April 2023 Newsletter

Andy Schildhorn • April 24, 2023

HELLO EVERYONE AND WELCOME TO OUR APRIL 2023 NEWSLETTER!

 This month, the B.C. government's upcoming overhaul of municipal zoning rules will allow for more "missing-middle" housing. Stay tuned for more details in the fall!

Our featured listing this month is 8902 Wright St, a beautiful home with a spacious 12,600 sq ft lot. It's perfect for families who need plenty of room to grow.

Join us for our next Facebook Live session on May 12th at 11:00 am to catch up on the latest market numbers. If you missed our last session, be sure to check it out.

We're proud to say that Hazel and I worked hard and persevered through the recent market downturn, and we're thrilled that she's now happily settled in her new home.

Our Langley market report shows a 21.2% decrease in detached home prices from last year, with listings down by 23.6% and sales volume down by 36.3% year over year. The same trends apply to condos and townhomes in the Langley region. This month marks the one-year anniversary of the market high in March 2022.

Looking for some fun this spring? Don't miss the Fort Langley Jazz Festival's fundraising spring dance! Stay tuned for more details on how to get free tickets.

Our trusted mortgage broker, Rita Cousins, talks about
the First Home Savings Account, helping first-time homebuyers save for their down payment

Regarding the Federal Foreign Buyer Ban, recent changes will not increase much-needed new housing, instead of keeping the status quo.

Lastly, we're available to chat with you about real estate anytime. With over 25 years of experience, let us help guide you through these shifting market conditions.
Reach out to us via text, email, or phone, and we'll schedule a meeting to discuss your plans.

Thanks for stopping by, have an awesome day, and we can't wait to meet you soon!

By Andy Schildhorn February 5, 2026
Love to see you come out this Sunday. πŸ‘‰ View the full listing
By Andy Schildhorn February 3, 2026
🏑 Fraser Valley home prices back to pandemic-era levels under the weight of economic headwinds and sustained inventory πŸ“‰ SURREY, BC – Home prices in the Fraser Valley fell for the tenth consecutive month in January, pushing the Benchmark price below $900,000 for the first time since spring 2021. The Benchmark price for a typical home in the Fraser Valley dropped one per cent in January to $897,200, down 6.9 per cent year-over-year. The continued softening of prices wasn’t enough to get buyers off the sidelines, as the Fraser Valley Real Estate Board recorded 619 sales on its Multiple Listing Service® (MLS®) in January, a 33 per cent decrease from December, and 24 per cent below sales from the same month last year. New listings increased 128 per cent in January to 3,078, reflecting the typical seasonal patterns; however, activity remained 10 per cent below last year’s levels.
By Andy Schildhorn February 2, 2026
Who needs a hammock? Check out LAPS for adoptables πŸ˜€ β€Š πŸ“£"Do what is right, not what is easy.” - Roy T. Bennett
More Posts