Greater Victoria and Vancouver Island Area Real Estate News & Market Trends

You’ll find our blog to be a wealth of information, covering everything from local market statistics and home values to community happenings. That’s because we care about the community and want to help you find your place in it. Please reach out if you have any questions at all. We’d love to talk with you!

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Current Market Stats from the Victoria Real Estate Board

Feb. 4, 2023

Victoria Market Statistics Update, Sell Your Home Faster, High Borrowing Costs, Pitfalls of New Builds, Kitchen Renos, Limited Supply & More

A slow start to the year may not foretell the future for the Victoria housing market

February 1, 2023  A total of 278 properties sold in the Victoria Real Estate Board region this January, 41.4 per cent fewer than the 474 properties sold in January 2022 and a 13.1 per cent decrease from December 2022. Sales of condominiums were down 46.3 per cent from January 2022 with 101 units sold. Sales of single family homes decreased 33 per cent from January 2022 with 120 sold.

"If you're looking at the statistics, this January was one of the slowest we've seen on record," says 2023 Victoria Real Estate Board Chair Graden Sol. "However, we did see a mid-month surge in activity as buyers seemed to regain confidence after the rapid interest rate increases of last year. It may be that consumers are moving past the market shock of the rate increases and economic uncertainty and that our market is regaining its equilibrium. What the data doesn't show is the optimism that many of our REALTOR® members are noting from their buyers and sellers, who remain active viewing homes and making offers. Interest rates, continued low inventory and the greater economic situation in our area will determine what our early spring market will look like."


6 Undisputed Ways to Make your Home Sell Faster

There are few certainties in this world, but there are surefire ways to sell your property faster regardless of market conditions. These strategies have been proven time and time again. So, if you’re thinking of selling this year, take a good look at these recommendations:

1. Clean and tidy up. Making your home “guest ready” is the easiest way to ensure buyers are impressed during a viewing.

2. Declutter. The more spacious your home looks, the more impressive it will be to buyers. You can box items and give them away, sell them or put them in storage.

3. Price it right. Deciding on the right listing price is crucial. If it’s too high, you’ll discourage otherwise qualified buyers from seeing your home. If it’s too low, you might send the wrong message to the marketplace.

4. Optimize curb appeal. The better your home looks from the street, the more buyers will become interested. Curb appeal is important because it’s the first impression a buyer makes, and that impression lasts. 

5. Stage your home. You don’t necessarily need to replace all the furniture. However, studies consistently confirm that a well-staged home sells significantly faster than a comparable un-staged property.

6. Leverage the latest marketing and selling tactics. You want the marketing of your home to bring in the most qualified and interested buyers. You then want sales strategies that turn those buyers into offers and negotiation skills to turn the right offer into a sale.

Keep these proven strategies in mind when putting your home up for sale.


Scams Are on the Rise

The more consumers increase their use of online shopping using a variety of sites and payment methods, the more susceptible they become to fraud, including false threats or enticements from scammers posing as retail, bank and credit card companies.

With personal profiles being shared more frequently, it stands to reason that hackers will gain increased access to email addresses and other contact information. In addition, the scammers’ methods of “phishing” for personal information has become increasingly sophisticated, with correspondence that is often difficult to distinguish from legitimate business communications.

Disguised as a legitimate business or bank, they can send phony alerts that act like an electronic Trojan horse. The consumer is tricked into divulging additional more sensitive data such as an account number or a password. We all need to be wary of any unexpected emails and phone messages that may implore us to act on impulse by clicking or replying. Always ensure you are not giving away personal information to criminals.

Financial Post

Here's what will convince the Bank of Canada to hold the line on rates

Many Canadians breathed a sigh of relief when the Bank of Canada signalled at its last interest rate meeting on Jan. 25 that it would likely pause further hikes to assess whether it had done enough to quell inflation.  So far, the bank has raised rates 425 basis points — a historic run in speed and trajectory — to 4.5 per cent from 0.25 per cent in March 2022.

Canadian Mortgage Professional

High borrowing costs impacting many homeowners' reno plans: report

Interest rate hikes look like they may have ended for now – but the steep rate jumps witnessed over the past year appear to have significantly tempered many Canadians’ enthusiasm to renovate their homes.

Real Estate Magazine – Helping your clients understand the legal pitfalls of new builds

National Post – HOLMES: Kitchen renos are big jobs

Globe and Mail – Why limited supply wasn’t the main culprit behind high house prices

Globe and Mail – The bonfire of the speculators: What caused an abrupt down-shifting in the preconstruction assignment market?

Globe and Mail – MCLISTER: Lock in your mortgage if you can’t afford to gamble, but cuts may be coming

Canadian Mortgage Professional – How far should the Canadian home price correction go?

Canadian Mortgage Professional – Did the Bank of Canada mislead borrowers on low interest rates?

Canadian Mortgage Professional – What factors will have the greatest influence on the BoC rate moving

Storeys – Greater Vancouver home sales fall 43% below 10-year average

Vancouver Sun – January home sales down 55% from year earlier, 21% from Dec: Vancouver board

CBC B.C. – January home sales down 55% from year earlier, 21% from December: REBGV

Victoria Times Colonist – Greater Victoria real estate market limps into 2023

The Tyee – When will rents come down?

Business in Vancouver – Residential real estate sales, prices to follow 2022 trend: REBGV forecast


Notable, Quotable, Quotes!

“Patience, persistence, and perspiration make an unbeatable combination for success.”
Napoleon Hill

Imagine you’re chatting with your neighbours, and they ask, “Hey, do you happen to know a good dentist?”

How would you respond?

Well, you wouldn’t recommend just anyone, would you? Instead, you’d probably only recommend a dentist worthy of that recommendation… someone who is good at what they do and consistently provides great service.

In other words, someone who is referral-worthy.

That word – referral-worthy – is very important in my business. It describes the kind of real estate agent I strive to be.

It’s why I work so hard for my clients, helping them sell their properties successfully, while working with them to find their dream homes.

It’s also why I continue to stay in touch with clients, and make sure I’m always “there” for them when they have questions or need advice.

I hope you feel that qualifies me as referral-worthy! If so, please pass my name along to anyone who may be looking for an excellent real estate agent. I’d really appreciate it!


Best regards,

Diana Winger Personal Real Estate Corporation | eXp Realty

CNE, SRS, SRES, ABR | 250-588-8839

On Your Team!

Jan. 27, 2023

Good Reasons to Consider Selling your Home, Rental Costs Rising, Another Interest Rate Hike, 2 Downtown Condo Listings Just Hit the Market & Development Acreage Opportunity in Cowichan Bay

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Be Prepared for Power Failures

We are all vulnerable to unexpected power disruptions, but with a few advance preparations, potential inconveniences and dangers can be avoided or at least minimized.

