Learn about Langley's Community as part of MLA Canada's Neighbourhood Spotlight Series with President, Ryan Lalonde, and Managing Director for the Fraser Valley, Brittany Reimer.

Nestled in the Fraser Valley, Langley is a strong family-oriented community with prospering residential areas for those looking to grow their family and careers while staying connected to neighbouring cities, including Metro Vancouver. Its charming community feel spread across a variety of suburban neighbourhoods provides Langley residents with a high-quality lifestyle.

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Learn more about the latest Fraser Valley pre-sale and resale data and some trends we're seeing in the area affecting the local real estate market by watching the latest Fraser Valley edition of MLA Canada's Pre-sale Pulse. Featuring MLA Canada’s President, Ryan Lalonde, and Managing Director for the Fraser Valley, Brittany Reimer.

"Month over month, sales and listings dropped 10.7% and 10.5% respectively. It should be noted that the decline in sales is proportional to the decline in inventory in the market. As headlines have shown, July saw its third highest sales in the Fraser Valley in the last 10 years, with inventory decreasing to levels not seen since the 1980's; dare I say, another record? Well, it was," states Reimer.

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MLA Canada | Real Estate Intelligent
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Check out our latest Pre-sale Pulse episode, covering the latest in-depth macroeconomic factors, pre-sale and resale data in Greater Vancouver, and the hottest trending topics affecting the real estate industry to watch out for.

View our upcoming pre-sale projects

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MLA Canada | Real Estate Intelligent
100-856 Homer St., Vancouver BC
@mlacanada | LinkedIn | Instagram | Facebook | Twitter | RedBook | WeChat 

Watch the latest Fraser Valley edition of MLA Canada’s Pre-sale Pulse covering both pre-sale and resale data in the area affecting the local real estate market.

Read our full Pre-sale report: https://mlacanada.com/newsfeed/july-2021-pre-sale-real-estate-insights
Watch the latest Pre-sale Pulse for Greater Vancouver here: https://www.youtube.com/watch?v=xXZH-Tzu6iM

For direct access to future Pre-sale Pulse episodes and more, subscribe to the MLA Canada Newswire. Not only that, but you will also receive access to daily updates on the latest real estate industry insights, news, home buying, architecture, design, cultural, and technology trends.

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MLA Canada | Real Estate Intelligent
100-856 Homer St., Vancouver BC
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Check out our latest Pre-sale Pulse episode, covering the latest in-depth macroeconomic factors, pre-sale and resale data in Greater Vancouver, and the hottest trending topics affecting the real estate industry to watch out for.

“As expected, market levels have hit a strong but more sustainable level as we enter the summer. Although technically down from our historic peak in March, overall market activity remains quite high and added presale inventory will provide options for buyers as we see current conditions level off through to the Fall." Suzana Goncalves EVP, SALES AND MARKETING; PARTNER, MLA CANADA.

Watch the video now: https://youtu.be/xXZH-Tzu6iM

Read our full report here: https://mlacanada.com/newsfeed/july-2021-pre-sale-real-estate-insights

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Upcoming Pre-sale Projects to watch out for:
Block, by Amacon: https://mlacanada.com/project/block

MLA Canada | Real Estate Intelligent
100-856 Homer St., Vancouver BC
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As part of MLA Canada’s 20 Years of Real Estate Success Celebrations, we invite you to join Ryan Lalonde, President, and Cameron McNeill, Executive Director, as they review some of the most captivating headlines from their past 20 years in real estate.

"That’s a complicated question. If the past 20 years has proven anything, it’s that local real estate will continue to be heavily influenced by global factors, no matter how remote or insignificant they may appear. 
 
The years ahead will likely resemble the years of the past. History has a habit of repeating itself, and the more we can all remind ourselves, that this time, it’s no different, the more successful we will be as a province and nation in organizing around change.   
 
Like so many other precious resources, real estate is limited in supply. And like those resources that are in high demand, destination cities like Vancouver, will be the scarcest, and expensive to live in.   
 
As a result, we should all expect the conversation of affordability, taxation, and housing as an essential need of Canadians, to continue to dominate the headlines," expresses Lalonde.

Visit our MLA Canada 20th Anniversary Celebrations Page: https://mlacanada.com/20-years-of-real-estate-successes

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MLA Canada | Real Estate Intelligent
100-856 Homer St., Vancouver BC
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As part of MLA Canada’s 20 Years of Real Estate Success Celebrations, we invite you to join Ryan Lalonde, President, and Cameron McNeill, Executive Director, as they review some of the most captivating headlines from their past 20 years in real estate.

