June 2019 Newsletter
Andy Schildhorn • June 18, 2019
It is summertime and the weather is incredible!! We are starting to see good pricing as government policy is artificially depression our marketplace. Mortgage rates are still appealing! How will these factors have an affect? This month Rita Cousins talks about what it takes to be a new homeowner , and Irina had some information on mortgage penalties. Our featured listing is 2152 Telegraph Trail. Check it out! It’s just been reduced. Thanks for dropping by and I look forward to hearing from you soon!
SURREY, BC – The Fraser Valley market showed early signs of a spring thaw in February, with sales increasing over January, but continuing to trail typical levels for this time of year. The Fraser Valley Real Estate Board recorded 843 sales on its Multiple Listing Service® (MLS®) in February, a 36 per cent increase from January, but 38 per cent below the ten-year seasonal average. New listings declined nine per cent in February to 2,796, suggesting some sellers are choosing to wait amid competitive inventory levels, and may be positioning their homes for the peak of the spring market.
The Township of Langley Traffic Cameras for up-to-date traffic information. Click here
The economics of building new homes in Canada are now "simply broken," sparking a macroeconomic drag that CIBC economists warn is just beginning to take hold. 👉 Details Here