As a starting point, every home should have emergency supplies that include basics such as candles and matches, flashlight(s) and fresh batteries, a first-aid kit, and at least one large jug of fresh water.

If possible, it is advisable to have an even more extensive emergency kit. Consider keeping a stock of dried foods and/or canned goods, all-weather emergency blankets, waterproof clothing and footwear, as well as cash for consumables such as fuel and food supplies.

Anyone requiring medications should always renew them before running too low to ensure sufficient supply. Likewise, all battery-powered devices should be kept charged – including computers, cell phones and mobility vehicles.

For some, the inconveniences of a power-outage outweigh the cost of installing a gas-powered generator. Whether you’re ready to incur that expense or simply plan to stock up on supplies, it’s always wise to take steps that will see you and your loved ones through a power failure.

Many local fire departments offer homeowners free tips and even in-home advice and inspections at no cost. Contact your fire department and ask about programs available to you.


4 Good Reasons to Consider Selling your Home

Why do people decide to move? 

Unless it’s a requirement, such as a job relocation, the research tells us that you, like many homeowners, may decide to sell at some point for one or more of the following reasons:

• Your home is no longer a good fit. You may have outgrown your current home and need something bigger, maybe with an additional bedroom. Or, the opposite may be true. You may want to downsize into something smaller – and cash in some of the home equity you’ve built up.

• You’ve got your eye on a different neighbourhood. Have you ever driven through an area and thought, “I’d love to live here”? You may think that it’s out-of-reach for you at this time. Is it? You never know until you work the numbers. You might, in fact, qualify for a home in that neighbourhood today!

• You want to be closer to something. Many homeowners would love to live closer to work, family, favourite hobbies, the country, etc. Moving to a home that’s near to one of those “somethings” can have a positive impact on your lifestyle.

• It’s time for a change. Sometimes a homeowner just wants a change: new surroundings, a fresh start. Who says you need a “practical” reason to sell? If you’re looking to get into a new home just because you feel like it, that’s your choice. In fact, that may be the best reason of all to sell. You may simply want to move.

Do any of these reasons resonate for you? If so, now is the time to start preparing. Even if you don’t anticipate moving for several

Solomon Burke ~ Cry To Me

Financial Post

Canadians are dealing with inflation by fight, flight or just freezing

Inflation is fuelling anger, fear and helplessness among Canadians and they’re responding to it through fight, flight or just freezing, according to a new study by Empathy Inc.

Rent increased more than 18% last year for new tenants, new numbers show

A surge in demand pushed Canada's rental market to its tightest level in two decades last year, with the vacancy rate in purpose-built apartments dipping below two per cent and rent for new tenants going up by 18 per cent. Those were some of the main takeaways from the Canada Mortgage and Housing Corporation's annual report on the state of Canada's rental market.

Bank of Canada comments offer light at the end of the tunnel for real estate, mortgage markets, experts say

Canada’s struggling real estate sector is breathing a sigh of relief, but it wasn’t so much the size of the Bank of Canada’s Jan. 25 rate hike as the language that came with it that was cause for optimism.

Real Estate Magazine – Vacancy rate for purpose-built rentals hits two-decade low

Financial Post – Canada's rental vacancy rate falls to two-decade low

Financial Post – CHOI: 6 options for when you can't afford your mortgage

Financial Post – VIDEO: Mortgage renewals put homeowners in 'precarious position'

Globe and Mail – There are fewer apartments available to rent in Canada than at any time since 2001

Globe and Mail – MCLISTER: Should mortgage holders break with their variable rate mortgages after Bank of Canada pause?

Storeys – These are Canada’s most expensive real estate markets right now

Canadian Mortgage Professional – Is Canada's housing market finally set to stabilize?

Canadian Mortgage Professional – Home prices to continue falling as rates rise once again

Canadian Mortgage Professional – How will the latest rate hike impact mortgage costs?

Victoria Times Colonist – Rent rose by one third for Greater Victoria apartments changing hands last year: CMHC

CBC B.C. – Rents in B.C. continue to be highest in the country, says yearly federal report

CBC B.C. – Former Victoria mayor appointed B.C.'s special adviser on housing


Notable, Quotable, Quotes!

“If we have the attitude that it is going to be a great day, it usually is.
Catherine Pulsifer

“Empty pockets never held anyone back. Only empty heads and empty hearts can do that.”
Norman Vincent Peale

I hope 2023 has been off to a great start for you!

If you have any big plans for the year, you might be interested in this famous quote by Benjamin Franklin, “If you fail to plan, you plan to fail.”

I would add, “Plan early.” We know that the sooner you get started, the more likely you are to ultimately succeed.

Say, for example, you’re thinking of selling your home this year. Even if you don’t expect to list until the summer or fall, there are numerous advantages to starting to plan now.

Wouldn’t it be helpful to know how much your current property is worth right now, how much you can invest in a new home, what the selling process will be like, etc.? That information would eliminate much of the uncertainty and help you move forward with more confidence.

By the way, I’m here to help whenever you have questions or need advice that’s real estate-related. Even if you need a contractor recommendation, I can help. Feel free to reach out to me anytime.

Best regards,

Diana Winger Personal Real Estate Corporation | eXp Realty


Mortgage Agent | Dominion Lending Centres 


Jan. 20, 2023

2023 Housing Prices Looking Better, Short-Term Mortgages, Stress Test, Cell Service Coming to Sooke & Port Renfrew, Fire Safety and Getting an Early Start on Selling Your Home.

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Fire Safety Checks You Should Do at Least Once a Year

Chances are, you know that you should change the batteries in your smoke detectors at least once a year — even if you suspect the batteries are still good.

But that isn’t the only fire safety check you should do annually. Here are some other recommended tips to help keep you and your family safe.

Clean your stove burners and oven regularly. Hard grease build-up can become combustible.

Check your cupboard for cleaning products, paints and other liquids that are flammable. Read each label carefully. Use and store each product only as recommended.

If you keep a fire extinguisher in your kitchen — and you should — confirm that it is still good. Extinguishers are like food. They have expiry dates!

Go over your fire escape plan with your family. Make sure everyone knows exactly what to do if a smoke detector goes off or if there’s a fire.

Check that all windows open easily, especially upper floor windows.

Check appliances you use often, such as hair dryers, for worn or frayed cords.

Regularly clear away lint build-up in the clothes dryer. Check the outside dryer vent annually to make sure it’s clear and working correctly.

If you have a wood-burning fireplace or stove, get it cleaned and inspected by a licensed technician once a year.

