November 2022 Newsletter

Andy Schildhorn • November 15, 2022
 HELLO EVERYONE AND WELCOME TO OUR NOVEMBER NEWSLETTER!

The Bank of Canada's last interest rate hike was less than many economists predicted, which one economist thought perhaps the rate is close to peaking. That doesn't mean the sting won't still be felt by Canadians.

8902 Wright St. in Fort Langley. Pride of Ownership shows throughout this large updated 2-storey plus basement family home sitting on an extra-large 12,600 sq ft lot.

This month’s Facebook Live talks about real estate stats and our community. Where is the market headed? How do the numbers affect your selling house or buying a home?

Working with the BC Farm Museum Association was a 2 year project. Successfully ending with the Museum now having the ability to expand.

Our Langley Market Report is showing detached home prices are up 2.4% from last year, with listings up by 96% and sales volume down by 36.2% year over year. The same could be said for Condos and Townhomes in the Langley area. I should add pricing is down by about 19% from the market high in April.

Myles of Smiles Open Mic is every Thursday with a host musician leading off with a few songs, followed by anyone who shows up to perform. Both emerging and established, young and older musicians share the intimate stage.

Rita Cousins, Mortgage Broker, talks about refinancing your mortgage and the benefits of doing so.

In real estate news. Is this the beginning of the end for rate hikes? Have we seen the peak? Read more.

Well, that’s it for this month. Want to talk Real Estate? Let my 25-plus years help guide you through these 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.
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