Fraser Valley Market: Buy, Sell or Wait? ⏳
Andy Schildhorn • September 9, 2024
📞 Book a call/meeting at a time convenient to you - https://calendly.com/andyschildhorn
🏠 Fraser Valley Real Estate Update: Are buyers still holding back? Despite three consecutive rate cuts, the market remains sluggish, with August marking one of the slowest months in over a decade. What does this mean for buyers and sellers? Let’s break it down.
In this video, I’ll cover the latest stats from the Fraser Valley Real Estate Board:
- Sales down 13% from July
- A 30% drop compared to the 10-year seasonal average
- Inventory levels still 37% higher than last year
- What the latest Bank of Canada rate cut means for you
Are you a buyer waiting on the sidelines, hoping for better affordability? Or a seller wondering how to price your home in this slower market? Now is the time to make informed decisions, and I’m here to guide you with 30 years of experience in real estate.
📊 For the full market stats, Click the link
💬 What do you think about the latest rate cut? Will it spark activity or will buyers continue to wait? Drop your thoughts in the comments!
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Ready to discuss your real estate goals? Use the link below to book a call with me, and we can discuss how to navigate these market changes.
📅 https://calendly.com/andyschildhorn
📞 778.835.8957
📧 andy@andytherealtor.com
🌐 www.AndytheRealtor.com
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Your Langley and Fraser Valley Realtor.
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A new global analysis suggests Canada’s major metros are among the hardest places on earth for young people to buy their first home, with Vancouver, Toronto and Montreal ranking near the bottom of a 70-city affordability index. The study, from UAE-based developer Bloom Holding, estimates the typical first-time buyer in Vancouver enters the market at age 46, while those in Toronto and Montreal reach homeownership at around 40 and 39, respectively. The findings echo a broader North American trend. In the United States, the median first-time buyer age has climbed to a record 40, according to the National Association of Realtors — up from 33 just a few years ago — as higher rates and decade-long price gains delay ownership for younger households. 👉 Read the Article Here

Thinking about selling your home? In this video, I break down the Six Seller Essentials you need to know before you list. These insights come from 30 years of helping families buy and sell across Langley and the Fraser Valley, and they’ll give you a real advantage in today’s market. 📅 Book a time with me https://rly.forsale/Chat-with-Andy 🏡 What you’ll learn today 1️⃣ Why today’s market is slower than it looks 2️⃣ How smart pricing attracts serious buyers 3️⃣ Why a single offer can reveal more than you expect 4️⃣ How timing can protect or erode your equity 5️⃣ Why experience matters even more in a slower market 6️⃣ How to build a plan that fits today’s conditions 🎅 You’re invited to Santa Photos in Fort Langley Join us at 9160 Church Street between 1 and 5. Families, friends, and pets welcome. All donations support LAPS. 📍 About me I’m Andy Schildhorn with Macdonald Realty. Your Langley and Fraser Valley Realtor. 30 years helping sellers make smart, confident decisions. ☎️ Let’s connect Book a meeting: https://rly.forsale/Chat-with-Andy





