Market Trends

Andy Schildhorn • October 19, 2015

When inventory is low and demand is high, there is only one way prices can move. Listings are down from last year and last month while sales are higher in October: OCTOBER 2015 Listings: 994 Sales: 731 SEPTEMBER 2015 Listings: 1035 Sales: 688 OCTOBER 2014 Listings: 1020 Sales: 557 This trend is now more pronounced […] The post Market Trends appeared first on Andy Schildhorn, PREC.

When inventory is low and demand is high, there is only one way prices can move. Listings are down from last year and last month while sales are higher in October:

OCTOBER 2015
Listings: 994
Sales: 731

SEPTEMBER 2015
Listings: 1035
Sales: 688

OCTOBER 2014
Listings: 1020
Sales: 557

This trend is now more pronounced than any other time in the past year. If you are thinking of purchasing a new home consider each possibility in detail as you may be paying much more in the next few months. If you are thinking of selling, get ready for a quick sale and maybe ask for those extra few dollars on your list price.

The post Market Trends appeared first on Andy Schildhorn, PREC.

🏡 Fraser Valley market shows early bloom with February sales lift 📉

By Andy Schildhorn • March 3, 2026
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.

☀️💼 Explore summer student job opportunities 🎓

By Andy Schildhorn • March 1, 2026
The Township of Langley Traffic Cameras for up-to-date traffic information. Click here

💰 ‘Simply broken’: Falling home prices starting to bite Canada’s economy, says CIBC 🏦

By Andy Schildhorn • March 1, 2026
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
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