May 2022 Newsletter
Andy Schildhorn • May 20, 2022
We are seeing climbing interest rates, inflation and buyer fatigue.
What is in store for pricing? Well here is one forecast from the Royal Bank of Canada of a 3.8% dip.
Our featured listing is 25414 72nd Ave. Here we have a 6 plus acre property just east of Fort Langley. No curtains needed here. This is a very private acreage.
Our Facebook live event talks about market statistics, mortgage rates and what is happening in Langley. Always an interesting time.
Thank you to David and Josee. It was enjoyable working for you again. It is always nice to see past clients again.
Our Langley Market Report is showing detached home prices are up 32.7% from last year with listings up by 7.09% and sales volume down by 48.6% 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 annual Applewood Valley GranFondo is opening up for riders. Volunteers are needed. So get your bikes out or put your name forward to volunteer.
Rita Cousins Mortgage Broker has that difficult discussion of divorce, separation and real estate. How can you split your equity without selling?
In the News, The return to a more traditional pace of home sales over the last two months provides homebuyers more time to make decisions, secure financing and perform other due diligence such as home inspections.
Well, that’s it for this month. Want to talk Real Estate? Changing market conditions? Text, Email or Call and we can set up a time to discuss your plans.
Thanks for dropping by, have a great day and I look forward to meeting you soon.
Our featured listing is 25414 72nd Ave. Here we have a 6 plus acre property just east of Fort Langley. No curtains needed here. This is a very private acreage.
Our Facebook live event talks about market statistics, mortgage rates and what is happening in Langley. Always an interesting time.
Thank you to David and Josee. It was enjoyable working for you again. It is always nice to see past clients again.
Our Langley Market Report is showing detached home prices are up 32.7% from last year with listings up by 7.09% and sales volume down by 48.6% 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 annual Applewood Valley GranFondo is opening up for riders. Volunteers are needed. So get your bikes out or put your name forward to volunteer.
Rita Cousins Mortgage Broker has that difficult discussion of divorce, separation and real estate. How can you split your equity without selling?
In the News, The return to a more traditional pace of home sales over the last two months provides homebuyers more time to make decisions, secure financing and perform other due diligence such as home inspections.
Well, that’s it for this month. Want to talk Real Estate? Changing market conditions? Text, Email or Call and we can set up a time to discuss your plans.
Thanks for dropping by, have a great day and I look forward to meeting you soon.

On September 14, 2025, the federal government launched the Build Canada Homes agency, first announced in May’s Speech from the Throne. The agency’s goals largely centre on non-market affordable housing, with a mandate to grow the proportion of housing that is for low- and middle-income households; create the conditions for high-capacity non-market housing; and generate long-term, predictable demand for factory-built housing. The agency also intends to focus on cost-efficient construction methods, including factory-built, modular, and mass timber housing, and will prioritize using Canadian building materials such as lumber and aluminum. 👉 More Details Here

Get a first look at our new Langley office! Something exciting is happening right here in town, and I’m thrilled to show you the progress on Macdonald Realty’s new space — and share why I’ve been proud to call this company home for nearly 25 years. About Macdonald Realty Founded in 1944, Macdonald Realty has grown into one of BC’s most respected full-service brokerages, with more than 1,100 agents, 6,400+ transactions each year, and over $6.2 billion in annual sales. We’re proud to be family-run, BC-owned, and one of the largest woman-owned businesses in the province. Full-Service Real Estate Our services go beyond residential real estate — with a strong commercial division, trusted property management, and expertise in new developments. Global Reach Through our affiliates — Leading Real Estate Companies of the World, Luxury Portfolio International, and CORFAC — we connect clients in Langley to buyers and opportunities worldwide. Community Impact And now, our new Langley office will bring even more value to the community — with a modern office space, a welcoming coffee shop, and a full daycare upstairs. What you’ll see in this video: 0:00 – Welcome & introduction 0:30 – Macdonald Realty by the numbers 1:15 – Full-service: residential, commercial, property management, new development 1:50 – Global connections that matter 2:20 – Looking back: our old Langley office 2:55 – Why I joined Macdonald Realty in 2001 3:20 – Sneak peek: new Langley office + community impact 3:50 – What this means for clients & next steps Thinking about buying or selling in Langley or the Fraser Valley? Let’s talk — I’d love to help you make your next move with confidence. Book a call with me here: https://rly.forsale/Chat-with-Andy 📞778.835.8957 📧 andy@andytherealtor.com 🌐 www.AndytheRealtor.com Don’t forget to subscribe for more weekly real estate insights, and hit the bell so you never miss an update.