Blog Post

March 2023 Newsletter

Andy Schildhorn • March 17, 2023

HELLO EVERYONE AND WELCOME TO OUR MARCH 2023 NEWSLETTER!

The Bank of Canada decided to keep its trend-setting interest rate at 4.5 percent, and for the first time in a year, it didn't go up.

Our featured listing, 8825 McAllister, is in the heart of Fort Langley on a kid-friendly street. It's just a short walk to the Elementary School and downtown Fort Langley, where community is a lifestyle.

Don't forget to join us on Facebook Live Sessions to get a glimpse of our upcoming numbers. Our next session is on April 14th at 11:00 am, and in case you missed it, click here to check out last week's session.

I want to take this moment to thank everyone we represented this past year. The market was tough, but together, we had some fantastic successes.

Our Langley Market Report reveals that detached home prices have decreased by 20% from last year, with listings increasing by 0.05%, and sales volume down by 43.9% year over year. The same applies to condos and townhomes in the Langley region, with prices down about 22% from the market high in March.


Spring is almost here, and Beatniks Bistro in Fort Langley has resumed its Live Music Thursdays. It's the perfect way to spend a relaxing evening.


Rita Cousins, our trusted Mortgage Broker, has provided a mortgage application checklist to help you prepare for pre-approval. It's essential before writing an offer.


Prices have dropped considerably in BC, and here's an overview of our province's pricing year over year.


That's a wrap for this month. If you want to chat about Real Estate, let my 25-plus years of experience guide you through these shifting market conditions. Text, Email, or Call, and we'll arrange a meeting to discuss your plans.


Thanks for stopping by, have an awesome day, and I can't wait to meet you soon.aragraph

By Andy Schildhorn April 3, 2025
The Township of Langley Traffic Cameras for up to date traffic information. Click here
By Andy Schildhorn April 2, 2025
SURREY, BC – March home sales in the Fraser Valley remained nearly 50 per cent below the 10-year average — making for the slowest start to the spring market in more than 15 years. The Fraser Valley Real Estate Board recorded 1,036 sales in March, up 13 per cent from February, but still 26 per cent below sales recorded this time last year. Following a decline on the Board’s Multiple Listing Service® (MLS®) in February, new listings increased 22 per cent in March to 3,800. Overall inventory is at a decade-high level, with 9,219 active listings, 49 per cent above March 2024 and 59 per cent above the 10-year seasonal average.
By Tom Zillich | Surrey Now-Leader April 2, 2025
For a short time, parks and streets in Surrey, White Rock and Delta will soon be filled with the white and pink hues of cherry blossoms. Those beautiful blooms are around for only a couple of weeks every April. This week, Discover Surrey posted a list of favourite places to see the Japanese flowering trees in Surrey, including Bear Creek Park (13750 88 Ave.), Nico-Wynd Golf Course (3601 Nico-Wynd Place), 95 Avenue at 154 Street, Spenser Drive at 151A Street and 150B Street at 24 Avenue.  Find out more.
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