📊Fraser Valley Market Update with MYBConsulting | October Insights 🏡

Andy Schildhorn • November 21, 2024

📞 Book a call/meeting at your convenience – https://calendly.com/andyschildhorn

🏡 October Real Estate Market Update with MYBConsulting In this monthly update, I’m joined by Jeanette Martin from MYBConsulting to discuss the latest trends in the Fraser Valley real estate market. From rising sales to balanced market conditions, we break down what these changes mean for buyers and sellers in the region.

In this update, we cover:

1️⃣ Sales Surge: A 35% jump in October sales, showing increased activity after recent interest rate cuts.

2️⃣ Inventory Trends: New listings may be down 5%, but overall inventory offers more options for buyers.

3️⃣ Balanced Market: With a 15% sales-to-active listings ratio, we see balanced conditions for now.

4️⃣ Price Adjustments: Seven consecutive months of price dips for detached homes, townhomes, and condos.

5️⃣ Special Insights: Jeanette shares unique perspectives on what these trends mean for clients.

💬 We’d love your thoughts! Do you think the market will continue to balance, or is another shift on the horizon? Comment below!

📅 Ready to make your next move?

Use the link below to schedule a time that works for you:

📅 https://calendly.com/andyschildhorn

📞 778.835.8957

📧 [email protected]

🌐 www.AndytheRealtor.com

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🏡📉 Fraser Valley Real Estate Sales Level Off as Market Enters Seasonal Slowdown 🍂⏳

By Andy Schildhorn • August 13, 2025

SURREY, BC – Market conditions are ideal for Fraser Valley home buyers this summer, but the persistent gap between buyers’ and sellers’ price expectations continues to suppress sales. The Fraser Valley Real Estate Board recorded 1,190 sales on its Multiple Listing Service® (MLS®) in July, down half a per cent from June and down three per cent year-over-year. July sales were 23 per cent below the 10-year average. The supply of homes for sale dipped slightly in July, down two per cent from June to 10,650, nearly 50 per cent above the 10-year seasonal average. New listings declined five per cent over June to 3,453. The Fraser Valley remains in a buyer’s market with an overall sales-to-active listings ratio of 11 per cent; the market is considered balanced when the ratio is between 12 per cent and 20 per cent.

🤗 Sometimes we need to smile.

By Andy Schildhorn • August 12, 2025

I'm going to be honest with you, I almost forgot to write this email this week. Got caught up with Fort Langley Jazz Festival. and almost ran out of time. Barely got this in under the wire. I think its a great edition of the newsletter. Performance under pressure! haha LAPS is here. 📣 "Success is not in what you have, but who you are." - Bo Bennett

🚗 Live Traffic Views in Langley

By Andy Schildhorn • August 11, 2025

The Township of Langley Traffic Cameras for up to date traffic information. Click here