Today’s youngest workers are smart and energetic, but often they have some rough edges that need to be softened. If you’re in charge of one or more 20 somethings, follow this advice from the Society for Human Resource Management:

• Tailor your training. Don’t try to cram every worker into the same training program, especially younger ones. Assess their experience level, get a good idea of what they know, and design training that fills in their gaps and reinforces their skills.

• Take advantage of their strengths. Find out what they’re good at, and start off with assignments that use their talents effectively. They’ll gain confidence, you’ll look good, and together you can work on expanding their skills so they can advance.

• Give lots of feedback. Veteran employees usually know when they’re doing a good job and where they need help. Younger employees may not. Keep an eye on them and give them lots of feedback - both positive, when they perform well; and constructive, where they need improvement. When they know you’ll hold them accountable, they’ll try harder to succeed.

• Ask for their opinions. Ask your young employees if your approach to training and management is working for them. They may spot areas you could pay more attention to, or things they want to learn that you’ve neglected. They’ll improve, and realize that you trust their point of view.

Read full post

Canadian housing starts rose by 18.9k (7.6 per cent) to 267.3k units in April at a seasonally-adjusted annual rate (SAAR). Comparing year-over-year, starts were down from April of 2021 (-3.1 per cent y/y). Single-detached housing starts declined 1.5 per cent to 83.2k, while multi-family and others rose 12.3 per cent to 184.1k (SAAR). 

In British Columbia, starts jumped 59.3 per cent in April, rising to 52.1k units SAAR in all areas of the province. In areas in the province with 10,000 or more residents, single-detached starts rose 13.6 per cent m/m to 9.4k units while multi-family starts jumped 93 per cent to 39.9k units. Starts in the province were 32.5 per cent above the levels from April 2021. Starts were up by 16.7k units in Vancouver, 2.4k in Victoria, 1k in Kelowna, and 1.4k in Abbotsford from last month. The 6-month moving average trend rose 6.8 per cent to 42.3k in BC in April. 

For more information, please contact: Gino Pezzani.

Link: https://mailchi.mp/bcrea/canadian-housing-starts-april-2022

Read full post

Vancouver, BC – May, 2022. The British Columbia Real Estate Association (BCREA) reports that a total of 8,939 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in April 2022, a decrease of 34.9 per cent from a record April 2021. The average MLS® residential price in BC was $1.065 million, a 12.9 per cent increase from $943,765 recorded in April 2021. Total sales dollar volume was $9.5 billion, a 26.5 per cent decline from the same time last year. 

“Canadian mortgages have sharply increased, surpassing 4 per cent for the first time in a decade,” said BCREA Chief Economist Brendon Ogmundson. “With interest rates rising, demand across BC is now on a path to normalizing. However, given existing levels of supply, markets conditions remain tight.”

Provincial active listings were 7.5 per cent lower than this time last year, though listings are starting to accumulate in some markets as demand fades. However, it will likely take a year or more for the supply of listings to return to balanced market levels.

Year-to-date, BC residential sales dollar volume was down 10.7 per cent to $38.4 billion, compared with the same period in 2021. Residential unit sales were down 24.2 per cent to 35,618 units, while the average MLS® residential price was up 17.8 per cent to $1.078 million.

For more information, please contact: Gino Pezzani.

Read full post

Sometimes people say things to you at just the right time, and they change your life forever. Perhaps it was a coincidence, or perhaps it was part of a mysterious master plan. Perhaps everyone you meet in life, you meet for a reason. You learn something from that person, and sometimes the lesson is quite stark. Here’s an example of what I mean:

A 13-year-old boy tried to convince his 8-year-old brother to skateboard down a small hill. It took quite a while, as the younger brother was really nervous about it.

They were at a big, public park, and nearby there was an old woman who looked about 75 years old. She was sitting on a bench watching them.

The younger brother was practically crying, and the older brother was embarrassed that he was being such a wimp.

He kept saying, "I might crash. I'm afraid!"

The older brother was really putting the pressure on when the old woman got up and walked over to them. The boys thought she was going to tell them to quit arguing.

Instead, she raised her fist defiantly at the younger brother and said, "So be afraid! And then do it anyway!" He swallowed and took off. And he did just fine.

It was a revelation that it's not about being unafraid. It's about being afraid and doing it anyway.

Did you ever have a moment like this, when your perspective changed, all at once, because of something someone said?

Warm Regards,

Gino Pezzani

Read full post

I have listed a new property at 1007 1783 MANITOBA ST in Vancouver.
Welcome to The Residences at West located in the heart of Olympic Village. This bright & beautiful 708 SqFt quiet NW corner unit originally marketed as a 1 bedroom + flex bedroom has no wasted space. The floor to ceiling windows bring in the day & capture the lights at night. Boasting a large open & flexible living area for you to customize to your own personal use. Open kitchen features S/S European appliances & quartz counters with bar seating perfect for entertaining. Spa like bathroom with deep soaker tub & twin designer sinks. Freshly painted top to bottom with high quality designer paint & brand new 100% New Zealand wool carpet in bedroom. Custom built-in storage added, in-suite laundry, large balcony with nice view, 1 parking and storage. Excellent Building Manager. Highly convenient & desirable location. Amenities include a beautifully landscape boardwalk with seating area, Wi-Fi + meeting room, Health/fitness room and clubhouse. OPEN HOUSE Sat/Sun, May 14 & 15, 2-4PM
Read full post

