April 2022 Newsletter

Andy Schildhorn • April 19, 2022
The “Cooling Off Period” is moving ahead. I still do not see how this will help our real estate market. More open bidding? That needs to be looked at. The market is leveling off. Maybe a little late.

Our featured listing is 406 5438 198 Street. Located in the Nicomekl neighbourhood, just around the corner to city convenience and yet close to walking trails on the Nicomekl river.

Here is our recorded Facebook live session for April market statistics. This is always a lot of fun. Thank you Jeanette for suggesting this.

Our Langley Market Report is showing detached home prices are up 38.2% from last year with listings up by 12.4% and sales volume down by 21.5% year over year. The same could be said for Condos and Townhomes in the Langley area. It is still very much a Seller’s market out there.

The Fort Langley Farmer’s Market is opening up. Every Saturday from 9:00 to 3: 00pm. Organic veggies to varietal BC wines and spirits.

Rita Cousins Mortgage Broker discusses the differences between a mortgage broker and dealing directly with the bank. Who do you want on your side.

Irina Bartnik Notary Public, goes into detail on the Federal budget and their new housing policies.

Will the increase in interest rates deflate the real estate market? Maybe that with other pressures we could see a
leveling off.

Well, that’s it for this month. This past weekend was pretty busy. If you are thinking of making a move, now is the time. Let’s talk.

Thanks for dropping by, have a great day and I look forward to meeting with you soon.
By Andy Schildhorn July 17, 2025
The Township of Langley Traffic Cameras for up to date traffic information. Click here
By Andrew Seale | The Globe and Mail July 16, 2025
As the urban sprawl of Vancouver, B.C., and nearby Langley pushes land prices higher, Aldor Acres Family Farm’s decision to keep the farm in the family for another generation makes it an anomaly. However, the next generation to run the popular agri-tourist destination inherits the challenge of preserving the farm’s values while their way of life declines around them. “When I grew up in this area, 2 per cent of my high school class was non-agricultural,” says Albert Anderson, 82, who bought the Glen Valley farmland alongside his wife, Dorothy, 81, in 1977. “Now it’s the other way around; maybe 2 per cent of the people in this area are connected with agriculture.” Over the years, the Andersons have turned those 80 acres of land near Fort Langley into a destination with a pumpkin patch, seasonal market, wagon rides, and farm animals, emphasizing an educational experience for visitors. During the October high season, Aldor Acres can have 4,000 visitors in a day. The Andersons are in the process of transferring the farm business to their granddaughter, Melissa Anderson, 37. Across Canada, family farms are facing a similar transition. Data from RBC found that by 2033, 40 per cent of farm operators will retire, one of the biggest labour and leadership transitions in Canada’s history. The next generation to take over the farm will face the allure of rising land values. For many multi-generational farms, the strategy is to wait for the city’s expansion, says Elaine Froese, a Manitoba-based family farm transition expert. “I’ve worked all over Canada, (some family farms) are sitting on $20-million worth of land, and they’re very clear that they’re keeping the hog line going until that little village or town encroaches on them and then they’re selling out to developers,” she says. “That’s the reality.” Read More
By Andy Schildhorn July 15, 2025
On May 27, 2025, the Federal Government issued a press release that provides for a Goods and Services Tax (“GST”) rebate for first time home buyers (FTHB) of new homes (and co-ops). Read More
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