Many local fire departments offer homeowners free tips and even in-home advice and inspections at no cost. Contact your fire department and ask about programs available to you.


Getting an Early Start on Selling your Home

You’ve probably heard the expression, “The early-bird gets the worm.” It refers, of course, to those who get in early and reap the rewards.

For example, if you arrive early to a retail store for a big blowout sale, you’re likely to get the deals before the inventory runs out. The stragglers who come later will miss out.

Well, this same wisdom can be applied to selling your home. Starting the process early — even if that means simply doing some initial planning — gives you the edge in several ways.

First of all, you get extra time for preparation. That means you can get your home cleaned, uncluttered and staged without feeling rushed. You also get more time to find out how much your property will likely sell for on today’s market. That’s important information, especially if you’re also looking to finance a new home.


Secondly, there’s less stress. You’ll have more time to make the right decisions. The last thing you want is to be scrambling around, last minute, trying to get your home ready for sale.


Finally, with your initial preparations done, you’ll be able to put your home on the market at a moment’s notice. That’s a huge advantage that’s likely to lead to selling your property more quickly and for the best price. In fact, by getting an early start on the process, you might even find that this is the best time to list — and you’ll be able to do so, with confidence.

Financial Post - HAIDER & MORANIS: Housing prices have been declining, but 2022 wasn't catastrophic and 2023 is looking better - Most pundits believe the long-term outlook for housing is positive, but any kind of consensus on the short-term future of housing markets is lacking, with some believing that prices will continue to fall this year while others see a turnaround once interest rates stabilize.

Financial Post – 'Much worse before it gets better': Why there's no quick fix to Canada's housing supply woes

Globe and Mail – MCLISTER: Does a short-term mortgage still make sense?

Toronto Star – BoC expected to deliver eighth consecutive rate hike, but it’s probably the last one

Livabl – Home sales in Canada slowly inching back up, national inventory at pre-pandemic levels

Cheaper housing and a bustling job market are leading more people to Alberta

For Brooke King, moving to Calgary, Alta. with her family allowed her to achieve her dream of homeownership and a better work-life balance. “I can’t put a price on the time that we have now that we didn’t have in Toronto,” says King, a 39-year-old digital product manager who moved to Alberta in 2018.

CMP - What’s next for the mortgage stress test? The mortgage qualifying rate, always a hot-button topic in the mortgage industry, is set to remain a prominent discussion point this year with Canada’s banking regulator weighing up new measures to complement the current stress test.

Real Estate Magazine – Canada's housing market: 2023 and beyond

Victoria Times Colonist – Cell service between Sooke and Port Renfrew expected by April

Victoria Times Colonist – No injuries as slide forces evacuation of two Campbell River condo buildings



The Best Vegan Chili

Notable, Quotable, Quotes!

“Life is like riding a bicycle. To keep your balance, you must keep moving.”
Albert Einstein

“The indispensable first step to getting the things you want out of life is this: Decide what you want.”
Ben Stein



With all the news about interest rates, housing sales, and forecasts, you might think that the real estate market is a bewildering place. In some ways, you’d be right! The market is certainly active. There’s a lot going on.

But, it would be a mistake to let all that noise discourage you from making a move. If the timing is right, and you’re ready to upsize or downsize - or simply move to a neighbourhood that better suits the lifestyle you want - you should at least get the information you need to make the best decision.

I can help.

As your real estate professional, I’m always available to help. I can fill you in on what’s happening in the local market, help you determine what kind of new home you are qualified to purchase, and give you a clear idea of the properties currently available.

You don’t have to try to figure this stuff out on your own!

Even if you’re just at the “thinking about it” stage, I recommend getting the information you need now. That way, you’ll be prepared to make the best decision when you’re ready.

Best regards,

Diana Winger Personal Real Estate Corporation | eXp Realty


Mortgage Agent | Dominion Lending Centres 


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Jan. 11, 2023

Rate Decrease, Federal Foreign Buyers Ban is in Effect, Housing Market, Parking Minimums, Kitchen Trends, Lighting Matters & Repairs Before Listing?

Listing Before a Repair or Fix-Up is Done?

If you’re thinking of selling your home, you may have walked through it and discovered that you’ve been ignoring work that needs to be done to make your home look its best. For example, you may have been living with a cracked floor tile that needs to be fixed, or a damaged closet door that requires replacement.

Is it a good idea to get these maintenance issues dealt with before you list? Typically, yes. You want your home to show well. Anything unsightly or concerning will get noticed by buyers.

Fortunately, investing the time and money to get the work done will pay off. It will help you sell your home faster and for a good price.

However, there may be circumstances in which you need to list before repairs and other improvements are completed. For example, if you need to sell within the next few weeks, you may simply not have enough time. In that case, there are a couple of options. Either you can arrange for the work to be done and let buyers know that it’s been scheduled; or, you can let buyers know about the issues and let them know you’re selling as is.


Lighting Matters when Selling your Home

Remember the last time you were in a furniture store or other major home retailer? Remember the fully decorated displays of furniture, appliances and other products? Some of those may have even been organized as model rooms.

What did most of those displays have in common?

Chances are, they were well lit.

In fact, in the retail industry, there are professionals who specialize exclusively in display lighting. It plays such an important role in showcasing and selling home products successfully that the stores are willing to absorb the expense.

The same holds true for your home.

If you want to show your home well, and sell it quickly and for the best price, make sure every room is well lit.

There are probably some rooms in your home where the lighting is adequate, such as the kitchen and bathrooms, and perhaps the foyer. But there are other areas where the lighting may be mediocre. Take a close look at:

  • Closets
  • Storage areas
  • Bedrooms
  • Laundry rooms
  • Hallways
  • The garage

If there are areas in your home that are dark or shadowy, the solution may be as simple as installing higher wattage bulbs, provided your fixture can accommodate them. Keep in mind that brightness can vary significantly from one type of bulb to another. Your goal is to make the room feel bright yet comfortable on the eyes.

Also, don’t forget to open drapes and blinds. Often the best and most pleasant source of light for a room is the sun shining through a window.

Want more tips on showing your home well? Call today.


Financial Post - Housing market bottom is within sight, TD says

Declines in home prices and sales are expected to bottom out in the first few months of 2023, Rish Sondhi, a TD economist, said in a note to clients. The floor will coincide with a pause in Bank of Canada interest rate increases, which TD thinks will happen after one more hike in January. - 8 Kitchen Trends to Watch for in 2023

CBA/ABC National – Who can buy a home in Canada?

