April 2020 Newsletter
Andy Schildhorn • April 21, 2020
Hello and welcome to this month’s newsletter. Well its been quite a month and I want to start, by saying thank you to all the front line workers. Medical staff, Paramedics, Fireman and all the Canadians who go to work each day so we can maintain our health and the economy of our nation.
Presently the housing market is stagnant. However there will be an end to this. Where will we go from here? Here is an article
from the Royal Bank of Canada.
Our Langley infographic
tells us for the month of March we still had a strong market. I think we all agree, next month will not be the same.
During this pandemic, our Langley businesses need to revisit their operations model. Especially restaurants. Wendel’s Bookstore & Café just opened up their online take out service. It is easy, it is timely and it is safe. Check out the link below
to order some great butter chicken and enjoy!
Rita Cousins Mortgage Broker gives us the update on to defer or not to defer your mortgage payments. Interest still applies and in the end be more costly.
Irina Bartnik gives us the head’s up on how transactions are taking place
in her office
We all have seen and heard of many ways to safely handle Groceries. You might find this article to be of help.
Now is the time, while many of us are self-isolating, to review life goals and how to get there. Real Estate gives us stability and features prominently on the path to reaching these goals. If you find you need answers to any real estate question please feel free to contact me
Until next month, thanks for dropping, have a great day and I look forward to seeing you soon.
It's basically the most basic dog you can get, but they are adorable. They're popular for a reason. Support our very own LAPS
Everything you need to know about the upcoming federal election in Langley. The 2025 federal election campaign will end April 28 with a new set of Parliamentarians tasked with the job of governing Canada. Read More Here
Homebuyers in Metro Vancouver are sitting on the sidelines despite market conditions tipping in their favour, according to the latest data from the Greater Vancouver Realtors (GVR). Residential home sales in March 2025 totalled just 2,091—down 13.4 per cent from March 2024 and 36.8 per cent below the 10-year seasonal average. It marked the slowest March for sales since 2019. Active listings climbing to highest levels seen in a decade At the same time, active listings reached levels not seen in nearly a decade. New listings for detached, attached and apartment properties were up 29 per cent year-over-year to 6,455—a 15.8 per cent increase over the 10-year average. Total active listings on the MLS reached 14,546, up 37.9 per cent compared to March 2024 and 44.9 per cent above the seasonal average. “If we can set aside the political and economic uncertainty tied to the new U.S. administration for a moment, buyers in Metro Vancouver haven’t seen market conditions this favourable in years,” said Andrew Lis, GVR’s director of economics and data analytics. “Prices have eased from recent highs, mortgage rates are among the lowest we’ve seen in years, and there are more active listings on the MLS than we’ve seen in almost a decade.” Read More
