February 2020 Newsletter
Andy Schildhorn • February 17, 2020
The BC Real Estate Association’s numbers are in
for 2019 and not surprisingly, we saw a 1.9% dip across BC, setting up for a more normal and stable 2020.
So how do you find a local Realtor in Langley? What services can you expect? Click on the link
and read my thoughts. I think you will find this very informative.
Brian and Cynthia gives a two thumbs up. I very pleased to have helped them make the transition to a new home.
Our January Langley infographic
is telling us it becoming a Seller’s market with prices slightly up. This is due to pent up demand and not enough inventories.
This month’s featured listing
is #L100 5375 205th. This 1,600sq.ft condo, 55 and over, is affordable, comfortable and secure for senior living.
Rita Cousins, Mortgage Broker talks about insured and uninsured borrowers
and how the bank rate affects them.
Irina Bartnik, Notary Public, gives an update on the Province’s Speculation tax. Have you filled out your declaration?
Plus we have an excellent article calming the stress in our constant battle to keep organized. I am sure there is a tidbit in there for you
Well that is about it for this month. We are heading into the Spring Market and all indications - it will be a busy one. Now is the time to start implementing your plan. Lets talk about what is best for you.
Thanks for dropping by, have a great day and I look forward to hearing from 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
