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During the upcoming Local Government Election, eligible Langley City voters will have the opportunity to share their views on two proposed community facility expansions through a non-binding Community Opinion Vote. Read More Here
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Sales surged to 299 (+78%) this week, while new listings slipped 9% to 543 . The sharp increase follows last week's unusually quiet holiday period and signals that buyers are returning to the market. Looking at the year-to-date trend, the Fraser Valley continues to be a balanced market . Inventory remains healthy, buyers are negotiating, and the 5.6% gap between list and sale price has stayed remarkably consistent. Well-priced homes continue to sell, while properties priced above market are taking longer to attract offers.
Three years of real-world experience have confirmed what many of us predicted: Canada’s foreign buyer ban has had a negligible impact on home prices, but it did help bring on the deep freeze in the condo market. F ull Article here
SURREY, BC – Fraser Valley home prices continued to edge downward in July, with the composite Benchmark price down 0.8 per cent from June and down seven per cent year-over-year. Despite improving affordability, buyers remained cautious, keeping sales well below typical seasonal levels. The Fraser Valley Real Estate Board recorded 1,089 sales on its Multiple Listing Service® (MLS®) in July, a five per cent decrease from June and nine per cent below the same month last year.
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Sales dropped to 168 (-31%) , while new listings eased 9% to 599 , making this the quietest week we've seen in several months. The slowdown reflects the typical summer holiday season, with both buyers and sellers taking a pause. Even so, the market remains balanced. The 6.7% gap between list and sale price shows buyers are still negotiating, while well-priced homes continue to attract interest.🧊📉
Lan gley topped the list for the community that loves its cats the most, based on adoptions, and the purchase of toys, treats, and other enrichment products. Click here to purr
