May 2021 Newsletter

Andy Schildhorn • May 20, 2021

Hello and Welcome to our May Newsletter.

Governments have tried with the Vacant Home Tax, Foreign Buyer Tax and the Stress Test to cool Real Estate markets. Temporary relief was seen however not sustained. Now changing the capital gains exemption on your home is being considered. What are the consequences? 

Our featured listing is 21975 100th Ave. Superbly located just outside of Fort Langley. The home has been tastefully renovated. Here is 4.2 acres of privacy. It is a must “go see” if acreages are for you.

Selling Carole’s home was a bit of a challenge. Not only was there Covid to deal in keeping the Tenants safe. Carole lives in Paris which presented other considerations. All in all everything worked out well. Thank you, Carole.

Our Langley Infographic is showing pricing up 29.4% for detached homes. Condos up 10.9% and townhomes up 16.8% over last year.

One of the best ways to see what is happening in Langley is the Langley Tourism website. Lots of Covid friendly activities are highlighted there.

Rita Cousins, Mortgage Broker, has a handy dandy mortgage app to keep track of numbers when purchasing that new home.

Irina Bartnik Notary Public, talks about the new Land Owner Transparency Registry. No more hiding behind numbered companies.

In the news is an article on how the market is starting to cool. I am sure we will see some leveling off of those red hot numbers.

Well that’s it for this month. If you were holding off purchasing your new home, perhaps the window of opportunity is coming up. I am only an email, text or phone call away to answer all your real estate questions.

Thanks for dropping by, have a great day and I look forward to hearing from you soon.
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
By Andy Schildhorn July 14, 2025
With over 30 years of experience navigating market highs and lows, Andy provides clarity on today’s buyer-friendly conditions and what sellers need to do to stand out. Here's what you'll find inside this video: Price Movement & Market Shifts: A detailed look at the Fraser Valley composite benchmark price, including year-over-year and month-over-month changes. Property Type Breakdown: Detached homes, townhomes, and apartments — from peak pricing to current values. Sales-to-Active Listings Ratio: Learn what this key indicator tells us about the current market — and how it affects your position as a buyer or seller. July Market Snapshot: Stats on sales volume, inventory levels, and days on market — all showing a slower pace, but more breathing room for smart decisions. Buyer Advantages: More choice, more time, and more negotiating power in this shifting market. Seller Strategies: Learn how pricing, presentation, and planning can still put you in a strong position. This comprehensive insight will empower you to make your best move in the Fraser Valley market! Dive deeper into the full July 2025 Fraser Valley Market Breakdown: https://rly.forsale/July-2025-Numbers Book a time to chat: https://rly.forsale/Chat-with-Andy
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