Please visit our Open House at 1007 1783 MANITOBA ST in Vancouver.
Open House on Saturday, May 14, 2022 2:00PM - 4:00PM
Welcome to The Residences at West located in the heart of Olympic Village. This bright & beautiful 708 SqFt quiet NW corner unit originally marketed as a 1 bedroom + flex bedroom has no wasted space. The floor to ceiling windows bring in the day & capture the lights at night. Boasting a large open & flexible living area for you to customize to your own personal use. Open kitchen features S/S European appliances & quartz counters with bar seating perfect for entertaining. Spa like bathroom with deep soaker tub & twin designer sinks. Freshly painted top to bottom with high quality designer paint & brand new 100% New Zealand wool carpet in bedroom. Custom built-in storage added, in-suite laundry, large balcony with nice view, 1 parking and storage. Excellent Building Manager. Highly convenient & desirable location. Amenities include a beautifully landscape boardwalk with seating area, Wi-Fi + meeting room, Health/fitness room and clubhouse. OPEN HOUSE Sat/Sun, May 14 & 15, 2-4PM
Read full post

Please visit our Open House at 1007 1783 MANITOBA ST in Vancouver.
Open House on Sunday, May 15, 2022 2:00PM - 4:00PM
Welcome to The Residences at West located in the heart of Olympic Village. This bright & beautiful 708 SqFt quiet NW corner unit originally marketed as a 1 bedroom + flex bedroom has no wasted space. The floor to ceiling windows bring in the day & capture the lights at night. Boasting a large open & flexible living area for you to customize to your own personal use. Open kitchen features S/S European appliances & quartz counters with bar seating perfect for entertaining. Spa like bathroom with deep soaker tub & twin designer sinks. Freshly painted top to bottom with high quality designer paint & brand new 100% New Zealand wool carpet in bedroom. Custom built-in storage added, in-suite laundry, large balcony with nice view, 1 parking and storage. Excellent Building Manager. Highly convenient & desirable location. Amenities include a beautifully landscape boardwalk with seating area, Wi-Fi + meeting room, Health/fitness room and clubhouse. OPEN HOUSE Sat/Sun, May 14 & 15, 2-4PM
Read full post

One day I overheard the teacher tell the inspector that I was "addled" and it would not be worthwhile keeping me in school any longer. I was so hurt by this that I burst out crying and went home and told my mother about it.

Then I found out what a good thing a strong mother is. She came out as my fierce defender. Mother love was aroused, and mother pride was wounded to the quick.

She brought me back to the school and angrily told the teacher that he didn’t know what he was talking about. In fact, she was the most enthusiastic champion anyone could ever have, and I determined right then that I would show her that her confidence was not misplaced.

The man telling the story about his mother’s love and commitment is Thomas Edison.

One of the most prolific and ingenious inventors of all time, Thomas Edison was homeschooled until he set out on his own at the age of sixteen, openly grateful for his mother’s support and education throughout his life.

Not only can we acknowledge Edison’s mom, who eventually lit the way for us all, we can also acknowledge all moms who respond with love, courage, and wisdom every day.

Happy Mother’s Day!

Gino Pezzani
DIEN Realty
604-418-9366

Read full post

After growing in February and March to a record level, Canadian employment was little changed in April at 19,601k. The labour market is tight, with the Canadian unemployment rate declining by 0.1 to 5.2 per cent, the lowest rate on record since comparable data became available in 1976. The total hours worked fell 1.9 per cent in April while average hourly wages were up 3.3 per cent on a year-over-year basis, similar to March and February. Wage gains are below the inflation rate, however, which clocked in at 6.7 per cent year-over-year in the most-recent data. The employment rate held steady at 61.9 per cent.

Employment in BC was largely unchanged in April at 2,736k. Metro Vancouver's employment growth was also largely flat at -0.2 per cent month over month. The unemployment rate rose in April for a second month in a row, reaching 5.4 per cent and surpassing Canada's rate for the first time since mid-2020. 


For more information, please contact: Gino Pezzani.
Link: https://mailchi.mp/bcrea/canadian-employment-april-2022

Read full post

National Bird Day, May 4. An annual holiday with half a million adherents who celebrate through birdwatching, studying birds, and other bird-related activities. 

Mother’s Day, May 10. Honor the mother or mother figure in your life.

National Senior Health & Fitness Day, May 27. The common goal for this day is to help keep older Americans healthy and fit.

Memorial Day, May 25. A federal holiday in the United States for honoring and mourning the military personnel who died while serving in the United States Armed Forces.