Globe and Mail – Canada will see weakest level of homes sales this year since 2001, TD report forecasts

Storeys – Peak to trough: Canadian home prices expected to bottom out at -21% in early 2023

Bank CEOs weigh in on “vulnerable” mortgage clients (Canadian Mortgage Trends) 

Is it risky business when buying a foreclosure that’s half complete? (Global News) 

Housing market bottom is within sight, TD says (Financial Post) 

How a REALTOR® prices your home

CBC B.C. - Federal tax credit for multi-generational home renovations good start but not enough, experts say.  Morie Ford and her husband have been 'empty nesters' for the past 15 years. But that changed last month when their daughter and her partner moved into their newly constructed laneway house. Ford says the rising cost of living and the unaffordable housing market has spurred many, like her daughter, to move back home.

Real Estate Magazine – The battle of housing costs: Owning vs. renting

National Post – Gas stoves may be banned in U.S. amid health concerns, links to childhood asthma

Toronto Star – Tens of thousands of Canadians could default on mortgages due to rising rates, bank CEOs say

Federal Foreign Buyers Ban is in Effect

Keyspire - Increasing Rent Without Renovations

Storeys – Victoria may axe parking minimums, urge conversions to boost housing supply

Josh Groban - You Raise Me Up (Official Music Video) | Warner Vault

Notable, Quotable, Quotes!

“You don’t have to be great to start, but you have to start to be great.”

Zig Ziglar

If you’re like most people, you’re excited about the new year ahead. After all, the last couple of years have been challenging for many — to say the least. This month, January, seems like a brand-new beginning!

In that vein, I hope you have a wonderful year. And, I want you to know that I’ll continue to be a resource for you for anything real estate-related.

For example, if you have any questions about the market (which can seem crazy at times), please give me a call. I have the latest data and can provide you with the answers and insights you need. Remember, your local market may be very different than the general real estate news you find online.

I can also help with recommendations.

For example, if you’re getting any work done around the home this year, I may be able to suggest the name of a reputable contractor or other professional.

Just know, I’m here for you whenever you need real estate-related information, advice or help.

Best regards,

Diana Winger Personal Real Estate Corporation | eXp Realty


Mortgage Agent | Dominion Lending Centres 


Jan. 4, 2023

Happy New Year! What to expect from inflation, interest rates and the housing market in 2023. Does your Home Still Match your Lifestyle? Synthetic and Composite Countertops & More

The 2022 Victoria Real Estate Market Year in Review

January 3, 2023  A total of 320 properties sold in the Victoria Real Estate Board region this December, 26.9 per cent fewer than the 438 properties sold in December 2021 and a 16.7 per cent decrease from November 2022. Sales of condominiums were down 38.2 per cent from December 2021 with 94 units sold. Sales of single family homes decreased 24.6 per cent from December 2021 with 156 sold.

A grand total of 6,804 properties sold over the course of 2022, 32.3 per cent fewer than the 10,052 that sold in 2021. 2022 sales came closest to 2014's sales year when 6,698 properties were sold.

"We began the year with record low inventory, 


Does your Home Still Match your Lifestyle?

When you purchased your current home, chances are it was a good match for your lifestyle. It had the space you needed, the features you wanted, and a location that worked for you.

But for most people, lifestyle and needs evolve through the years. Kids get older. Jobs or careers change. People take on new hobbies and other interests.

As a result, the home that was ideal a few years ago may not fit with your current lifestyle.

That doesn’t necessarily mean you need to shop for a new home! However, it may mean that it’s worth taking a look at the market and seeing what’s possible.

Think about the kind of home that would support your lifestyle today. Ask questions like:

  • How many bedrooms do we need?
  • How easy is it to travel to work each day?
  • What special features do we want in our home? (Big backyard? Rec room? Quiet neighbourhood?)
  • What do we want nearby? (School? Playground? Walking and biking trails? Shopping? Entertainment? Golf?)
  • What else does our home need in order to support our lifestyle?

After asking yourself some of these key questions, ask other family members for their opinions too.

You may, in fact, find that the property you have now is still ideal for your lifestyle.

If, however, your home is no longer a good fit, you have options. You can stay in your current home despite it no longer being ideal; you can make some changes (a renovation, perhaps); or, you can see what’s available in the housing market.

If you need help with any of these options, call today.


Synthetic and Composite Countertops

New countertops have always been a major contributor to kitchen makeovers, and the range of choices has never been greater. Beyond laminates and tile, or natural stone, wood and bamboo, some durable acrylics have become quite popular. 

But, there are also newer composite materials that offer advantages which might make them an ideal compromise between natural and synthetic countertops. Generically known as solid surface, engineered stone or quartz composite, they go by many different brand names, and have unique features not found in other surfaces.

For example, they tend to be harder and more durable and stain resistant than traditional countertops, because they are formed with a combination of natural materials and synthetic bonding compounds. The solid-surface types appear seamless, are made of about 2/3 mineral powders and 1/3 resin, and are available in a range of colours and designs that sometimes mimic nature (e.g., white marble). The quartz types are closer to 90% natural stone fragments with about 10% resin, so they are even harder by comparison, although the range of colour and design options is narrower. Nowadays, with so much to consider, it’s wise to consult a countertop expert about your material options and installation costs.

Financial Post - What to expect from inflation, interest rates and the housing market in 2023 - If Bank of Montreal economists are correct, Canadians may want to hold onto their wallets in 2023 because price pressures aren’t about to disappear just yet.

Real Estate Magazine – From 'stale' to sold: How to refresh an old listing

Financial Post – New to Canada? Here's where to find the financial literacy resources to thrive

Financial Post – Canadians are putting off big purchases as prices climb

National Post – Canada welcomes record number of new immigrants in 2022

Storeys – What to expect from Canadian real estate in 2023

CNN - Canada is banning some foreigners from buying property after home prices surged - A new Canadian law took effect January 1 that essentially bans foreign buyers from buying residential properties as investments for two years.

CBC News – New year, new taxes: how taxation changes in 2023 could affect you

CBC News – Will Canada's ban on foreign homebuyers make houses more affordable? Some experts have doubts

CBC B.C. - B.C. becomes first province to require 3-day cooling-off period for homebuyers - British Columbia has become the first province to require a three-day cooling-off period for buyers after they've signed an agreement to purchase a home. The government said the new homebuyer protection period is designed to give purchasers more time to arrange financing or home inspections after a deal has been accepted.

Victoria Times Colonist – Island property assessments rise up to 20%; Colwood, Highlands see biggest jump in capital region

Victoria Times Colonist – Real-estate sales drop as rising inflation discourages buyers

Vancouver Sun – Experts say foreign-buyer ban won't bite B.C. real estate prices

Burrito Bowl (Better than Chipotle!)

