Andy Talks Real Estate 🦃 Real Estate Market Insights

Andy Schildhorn • October 21, 2024

📅 Book a convenient time to discuss your real estate plans: https://calendly.com/andyschildhorn

 

🍁 Thanksgiving in Langley:

This special Thanksgiving edition discusses what we’re grateful for, from community support to local businesses, and highlights upcoming events like the Cranberry Festival in Fort Langley.

 

📊 October 1st Market Trends:

As of October 1st, the real estate market continues to see a rise in inventory while sales remain slow. With 8.1-9.2 months of inventory, we’ve officially entered a buyer’s market across the Fraser Valley. Detached homes are seeing price declines, while condos and townhomes stay relatively stable. If you're considering buying, now is a great time to take advantage of the current market conditions.

 

📈 Key Market Insights:

September showed a 21% increase in listings, with total inventory up 39% compared to last year. Sales have slowed, but with interest rate announcements and the election approaching, we expect to see a potential shift in the coming weeks.

 

Want to learn more or have questions? I'm just a call or message away!

 

🔗 Connect with me: 

📞 Call/Text: 778.835.8957

📧 Email: andy@andytherealtor.com

🌐 Website: www.andytherealtor.com

💬 Book a call: https://calendly.com/andyschildhorn

🏡 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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