📊 March Fraser Valley Market Update – Buyers Take Control! 🏡

Andy Schildhorn • March 12, 2025

Langley & Fraser Valley Real Estate is shifting—are you ready? More inventory, lower sales, and buyers holding the power… but for how long?

 

With U.S. tariffs increasing construction costs and the Bank of Canada’s March 12 rate decision, this market could change fast. If you're buying or selling in Langley or the Fraser Valley, this update is a must-watch.

 

📉 What’s Happening in the Fraser Valley Real Estate Market?

✔ Sales up 12.5% from January, but down 25.5% year-over-year

✔ Inventory up 45% – More homes = more buyer choice

✔ Prices softening – Detached homes up slightly, townhomes & condos down

✔ Homes taking longer to sell – Sellers must price right!

✔ Key Economic Factors: Tariffs & interest rates could change everything

 

👉 Buying in Langley or the Fraser Valley? Now is your chance to shop, negotiate, and lock in a home before the market shifts again.

👉 Selling? The right strategy is critical in this market. Pricing it wrong could cost you thousands.

 

🔎 Why This Update Matters for Langley & Fraser Valley Home Buyers & Sellers If you’re searching for:

 

✅ Langley real estate market trends

✅ Fraser Valley housing prices

✅ Best time to buy or sell in Langley

✅ Expert real estate advice in Langley & Fraser Valley

 

This video will give you clear, data-driven insights to help you make the right move. 

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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
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.
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