April 2021 Newsletter
Andy Schildhorn • April 21, 2021
Hello and Welcome to our April Newsletter.
Recreational property is now catching the Real Estate Wave. Areas such as Sunshine Coast are seeing 34.6 percent increases year over year.
Our feature home for sale is 8959 Glover Road. Recently price adjusted to $1,449,500. There are some great values here.
Our Langley Infographic is showing pricing up over 24% for detached homes. Condos up 7.7% and town homes up 13.2% over last year.
This month’s Langley Insight is spotlighting Kims’ Angels. Kimberly and her Angels volunteer their time and resources to help those who are less fortunate in our community.
Irene Bartnik, Notary Public, gives some advice on how to navigate the timing of sales in this crazy market.
Rita Cousins, Mortgage Broker, updates us on the possibilities in changes to the Stress Test and what that could mean to buyer’s approval amounts.
Langley is seeing a real shortage of listings. Here is an article about standing in line waiting to purchase a Townhome at Latimer Heights.
That is it for this month. Sales are up, prices are up. Is it time to take advantage of this market? If downsizing is in your 5 or even 10 year plan, perhaps now is the time to consider it. Feel free to reach out and chat about it. I am always available to give perspectives on where the market is going.
In closing, I just want to say, Thanks for dropping by, Have a great day and I look forward to hearing from you soon.
Our feature home for sale is 8959 Glover Road. Recently price adjusted to $1,449,500. There are some great values here.
Our Langley Infographic is showing pricing up over 24% for detached homes. Condos up 7.7% and town homes up 13.2% over last year.
This month’s Langley Insight is spotlighting Kims’ Angels. Kimberly and her Angels volunteer their time and resources to help those who are less fortunate in our community.
Irene Bartnik, Notary Public, gives some advice on how to navigate the timing of sales in this crazy market.
Rita Cousins, Mortgage Broker, updates us on the possibilities in changes to the Stress Test and what that could mean to buyer’s approval amounts.
Langley is seeing a real shortage of listings. Here is an article about standing in line waiting to purchase a Townhome at Latimer Heights.
That is it for this month. Sales are up, prices are up. Is it time to take advantage of this market? If downsizing is in your 5 or even 10 year plan, perhaps now is the time to consider it. Feel free to reach out and chat about it. I am always available to give perspectives on where the market is going.
In closing, I just want to say, Thanks for dropping by, Have a great day and I look forward to hearing from you soon.
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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
