The Diligent Diva

04/05/2026

10/29/2025

📉 Big news for Canada’s economy! 🇨🇦
Today the Bank of Canada trimmed its key overnight rate by 0.25 % (25 basis points), responding to signs of a cooling economy and giving borrowers a bit of relief. 

Why it matters
✔ Mortgage & variable-rate loan holders: Lower rates could mean smaller payments ahead.
✔ Businesses: Cheaper borrowing may help investment or expansion.
✔ The economy: The move signals caution — the Bank sees more slack and downside risk in the labour market and growth outlook. 

Heads-up
This isn’t a free pass — inflation and trade risks are still on the radar. The Bank is being careful about future cuts. 

Bottom line
A welcome sigh of relief for those paying interest-sensitive rates. Keep an eye on how your lender reacts and how this ripple flows through mortgages, loans and savings.

rates

10/21/2025

10/18/2025

This could be Yours🎉. Rain or shine, come check it out!

10/13/2025

🍂 Happy Thanksgiving! 🧡

As we gather with friends and family this weekend, we want to take a moment to say how truly grateful we are for the incredible clients, partners, and community we get to work with every day.

Whether we have helped you find your first home, your forever home, or simply answered a question along the way — thank you for trusting us with such an important part of your life.

🏡 This business is about more than real estate — it’s about people, relationships, and the place we all call home. And for that, we are thankful.

Wishing you a warm and joyful Thanksgiving filled with good food, great company, and lasting memories. 🦃✨

10/03/2025

🍁 Fraser Valley Market Update – September 2025

The fall market is here, and the Fraser Valley is still leaning in favour of buyers. Prices continued to ease in September, but at the same time, we saw a small bump in sales as some buyers stepped back in — a sign of renewed confidence.

📊 Market Snapshot:

🏠 Home Prices: Down 1% from August, with the typical home at $926,300 (about 5% less than last year).
📈 Sales: 962 homes sold — up 3% from August, though still below the 10-year average.
🗂 Inventory: Over 10,500 active listings — the highest in a decade — giving buyers plenty of choice.
⏱ Days on Market: Homes are selling in just over a month on average.
💡 By Property Type:

Detached homes: $1,420,000
Townhomes: $795,600
Condos: $510,400

✨ What This Means for You:

Buyers: More inventory, less competition, and softening prices make this a great time to explore your options.
Sellers: Pricing strategically and highlighting your home’s best features is key — buyers are active, but they have choices.

📞 Ready to Make a Move?

Curious what your home is worth in today’s market? Thinking about buying while conditions are favourable? Let’s chat and explore how you can make the most of this!

Joanne Sawada - Realtor
The Michelle Perreault Real Estate Group
Stonehaus Realty Corp
778-548-7655

09/17/2025

The Bank of Canada cut its benchmark interest rate a quarter point to 2.5 per cent, as concern over weaker economic growth outweighed lingering worries over inflation. Governor Tiff Macklem offered no guidance over what he might do next, stressing the uncertainty of a situation in which tariffs are both raising costs and killing demand.
📍Next Bank of Canada rate announcement is Oct29/25

09/10/2025

Fraser Valley Market Update – September 2025

As we head into fall, the Fraser Valley housing market continues to lean strongly in favour of buyers.

📍What’s Happening in the Market?
• Home sales slowed: Just 931 sales took place in August, down 22% from July.
• Lots of choice for buyers: Over 10,400 homes are currently on the market, giving buyers more time and leverage in negotiations.
• Prices are softening:
• Detached homes: $1,436,800 (down 1% from July, 5.7% lower than last year)
• Townhomes: $807,800 (down 0.9% from July, 4.5% lower than last year)
• Condos: $514,100 (down 1% from July, 5.9% lower than last year)

📍What This Means for You
• For Buyers:
Conditions are ideal — more homes to choose from, lower prices, and sellers who may be more motivated. If you’ve been waiting, this fall could be a great opportunity.
• For Sellers:
Homes are still selling, but on average it’s taking 32–41 days. Pricing strategically and presenting your home well will make all the difference in attracting serious buyers.

📍The Bottom Line

The Fraser Valley is firmly in a buyer’s market right now. Whether you’re thinking about moving up, downsizing, or getting into the market for the first time, it’s important to have the right strategy in place.

Call or text 778-549-7655 to discuss your real estate needs!

08/24/2025

If you want to keep up to date with the real estate market, I would suggest you reach out to me to receive this Newsletter on a monthly basis!!

08/08/2025

📍 Save the Date : AUGUST 10/25. Noon - 2pm 📍
OPEN HOUSE - Fleetwood Gardens - Adult Oriented 55+ Complex! See you Sunday!