Home Trends from Michael & Janet Tanlimco

Westcoast

Each Office Independently Owned and Operated.

110 6086 Russ Baker Way, Richmond, BC V7B 1B4

MICHAEL TANLIMCO & JANET TANLIMCO

STREAMING VS. CABLE: WHICH IS THE BETTER VALUE

A few years ago, cutting the cord seemed like a no-brainer. Streaming once promised more choice at a lower cost. But with so many platforms now competing for attention, it’s fair to ask: is it still the better deal? Most Canadian households now subscribe to three or more streaming services — often a mix of Netflix, Amazon Prime Video, Disney+, Crave and Apple TV+ — according to the Canadian Media Fund. When you add internet costs and the occasional movie rental, the total can rival — or even exceed — a traditional cable package. Streaming still wins on flexibility though. You can cancel anytime, switch platforms based on new shows or take advantage of free trials and bundles through phone or internet providers. But for those who value live news, sports or a simple all-in-one setup, cable may once again offer solid value. The best approach is to really look at what you’re watching. Audit your subscriptions, cancel those you rarely use, and look for bundled options that fit your household’s viewing habits. Whether you stick with streaming or go back to cable, making a conscious choice can help you save without sacrificing entertainment.

OUTSTANDING AGENTS. OUTSTANDING RESULTS

604.571.0909 | www.michaeltanlimco.com

MICHAEL TANLIMCO & JANET TANLIMCO

BUYER’S OR SELLER’S MARKET? HERE’S HOW TO TELL

Real estate headlines often talk about “buyer’s” or “seller’s” markets, but what does that really mean? A few simple clues can reveal what kind of market you’re in. In a seller’s market, homes move quickly. Listings often receive multiple offers, and properties can sell for close to or even above asking price. You might also notice fewer “For Sale” signs in your neighbourhood — a sign that inventory is low and buyers are competing for limited options. In a buyer’s market, the pace slows. Homes take longer to sell, price reductions become more common and buyers have more room to negotiate conditions such as inspections or closing dates. Sometimes, the market lands somewhere in between — what experts call a balanced market — where supply and demand are relatively even. The best indicator is what’s happening locally. Reach out today to find out how current conditions in your area could affect your next move. A quick conversation can tell you far more than national headlines ever could.

OUTSTANDING AGENTS. OUTSTANDING RESULTS

604.571.0909 | www.michaeltanlimco.com

MICHAEL TANLIMCO & JANET TANLIMCO

DESIGN RULE OF THIRDS In many instances designers use the rule of thirds to create a visually appealing and balanced piece. Simply put, you take what you’re designing (in this case a wall in your home for instance) and break it into an even three-by-three grid: two horizontal lines and two vertical lines creating nine areas of interest. Placing objects at the intersecting points will create a balanced and visually interesting look. Another way to use the rule of thirds is when deciding what size a piece should be. For instance a table lamp should be a third of the table height and a third of the width of the table (including the lamp shade). Pendant lights should hang about a third of the way down from the ceiling; furniture should take up a third of a wall, etc. Décor pieces can also follow the rule of thirds. Group items (plants, books, candles, etc.) in threes to create a focal point and have that focal point balanced across the thirds of the room. Décor items in various colours and textures can seem more cohesive when shown in threes too.

OUTSTANDING AGENTS. OUTSTANDING RESULTS

604.571.0909 | www.michaeltanlimco.com

MICHAEL TANLIMCO & JANET TANLIMCO

2026 IS THE YEAR TO SUPPORT SMALL BUSINESSES Across the country, independent shops, makers and service providers continue to play a vital role in local economies. Supporting small Canadian businesses isn’t just a feel good gesture — it’s an investment in our communities. Over the past few years, many small businesses have adapted to online ordering, local delivery and in-person experiences that rival larger retailers. Shopping locally keeps more money in the community, creates jobs and helps neighbourhoods stay vibrant and unique. When you buy from a local shop, restaurant or craft market, you’re supporting someone’s dream and strengthening the fabric of your town or city. It also often means better customer service and one-of-a-kind products you won’t find elsewhere. Even small choices make a difference. Try visiting a nearby café instead of a chain, hire local tradespeople for repairs or browse regional artisans when shopping online. Every purchase adds up to stronger communities and a more resilient economy. Supporting small businesses isn’t about spending more — it’s about spending mindfully. 2026 is the perfect time to reconnect with the people behind the storefronts and discover what makes shopping local so rewarding.

OUTSTANDING AGENTS. OUTSTANDING RESULTS

604.571.0909 | www.michaeltanlimco.com

MICHAEL TANLIMCO & JANET TANLIMCO

Slow sales and high inventory give buyers the edge in October

ACTIVE LISTINGS 16,393

BENCHMARK PRICE Detached $1,916,400

BENCHMARK PRICE Apartment $718,900

VANCOUVER, B.C. – November 4, 2025– Home sales registered on the MLS® in Metro Vancouver* were 14 per cent lower than last October, as the trend of slower sales and building inventory creates favourable conditions for those looking to buy in the fall market. “October is typically the last month of the year where sales activity sees a seasonal uptick, but sales still fell short of last year’s figures and the ten-year seasonal average,” said Andrew Lis, GVR’s chief economist and vice-president of data analytics.“Even the fourth cut this year to the Bank of Canada’s policy rate this October wasn’t enough to entice more buyers back into the market.” The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 16,393. The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,132,500. This represents a 3.4 per cent decrease over October 2024 and a 0.8 per cent decrease compared to September 2025. Sales of detached homes in October 2025 reached 693. The benchmark price for a detached home is $1,916,400. Sales of apartment homes reached 1,071 in October 2025. The benchmark price of an apartment home is $718,900. Attached home sales in October 2025 totalled 477. The benchmark price of a townhouse is $1,066,700. Source: The Greater Vancouver REALTORS® | Market values stated are of the benchmark of Vancouver and surrounding region. Individual home market values will vary and are affected by factors such as location, size, interior and exterior condition. Please call to get an up-to-date evaluation of your home.

CLICK FOR FULL REPORT

Or Call With Your Real Estate Market Questions

OUTSTANDING AGENTS. OUTSTANDING RESULTS

604.571.0909 | www.michaeltanlimco.com