Notable, Quotable, Quotes!

“Sometimes it is the quiet observer who sees the most.”
Kathryn L. Nelson

“Concentration comes out of a combination of confidence and hunger.”
Arnold Palmer

If you needed advice regarding your investments, taxes, or even a plumbing issue, what would you do?

Your first instinct might be to do a Google search. That’s quick and easy. But, the problem is, Google doesn’t know you or your situation.

A much better idea would be to reach out to a trusted advisor, accountant, or plumber. You’d be connecting with someone who cares and who could provide information and advice specific to your situation.

Why do I bring this up?

When you have important questions about your home and the real estate scene, I invite you to contact me.

As you can imagine, as a real estate professional, I have the latest data and insights. I can provide you with the best answers applicable to your situation.

And, most importantly, I care! Whether you’re simply asking a question about the local housing market, or want more in-depth advice and recommendations, I will always work in your best interests.

Reach out to me anytime!

Best regards,

Diana Winger Personal Real Estate Corporation | eXp Realty

CNE, SRS, SRES, ABR | 250-588-8839

On Your Team!

Dec. 17, 2022

Helping Homeowners and Buyers Navigate New Federal Tax Changes, What Consumers Need to Know Video, Re-energize, Showcase and Leverage.

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5 Ways to Re-Energize in Just 5 Minutes

December tends to be a busy month for most people. It’s all-too-easy to feel drained and even burned-out. Unfortunately, you may not have the luxury of time to relax with a good book or go to a yoga class. So, with that in mind, here are some proven ways to quickly unwind and boost your energy:
  1. Take a short walk. Scientists say your body will often de-stress significantly after just a 12-minute stroll.
  2. Drink a glass of water. Dehydration, which can come on without you realizing it, can quickly lead to fatigue and tension.
  3. Do something completely different. Often, if you completely remove yourself from a situation or activity, even for just a few minutes, you’ll come back feeling better. So, take a moment for yourself!
  4. Breathe and stretch. It’s almost impossible to feel tense after a few deep breaths and some stretching exercises. In fact, that’s where the urge to yawn and stretch comes from. It’s your body’s way of boosting energy!
  5. Write it down. If you’re worried or frustrated about something, writing it down will feel like deflating that balloon of stress. Taking it off your shoulders and onto paper will put the concern into perspective. 

Try one of these tips the next time you feel overwhelmed.

Showcase your Home With the Right Lighting

The top retail store chains invest heavily in creating just the right lighting to make their products look great. Why? They know that lighting makes a measureable difference to sales.

The same is true when you sell your home. Lighting can make a big difference in the impression your home has on buyers.

There are two types of light sources, manufactured and natural. You need to consider both when staging your home for sale.

Think about the mood you want to create in each room. For example, you might want the kitchen to seem bright and alive. If yours isn’t quite like that, check whether you are using the highest wattage light bulbs suitable for your fixtures. Also, look for ways to bring in more sunshine. Switching curtains for blinds might do the trick.

In the living room, you might want a cozier feel. That can be accomplished by using lamps that cast a softer and gentler light than more imposing overhead fixtures.

Pay particular attention to dimly lit rooms in your home, including nooks and crannies. Even adding small track lighting to a pantry cupboard can make the space seem brighter and more inviting. Check that lighting is adequate in the garage and walk-in closets too.

Finally, make sure all lights in your home work during viewings. Have spare bulbs available in case one burns out. You don’t want a buyer to try to turn on a light and discover it’s not working.

Home Buyer Rescission Period: What Consumers Need to Know Video 

Helping Homeowners and Buyers Navigate New Federal Tax Changes - Multigenerational Home Renovation Tax Credit - Residential Property Flipping Rule

Canada’s new Underused Housing Tax Act

Canada’s housing market falls deeper into correction with prices down 11.5% from peak (Financial Post) 

Canadian Home Prices Fell For the Ninth Consecutive Month

Storeys – No changes coming to mortgage stress test, OFSI announces

Canadian Mortgage Professional – How strong was Canadian home sales activity last month?

CBC News – Average rents in Canada soar above $2K for first time ever, new data suggests

Leverage the Power of “Done” to Achieve Goals

During a marathon, organizers typically set up signs along the route to indicate distances completed. For example, one might say, “You’ve just finished 4K!” They do that for two reasons: to let runners know where they are; and, to motivate them.

Why are these signs motivational? They give runners an ongoing sense of accomplishment. The runners have “finished” a certain section of the marathon. They’ve reached a milestone. That part is done! As a result, they feel inspired to continue on.

You may feel the same way when you finish a project or task. Energized!

You can use this phenomenon to help you reach your 2023 goals. If you have a big goal, you can divide it into specific milestones that will give you that motivating sense of completion. Say, for example, you want to lose weight. Your milestones might include:

Make a nutritional eating plan.

Find a weight loss buddy to share the journey.

Lose your first 5 pounds.

As you check off each milestone, you’ll become motivated to take on the next. Give this technique a try in the new year!

Outrageously Good Spinach Artichoke Dip

Notable, Quotable, Quotes!

“If plan ‘A’ doesn’t work, the alphabet has 25 more letters.”

Claire Cook


“Experience is one thing you can’t get for nothing.”

Oscar Wilde


A lot of people look forward to the new year because it’s like starting a new chapter in a book. You’re about to finish one chapter and — on New Year’s Day — you’ll be eager to begin another. Looking at it another way, that new chapter is full of blank pages – ready for you to write your own story.

In fact, you may have several hopes and dreams for 2023 and maybe some ambitious goals, too. Whatever your plans, I want you to know that you can reach out to me anytime you need real estate advice or help.

I’ll also continue to keep you up-to-date on the latest real estate news and insights. So, anytime you have questions, contact me. I can get you the answers you need.

If we don’t get a chance to chat before the year’s end, let me take this opportunity to say,

“Season’s Greetings and best wishes to you and yours this holiday season. Thank you for the privilege of staying in touch with you. The blank pages of your 2023 chapter await. I hope you fill them with wonderful experiences!”

Best regards,

Diana Winger Personal Real Estate Corporation | eXp Realty

CNE, SRS, SRES, ABR | 250-588-8839


Dec. 9, 2022

Interest Rates Up Again, Strata Rental Restrictions, The Psychology of Clutter and Take Advantage of Year-End Savings Opportunities

The Psychology of Clutter

There’s an interesting psychological characteristic of clutter. We tend to notice it more in other people’s homes than in our own. In fact, we may not even realize a room in our house feels cluttered and uncomfortable to visitors.

That’s why making each room look neat and spacious is so important when you’re selling your property.

Although the task may seem daunting at first, decluttering is relatively easy to do.

