November 2020 Newsletter

Andy Schildhorn • November 23, 2020

Hello and Welcome to our November Newsletter.

The B.C. Real Estate Association predicts the average price of a home by the end of this year will rise 9.9 percent over 2019. We are seeing multiple offers and homes selling sight unseen. This in spite of all previous government intervention. Where will this market go?

Our featured listing this month is 213 8880 202 Street. The Residence. Centrally located in Walnut Grove this senior living complex features concierge service and this particular home has sweeping views of the private gardens from a huge oversized balcony.

Our Langley Infographic confirms the continuing strength of our local market. It is a Seller’s market all the way around.

This month’s Langley’s feature is Derby Reach Park. Located in North Langley, featuring scenic trails along the Fraser River and a forest loop along the Houston Trail. The best off Leash Park in Langley can be found here.

Isabel Brew’s comments are greatly appreciated. With Covid, safety cautions are most important with our elderly clients.

Rita Cousins Mortgage Broker discusses concern if you are going through a separation or divorce.

In the News, Realtors are asked to stop holding Open Houses. I cannot agree more. We have so much technology and we should use it.
 
As always feel free to reach out if you have any Real Estate questions. I am always available to discuss what is in your best interest going forward.  

That’s it for this month. Thanks for dropping by have a great day and I look forward to hearing from you soon.

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Join our Facebook Live on December 12th at 10:00 AM: https://rly.forsale/AndyTalksRealEstate The latest numbers from the Fraser Valley Real Estate Board show a quieter market, softer pricing and higher inventory as we head into the holidays. In this video, I walk through the November data, the December slowdown and what early indicators suggest for 2026. Here’s what I cover: Inventory trends across Langley and the Fraser Valley November sales and why activity continues to soften Detached, townhome and condo benchmark pricing The 43% jump in CMHC-insured mortgages How lending changes may influence early 2026 What buyers and sellers should focus on right now 🔔 Subscribe and ring the bell for weekly insights, local updates and the numbers that matter in the Fraser Valley. 📊 Full November 2025 Stats (FVREB): https://rly.forsale/Nov2025Stats 📅 Book a time with me: https://calendly.com/andyschildhorn 📞 778.835.8957 📧 andy@andytherealtor.com 🌐 www.AndytheRealtor.com
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