NEWS

Political uncertainty in the United States is prompting many Canadians to sell their homes south of the border, according to a new Royal LePage survey. The survey, conducted by Burson, found that more than half (54 per cent) of Canadians who own residential property in the U.S. plan to sell within the next year. Of those, nearly two-thirds (62 per cent) cited concerns about the current U.S. administration as their main reason. “The polarizing political climate in the United States is prompting many Canadians to reconsider how and where they spend their time and money,” said Phil Soper, president and CEO of Royal LePage. “Canadians have been the most important foreign investors in America’s residential real estate market for years, and a significant wave of property sales would leave a noticeable mark on the regional economies that snowbirds support.” Other sellers pointed to personal and financial reasons (33 per cent) or worsening weather conditions, such as hurricanes and flooding (five per cent). 👉 More Details Here

Are you seeing more For Sale signs lingering in your neighbourhood? You’re not imagining it. Sales are now 36% below the 10-year August average — proof that the Fraser Valley and Langley real estate market has shifted. In this August 2025 market update, Andy Schildhorn — your trusted Langley and Fraser Valley Realtor with over 30 years of experience — breaks down the numbers you need to know, whether you're a buyer, a seller, or just watching the trends. Here’s what you'll learn in this video: 0:00 - Intro 1:15 - Sales Activity (drop in sales) 2:30 - Inventory Levels & Days on Market 3:50 - The Confirmed "Deep Buyer's Market" 5:10 - Price Trends for Detached, Townhomes, & Condos 6:45 - Market Psychology: What This Means for You 8:00 - The Opportunity for Buyers & Sellers Key highlights from the report: Sales down 22% from July, and 13% year-over-year Active listings up 20% compared to last year Sales-to-active listings ratio at 9% (deep buyer's market) Sharp pricing + professional marketing = the keys to selling today Want the full detailed stats report? 👉 https://rly.forsale/Aug2025-Stats Will a Fall Recovery happen as buyers step off the sidelines to take advantage of softer prices? Watch to find out.

From hearty comfort foods to sweet treats, vendors are preparing to feed thousands of hungry visitors who will pack Aldergrove’s streets on Saturday, Sept. 6. Among them is Veronica’s Perogies, a local favourite that’s been part of the event for years. Owner Veronica Cave said her team has been working around the clock to get ready. “We’re going to start early. We’re going to start at 7:00 a.m. cooking up perogies,” Cave explained. To keep up with demand, Cave will have six staff members on hand and two setups, their Aldergrove storefront and a branded tent along Fraser Highway. “We’re planning to do probably about four days of production and that would probably be about 600 dozen perogies…that’s 7,200 perogies.” Cave said she plans on doing a “Cruise-In special” but hasn’t quite decided what it’s going to be. 👉 More Details Here

SURREY, BC – Fraser Valley home sales fell more than 20 per cent in August, but buyers who did get into the market were able to take advantage of favourable conditions including abundant choice, softer prices and more time to make decisions. The Fraser Valley Real Estate Board recorded 931 sales on its Multiple Listing Service® (MLS®) in August, down 22 per cent from July and down 13 per cent year-over-year. August sales were 36 per cent below the 10-year average. The Fraser Valley buyer’s market remains strong with inventory levels holding relatively stable, down just two per cent to 10,445 active listings. Newly listed homes declined 19 per cent month-over-month to 2,793; up half a per cent year-over-year. The overall sales-to-active listings ratio for August dropped to nine per cent, down two per cent from July. The market is considered balanced when the ratio is between 12 per cent and 20 per cent.