The simplest technique is to box things. You’re going to move anyway, so boxing makes sense. You can store the boxes of items you’re keeping in your garage. If you have a lot of boxes, renting short-term storage is an option.

When decluttering, you’re bound to come across items you no longer need or want. You can create separate boxes for items to trash, donate, or sell online. Deal with these right away, so they’re not included in your stored boxes.

An uncluttered home shows dramatically better to buyers. When they see a cluttered space — even if it’s neatly organized — it creates a reason not to buy. So, declutter your way to a faster sale at a higher price!


Take Advantage of Year-End Savings Opportunities

Want to save money in 2023? There are many money-saving opportunities — including tax savings — that you can realize if you take action before the year ends. Here are just a few examples of what to consider:


Do you own a business? Even if it’s just a side-hustle to make extra money, you can save on taxes if you make planned purchases this month. For example, if you need a new printer, buy it in December. That way, you may be able to take a deduction this year.

Check your subscriptions. Many types of subscriptions — publications, online apps, memberships — automatically renew in December. If you subscribe to something you no longer want, cancel it this month. Otherwise, you might be stuck paying the renewal fee.

Review your investments. Sit down with your advisor and go over your investments and other savings. You may be able to take advantage of year-end opportunities. Also check for investments or financial instruments that may be set to automatically renew this month.

Watch for price hikes. It’s common for companies to raise prices at the beginning of a new year. Review your bills for announcements of fee increases. Some of those may be negotiable. You might also want to make other changes to reduce the impact.

Taking time this month to review expenses and investments could save you a bundle in 2023. It’s worth the effort!

The Bank of Canada raised its benchmark interest rate by 50 basis points, to 4.25 per cent. The move was widely expected by economists, who were anticipating a rate hike of either 25 or 50 points. Canada's central bank has raised its rate seven times this year in its fight to wrestle inflation into submission. In the process, the bank has taken its rate from 0.25 per cent to 4.25 per cent. 

CBC News - Bank of Canada raises rate again to 4.25% — but opens door to staying there

CBC News – How does increasing interest rates actually help curb inflation?

Financial Post – Mortgage rates to soar higher after latest interest rate increase, but end of hiking cycle in sight

Financial Post – Canada could become a nation of renters in the years ahead, RBC report says

Globe and Mail – Homebuyers in the driver’s seat

Storeys – Canadian housing markets ‘still squarely in correction mode’

Canadian Mortgage Trends - National Bank to bring back its mortgage portability feature this week 

BCFSA - BC Government Removes Age and Rental Restrictions to Strata Title Properties 

BCFSA - Home Buyer Rescission Period Information

Notable, Quotable, Quotes!


“The possibilities are numerous once we decide to act and not react.”

George Bernard Shaw


December is definitely the most popular month for making plans!

If you’re like most homeowners, you’re looking ahead to the new year with hopes and dreams — and perhaps even a few specific goals.

There are likely things you’d like to get done. You may have milestones you hope to reach and accomplishments you aim to attain.

Whatever your plans, I’ll be cheering you on!

But, I may be able to do even more than that.

Say, for example, you want to get some work done around the house. Maybe you have plans for a few improvements, or perhaps a bigger renovation. If that’s the case, give me a call. I may be able to recommend a good contractor.

And, of course, if you’re entertaining the idea of selling and finding your next dream home in 2023, I’m here to help. I can provide you with the market data and insights you need to make an informed decision. If you do decide to move, I can make that happen for you — smoothly and successfully.

So, keep me in mind when you’re making your plans for the new year. I’m a real estate resource you can tap into.

Have a wonderful week!

Best regards,

Diana Winger Personal Real Estate Corporation | eXp Realty

CNE, SRS, SRES, ABR | 250-588-8839


Dec. 2, 2022

BC Government Removes Age and Rental Restrictions to Strata Title Properties, Balanced Market and Listings, Sales and Avg. Prices are down

A total of 384 properties sold in the Victoria Real Estate Board region this November, 41.2 per cent fewer than the 653 properties sold in November 2021 and 20 per cent fewer than in October 2022. Sales of condominiums were down 42.4 per cent from November 2021 with 136 units sold. Sales of single family homes decreased 34.1 per cent from November 2021 with 182 sold.

“November saw a significant decrease from last year in the number of home sales recorded, but this was expected as the market continues to settle after the record setting pace of 2021,” says Victoria Real Estate Board President Karen Dinnie-Smyth. “With a small month over month decrease in price, the autumn market has returned to its traditional rhythm as we approach the holiday season. Inventory levels dipped slightly but remain well above this time last year, which is providing buyers with more options.”

There were 2,111 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of November 2022, a decrease of 3.7 per cent compared to the previous month of October but a 138 per cent increase from the 887 active listings for sale at the end of November 2021. READ MORE

BC Government Removes Age and Rental Restrictions to Strata Title Properties

On November 24, 2022, the BC Government passed amendments to the Strata Property Act which take immediate effect. There are two significant changes impacting REALTORS® dealing with strata properties, as well as their clients: 

• all rental restriction bylaws are removed, except for bylaws restricting short-term rentals such as Airbnb or Vrbo, and 

• all age restriction bylaws are removed, with the exception of “seniors only” (55-plus) rules. This means that a strata will no longer be allowed to have 19-plus age restrictions.  

BC’s real estate regulator, the BC Financial Services Authority, advises the following changes to licensees.  READ MORE 

Should You Reclaim the “Lost” Bedroom?

Do you have an extra bedroom that you’ve converted into a home office, arts and crafts room or other non-slumbering use? If so, you may be wondering if you should convert it back into a traditional bedroom before you list.

According to home staging experts, that may be a good idea.

Although buyers will know the space was designed as a bedroom, there will be a psychological response to seeing it used otherwise. For example, say potential buyers view a property with a master bedroom, a second bedroom, and a third bedroom converted into a child’s playroom. Logically, they’ll know it’s a three-bedroom home – but the impression that will form will be of “two bedrooms and a playroom”, not a “three bedroom home.” This is especially true if closet doors have been removed. They may even start wondering whether there is anywhere else for a child to play.

So, when you’re selling, consider changing the bedroom back to its original purpose. You don’t necessarily need to put in a bed and dresser (although for staging purposes, that would help.) Just make the bedroom look like a bedroom for showings.

Keep this in mind: It’s easier for buyers to imagine a bedroom as a potential home office, playroom, etc. than the other way around.

