is emerging between market segments.

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,110 in April 2026, a 2.5 per cent decrease from the 2,163 sales recorded in April 2025. This was 22.9 per cent below the 10-year seasonal average (2,735).

“Last month we noted that a divergence was emerging between sales trends in the detached and multi-family segments, which continued in April,” said Andrew Lis, GVR chief economist and vice-president data analytics. “Sales of detached homes have been gaining year-over-year, while sales in the multi-family segment have declined, and this pattern is consistent across most areas. The fact this pattern is so broad-based reduces the likelihood what we’re seeing is just a blip in the data since the momentum isn’t isolated to small pockets of the market.”

There were 6,684 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in April 2026. This represents a 2.4 per cent decrease compared to the 6,850 properties listed in April 2025. This was 15.5 per cent above the 10-year seasonal average (5,785).

The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 16,236, a 0.2 per cent increase compared to April 2025 (16,207). This is 37.9 per cent above the 10-year seasonal average (11,773).

 Across all detached, attached and apartment property types, the sales-to-active listings ratio for April 2026 is 13.5 per cent. By property type, the ratio is 11.3 per cent for detached homes, 15 per cent for attached, and 14.7 per cent for apartments. Analysis of the historical data suggests downward pressure on home prices occurs when the ratio dips below 12 per cent for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months.

“While it’s not always the case, there have been periods where the detached segment has acted as a bellwether of market sentiment, and it’s a question whether this time around this might be the case,” Lis said. “Prices across all segments remain relatively flat month over month as inventory levels remain sufficient to keep price escalation at bay. But with the detached segment picking up steam heading into the full swing of spring, it may only be a matter of time until the multi-family segments follow suit, which would slowly draw down standing inventory levels unless a surge of sellers come to market with their properties. We’ll be watching the next few months of data closely to see if pent-up demand re-enters the market heading into summer.”

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,098,000. This represents a 6.9 per cent decrease over April 2025 and a 0.6 per cent decrease compared to March 2026.

Sales of detached homes in April 2026 reached 659, a 14 per cent increase from the 578 detached sales recorded in April 2025. The benchmark price for a detached home is $1,840,700. This represents an 8.3 per cent decrease from April 2025 and a 0.8 per cent decrease compared to March 2026.

 Sales of apartment homes reached 1,009 in April 2026, a 10.7 per cent decrease compared to the 1,130 sales in April 2025. The benchmark price of an apartment home is $703,000. This represents a 7.9 per cent decrease from April 2025 and a 0.5 per cent decrease compared to March 2026.

 Attached home sales in April 2026 totalled 433, a two per cent decrease compared to the 442 sales in April 2025. The benchmark price of a townhouse is $1,043,400. This represents a 5.1 per cent decrease from April 2025 and a 0.4 per cent decrease compared to March 2026.

Call Sarah Toigo & Associates today to discuss what this means for you.

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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.