Read full post
Categories:   Albion, Maple Ridge Real Estate | April Newsletter 2022 | Arbutus, Vancouver West Real Estate | August 2021 News | Bank | Blueridge NV, North Vancouver Real Estate | Brentwood Park, Burnaby North Real Estate | Brighouse South, Richmond Real Estate | Brighouse, Richmond Real Estate | British Properties, West Vancouver Real Estate | Burke Mountain, Coquitlam Real Estate | Burnaby Lake, Burnaby South Real Estate | Cambie, Vancouver West Real Estate | Canadian Employment | Canadian Inflation | Canyon Heights NV, North Vancouver Real Estate | Canyon Springs, Coquitlam Real Estate | Capitol Hill BN, Burnaby North Real Estate | Central Lonsdale, North Vancouver Real Estate | Central Park BS, Burnaby South Real Estate | Champlain Heights, Vancouver East Real Estate | Citadel PQ, Port Coquitlam Real Estate | Cloverdale BC, Cloverdale Real Estate | Coal Harbour, Vancouver West Real Estate | Collingwood VE, Vancouver East Real Estate | Coquitlam West, Coquitlam Real Estate | COVID-19 Recovery Dashboard | December 2021 Newsletter | Delta Manor, Ladner Real Estate | Downtown NW, New Westminster Real Estate | Downtown VW, Vancouver West Real Estate | Downtown, Vancouver West Real Estate | Dunbar, Vancouver West Real Estate | Eagle Harbour, West Vancouver Real Estate | East Burnaby, Burnaby East Real Estate | East Newton, Surrey Real Estate | East Richmond, Richmond Real Estate | Fairview VW, Vancouver West Real Estate | False Creek, Vancouver West Real Estate | February Newsletter 2022 | Forest Hills BN, Burnaby North Real Estate | Fraser VE, Vancouver East Real Estate | Fraserview NW, New Westminster Real Estate | Fraserview VE, Vancouver East Real Estate | GDP | Grandview VE, Vancouver East Real Estate | Grandview Woodland, Vancouver East Real Estate | Greentree Village, Burnaby South Real Estate | Hamilton RI, Richmond Real Estate | Hamilton, Richmond Real Estate | Hastings, Vancouver East Real Estate | Highgate, Burnaby South Real Estate | House Marketing | Housing Starts | Interest Rate | Ironwood, Richmond Real Estate | January Newsletter 2022 | July 2021 Newsletter | Killarney VE, Vancouver East Real Estate | Kitsilano, Vancouver West Real Estate | Knight, Vancouver East Real Estate | Lions Bay, West Vancouver Real Estate | Lower Lonsdale, North Vancouver Real Estate | Maillardville, Coquitlam Real Estate | Main, Vancouver East Real Estate | March Newsletter 2022 | May 2022 Newsletter | Meadow Brook, Coquitlam Real Estate | Metrotown, Burnaby South Real Estate | Mount Pleasant VE, Vancouver East Real Estate | Mount Pleasant VW, Vancouver West Real Estate | New Horizons, Coquitlam Real Estate | Newsletter November 2021 | North Coquitlam, Coquitlam Real Estate | North Vancouver Real Estate | November 2021 Newsletter | November Newsletter 2021 | October 2021 Newsletter | Pebble Hill, Tsawwassen Real Estate | Pictures and thoughts to share | Point Grey, Vancouver West Real Estate | Quay, New Westminster Real Estate | Queen Mary Park Surrey, Surrey Real Estate | Queensborough, New Westminster Real Estate | Quilchena, Vancouver West Real Estate | Richmond Real Estate | S.W. Marine, Vancouver West Real Estate | Sapperton, New Westminster Real Estate | September 2021 News | Silver Valley, Maple Ridge Real Estate | Simon Fraser Univer., Burnaby North Real Estate | Sold listings | South Granville, Vancouver West Real Estate | South Marine, Vancouver East Real Estate | South Slope, Burnaby South Real Estate | South Surrey White Rock Real Estate | Squamish Real Estate | Steveston South, Richmond Real Estate | Sullivan Heights, Burnaby North Real Estate | The Crest, Burnaby East Real Estate | Tsawwassen Central, Tsawwassen Real Estate | University VW, Vancouver West Real Estate | Upper Eagle Ridge, Coquitlam Real Estate | Uptown NW, New Westminster Real Estate | vancouver island Real Estate | Vancouver Real Estate | Victoria VE, Vancouver East Real Estate | Victoria VE, Vancouver West Real Estate | WALL CENTRE FALSE CREEK, Vancouver West Real Estate | West End VW, Vancouver West Real Estate | Westwood Plateau, Coquitlam Real Estate | Whalley, North Surrey Real Estate | Whalley, Surrey Real Estate | Willoughby Heights, Langley Real Estate | Yale - Dogwood Valley, Vancouver West Real Estate | Yaletown, Vancouver West Real Estate | Yel | Yellow Newletter December 2021 | Yellow Newsletter | Yellow Newsletter April 2022 | Yellow Newsletter August 2021 | Yellow Newsletter December 2021 | Yellow Newsletter February 2022 | Yellow Newsletter January 2022 | Yellow Newsletter March 2022 | Yellow Newsletter May 2022 | Yellow Newsletter November 2021 | Yellow Newsletter October 2021 | Yellow Newsletter October, 2021 | Yellow Newsletter September 2021
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), 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 REBGV, 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 REBGV, the FVREB or the CADREB.