Condos edged higher, houses nudged lower in November as Victoria real-estate settled into winter slow-down (

Financial Post - Deteriorating housing affordability conjures the 1980s when real estate took a dive

Financial Post – Borrowers turning back to fixed rate mortgages as rates rise, discount on variable shrinks

BMO: No issues with mortgage renewals at this time (Canadian Mortgage Trends) 

Mortgage costs now eat 67% of income in Canada (Yahoo Finance Canada) 

Bank of Canada has room to stop hiking before U.S. Fed, survey shows (BNN Bloomberg) 

‘The days of easy money are dwindling:’ lenders will be cautious in 2023, says CBRE (Business in Vancouver) 

Livabl – How to save for a house

Financial Post – Why it's time for borrowers to accept the new normal of higher rates and plan accordingly

Globe and Mail – Pandemic, remote work changed Canadians’ commuting habits in 2021: StatsCan

Globe and Mail – Real estate industry braces for foreign buyer ban

Financial Post - HAIDER & MORANIS: Housing market shows signs of life, but it's too soon to celebrate a recovery

Keyspire - Comparing Contractor Quotes  

Does the Property Meet the “Lifestyle Test”

Lifestyle is a very important criterion when you’re shopping for a new home. After all, a home and its surrounding neighbourhood are the places where much of your lifestyle is going to be experienced.

So when you consider a new home, think about the kind of lifestyle to which the property needs to lend itself. Ask yourself:

  • How much entertaining do we do?
  • How important is it to have good schools located nearby?
  • How long will the commute to work be?
  • How big of a backyard do we require?
  • Do we need a rec room?
  • How easy will it be to get to golfing, dance lessons, baseball practices, movies and other activities my family and I enjoy?
  • How important is it to be in a quiet area?
  • Do we want a local park nearby for jogging, playing with the kids, and walking the dog?

This list is just an example. Ideally, you’ll create your own list of questions to ask yourself when considering a particular home and neighbourhood.

Notable, Quotable, Quotes!


“Life is different when we discover what is deeply important to us.”
Stephen Covey

Often, in old western movies, when the good guys were overwhelmed or in danger, the cavalry would come riding to the rescue.

It made for an exciting scene!

These days, you may never get into a situation where you need soldiers on horseback to help you. However, it can be all-too-easy to become overwhelmed with questions and concerns, particularly when it comes to real estate.

When that happens, rather than waiting for the cavalry to come galloping over the hill, you can call or email me.

I’m happy to “come to the rescue” and provide you with any answers or advice you need. In fact, I have access to the latest data on the local market, so you can always count on the insights and recommendations I provide to be current.

So, even if you’re merely curious about the local real estate scene — what’s available, prices, etc. — feel free to reach out to me anytime.

Best regards,

Diana Winger Personal Real Estate Corporation | eXp Realty

CNE, SRS, SRES, ABR | 250-588-8839

On Your Team!

Nov. 26, 2022

BC Home Buyer Rescission Period, BC Housing Ministry, Anti-Flipping Rules & more

One Hour Ideas for Boosting Curb Appeal

You’ve heard of the term “curb appeal”. It refers to the initial impression buyers get when they first see your property from the street. If the impression is a good one, it sets the right tone for the rest of the home viewing.

How do you boost curb appeal? Here are some proven ideas that you can get done in an hour or so:

  • Wash both the inside and outside of the front windows. You’ll be amazed at the difference that can make.
  • Sweep the walkway leading up to the front entrance. Add a new welcome mat. Also, wash down the front door.
  • If possible, remove cars from the driveway. Let buyers imagine their own cars parked there!
  • Mow the lawn. Lightly trim the hedges. Weed flower beds.
  • Remove anything from inside window sills that may look unsightly from the outside. Try putting a couple of flowering plants there instead.
  • Place any trash bins out-of-sight. For example, put them in the garage or neatly at the side of the house.
  • If the entrance door hardware is old and worn, change it. New hardware can make a bigger difference than you might think.
  • Make sure the outdoor lights are working, especially if you’re showing your home in the evening.
  • Add some flowering plants to flower beds, or buy a couple of portable potted plants and place them strategically.
  • Clean your mailbox. If it’s rusted, replace it.
  • If you have a power washer, give the walkway and driveway a quick blast. Just be sure it will be dry before the buyers arrive.

These one-hour improvements may seem minor, but anything that helps buyers form a more positive first impression of your home is worth the effort.

The Latest Options in Outdoor Lighting

Outdoor lighting has come a long way from the days of patio lanterns and strings of lightbulbs. These days, there’s an exhaustive array of options available to illuminate your outdoor space, and make it more appealing and comfortable, particularly in the evenings.

Here are just a few ideas:

Solar garden lights. These lights are on stakes that can be easily inserted throughout the garden. Powered by the sun, they generate enough energy to cast a soft, pleasant glow along walkways or in flower beds in the evenings.

Deck post lights. These are easy to install because they’re designed to sit on top of a standard 4x4 wood deck post. Most are solar powered.

Street-style lamps. As the name implies, these look similar to old-fashioned street lamps. Installation is a little more complex, but still DIY-friendly. They’re eye-catching and have a dramatic impact on the look of your outdoor space.

Portable lantern lights. These are outdoor lights that are portable and often made to look like a decorative fixture for a coffee table or side table. They can be placed anywhere.

LED walkway lights. These are small lights that fit neatly and almost invisibly under stairs and around walkways. Walkway lights not only look good but also improve safety. Most are battery powered.

Planter lights. This is one of the most interesting options. Each one is both a flower pot and a light in one! The pot itself is translucent which allows the light inside to shine through.

Design experts say you should treat your outdoor space as you would any room in your home. Lighting it up for evening comfort and enjoyment is a good place to start.

BCFSA - Home Buyer Rescission Period Information

Vancouver Sun – Cities across B.C. look to building more laneway and infill housing

CBC B.C. – Renters cautiously optimistic changes to B.C. housing rules will make life easier

Victoria Times Colonist – B.C. to create new stand-alone Housing Ministry

Victoria Times Colonist – Speculation and vacancy tax generating millions, is being expanded, government says

CBC B.C. – B.C. to create 1st minister to focus solely on housing crisis, says premier

CBC B.C. – Rental restrictions could increase speculation, create more work for strata councils, homeowners say

Financial Post - GOLOMBEK: The CRA is already challenging real estate transactions ahead of new anti-flipping rules

Canada’s new anti-flipping rules for residential real estate are scheduled to come into force on Jan. 1, 2023, and are designed to “reduce speculative demand in the market place and help to cool excessive price growth.”

Financial Post - Bank of Canada says higher interest rates still needed to tame inflation

Inflation in Canada remains too strong, and higher interest rates will be needed to cool the overheating economy, Bank of Canada Governor Tiff Macklem said in testimony at the House of Commons on Wednesday.  “Inflation has come down in recent months, but we have yet to see a generalized decline in price pressures,” Macklem said. “This tightening phase will draw to a close. We are getting closer, but we are not there yet.”

Financial Post – Banks seek workarounds to avoid mortgage default for struggling variable-rate borrowers

Financial Post – A severe doctor shortage in Canada is fast approaching, RBC report says

Globe and Mail – MCLISTER: An ominous warning portends mortgage rate relief – eventually

Storeys – As Ontario and B.C. home prices sink, these 4 provinces are becoming more expensive

Canadian Mortgage Professional – What will the impact of the current interest rate hikes be?

Canadian Mortgage Professional – How much have mortgage interest costs risen?

Keyspire - Finding Passive Appreciation 

Real Estate Magazine – How to make home inspections work for you

National Post – HOLMES: Keeping your family safe from harmful gas

Globe and Mail – Canadian house prices expected to tumble 17.5% peak to trough, analysts say

Canadian Mortgage Professional – How did average home prices shift across Canada's cities last month?

November Jazz Music

Notable, Quotable, Quotes!


“Try not to become a person of success, but rather a person of value.”
Albert Einstein

“A journey of a thousand miles must begin with a single step.”
Lao Tzu


In the days before the internet, when people were looking for a professional – a contractor, for example – they would often ask a friend or neighbour, “Do you know a good [insert profession]?”

Well, guess what? The same thing still happens today! It’s just done a little differently. These days, people often ask for recommendations online, such as on their community’s Facebook page.

However it’s done, the intention is obvious. People prefer to work with professionals who are recommended. That definitely includes real estate professionals.

In my business, I work hard to be the kind of trusted real estate professional that clients rely on to help sell their property, find their next home, and make the entire process go smoothly. In addition, I stay in touch long-term to be an ongoing resource of information and advice.

In fact, that’s one of the reasons I send you this informative e-newsletter.

So, if friends or neighbours ask for a real estate agent recommendation, I hope you’ll feel comfortable giving them my name. I’d really appreciate your support!


Best regards,

Diana Winger Personal Real Estate Corporation | eXp Realty

CNE, SRS, SRES, ABR | 250-588-8839


Nov. 17, 2022

Housing Starts Slowed, Rent going up, Questions to Ask Buying a Condo, Beginning of the End for Canada’s Housing Correction

Finding the List Price “Tipping Points” 

Setting the right list price for a home is a mystery for many sellers. How do you begin to determine what buyers are likely to pay for your property? After all, no two homes are exactly alike.

Yet, setting the right price is crucial. You need to avoid the two price “tipping points” that, if crossed, can cause you a lot of problems.

The first tipping point is a price that’s low enough for buyers to begin thinking something is wrong. They wonder, “Why is your price so low? What are you not telling us about your property?”

But that’s not even the worst problem with this tipping point. If you do get offers at that low price, you’ll have a bigger issue – leaving thousands of dollars on the table.

The other tipping point is setting your price so high it discourages buyers from giving your listing a second look. When your price is that high, you’ll get few enquiries and even fewer people coming to see your property.

Of course, you can lower your price later, if necessary. But experience shows that reduced prices make potential buyers skeptical. Most sellers who price high in the hopes of getting a windfall, actually end up selling for much less than they would have had they priced their properties correctly in the first place.

So, what’s the right price to list your property? The answer is somewhere in-between those two tipping points.

Call today for help determining the right price for your property.

Beyond Boxes: Packing Materials You May Need for your Move

As you probably know, when you’re preparing to move, you’ll need boxes and tape — and, perhaps some bubble-wrap or old newspapers to use as protective wrapping for delicate items.

But that may not be all you need. Take a look at this list and see if you want to have any of these on hand while you’re packing or on your moving day:
  • Colour markers for labelling boxes. (Tip: Colour coding boxes by room will make unpacking much easier.)
  • Stretch wrap to protect larger items that can’t fit into a box.
  • Small plastic bags to store disassembled parts, such as sofa legs, cabinet hardware, etc. (You don’t want to lose them!)
  • Moving blankets to protect floors.
  • A dolly or hand truck to move heavy items. (You can rent these.)
  • Mattress moving bags. These help prevent stains and tears during your move. You can also buy specialty bags for sofas and tables.
  • Reusable foam furniture sliders, to protect floors when furniture needs to be pushed into place.
  • Foam corner protectors. These prevent furniture with sharp corners from banging and damaging other items during a move.

Planning ahead and having the right packing and moving materials on hand will make your move less stressful and, hopefully, damage-free!

Financial Post - Increase in insolvencies could signal Canadians are struggling with debt loads

Real Estate Magazine – Annual pace of housing starts slowed in October: CMHC

CBC News – Rent is going up at a breathtaking pace, with no relief in sight. Here's why

Storeys – October the ‘beginning of the end’ for Canada’s housing correction: RBC

Financial Post – Canadians' outlook on their finances, economy went from dark to darker last month, poll shows - 5 Questions to Ask a Condo Board Before Buying

Keyspire - Reviewing a Contractor's Quote or Contract

Business in Vancouver – B.C. home sales down 45 per cent year-over-year in October: BCREA

Victoria Times Colonist – Housing starts picking up in Greater Victoria

Real Estate Magazine – AXFORD: The beginning of the end for rate hikes?

The BEST vegan mac and cheese recipe! With a creamy, cheesy sauce made from sweet potatoes and nutritional yeast, it's just as good as the real thing.


You’ve probably heard the saying, “You don’t know what you don’t know.” It refers to problems or opportunities you simply aren’t aware of.

For example, you might think your plumbing system is fine. You have no problems! However, a plumber may take a look and immediately notice a weak joint that’s sure to leak in the near future. Professionals in their fields know about things we simply don’t.

The same situation can happen in real estate.

There may be issues or opportunities concerning your home that you can’t see. For example, your property may have gone up in value more than you realized. Or, there may be opportunities on the market that are worth looking into.

That’s why I recommend we have a conversation periodically, ideally once a year. That way, you can get updated on your home’s value and what the current marketplace is like. Plus, you’ll get insights into any issues or opportunities you wouldn’t otherwise be able to see.

Want to schedule that conversation? Contact me anytime.

Notable, Quotable, Quotes!

“You get the best out of others when you give the best of yourself.”
Harvey S. Firestone

“True communication isn’t what you say. It’s what the receiver takes away.”
Author Tom Monahan

“Do not wait to strike while the iron is hot; make it hot by striking!”

William Yeats

Best regards,

Diana Winger Personal Real Estate Corporation | eXp Realty

CNE, SRS, SRES, ABR | 250-588-8839