"As you know, we work so closely with our development partners,  assisting them with bringing their projects to fulfillment. Equally, we work closely with new homeowners to help them realize their dreams. Whenever there are large swings of the real estate market – both up and down - it creates significant anxiety – often hardship. So headlines that exaggerate or speculate on the real estate cycle are really upsetting. And because they affect the buying public, they exasperate the cycle creating unnecessary instability.

However, a slow, growing, stable market without any surprises doesn’t make very exciting headlines! We've seen this pattern before, and yet the foundations of our industry and market remain strong. Canada, British Columbia, and Vancouver will grow dramatically in the next 20 years. There will be struggle to continue to make our cities among the best in the world to live in, yet we will rise to that occasion, " stresses McNeill.

Visit our MLA Canada 20th Anniversary Celebrations Page: https://mlacanada.com/20-years-of-real-estate-successes

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MLA Canada | Real Estate Intelligent
100-856 Homer St., Vancouver BC
@mlacanada | LinkedIn | Instagram | Facebook | Twitter | RedBook | WeChat 

As part of MLA Canada’s 20 Years of Real Estate Success Celebrations, we invite you to join Ryan Lalonde, President, and Cameron McNeill, Executive Director, as they review some of the most captivating headlines from their past 20 years in real estate. 

"The market was starting to swing back in late 2019. At MLA Canada, we were predicting a huge “snap-back in the first half of 2020” as consumers rushed back into the market and supply remained constrained. But then COVID hit in March of 2020 and completely stalled the market, as everyone reeled and retooled and tried to understand how the pandemic would impact them. It was a very frightening time. But COVID only held the floodgates closed a little longer, building up additional pressure. As many people started to come to terms with their new realities and how to be productive, learn new patterns, understand that our world will persevere, the floodgates opened. And wow – what a rush it has been.   
 
I feel there are two lessons here. One - that government intervention creates more violent swing in the market. And secondly, that Canadians, in general, are incredibly resilient and the vast majority have faith that the world will be a better place in the future," says McNeill.

Visit our MLA Canada 20th Anniversary Celebrations Page: https://mlacanada.com/20-years-of-real-estate-successes

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MLA Canada | Real Estate Intelligent
100-856 Homer St., Vancouver BC
@mlacanada | LinkedIn | Instagram | Facebook | Twitter | RedBook | WeChat 

As part of MLA Canada’s 20 Years of Real Estate Success Celebrations, we invite you to join Ryan Lalonde, President, and Cameron McNeill, Executive Director, as they review some of the most captivating headlines from their past 20 years in real estate. 

“We had a government lead real estate slump, but our basic real estate fundaments remained strong. Vancouver enjoyed strong population growth, constrained new housing supply, and low cost of debt. But the impact was on consumer confidence. Homeowners and investors were waiting and watching. Overall values softened – especially detached – concrete presale off some 20% from the highs that were just 24 months earlier. And yet, townhome values remained reasonably resilient. However, overall values were not strong enough to support new development activity, so projects of all types paused, leading to a supply shortage,” explains McNeill.

Visit our MLA Canada 20th Anniversary Celebrations Page: https://mlacanada.com/20-years-of-real-estate-successes

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MLA Canada | Real Estate Intelligent
100-856 Homer St., Vancouver BC
@mlacanada | LinkedIn | Instagram | Facebook | Twitter | RedBook | WeChat 

As part of MLA Canada’s 20 Years of Real Estate Success Celebrations, we invite you to join Ryan Lalonde, President, and Cameron McNeill, Executive Director, as they review some of the most captivating headlines from their past 20 years in real estate. 

"We could get lost in this question all morning.
 Bill 28 was introduced by the BC government on July 25. 2016. The Bill amended the property transfer act overnight and included an additional 15% transfer tax on foreign entities buying property in Metro Vancouver.
 
The purpose of this policy was to reduce demand in specific micro-markets where it was believed that foreign demand was concentrating its home-buying activities.
 
In the lead up to enactment, various neighbourhoods in Metro Vancouver, experienced aggressive price growth, including active neighbourhoods like West Vancouver, Shaughnessy, Marine, and UBC. The immediate impact of the policy proved to be effective on specific markets, wiping away years of equity growth.
 
What you will not read about, is how the appetite for Canadian real estate was not snuffed out, but merely redirected. As a result, the same buyer groups that this policy was aimed at, redirected their interest towards presale condos, spurring one of the biggest presale price growth markets on record.
 
From 2014 to 2018, presale in every market doubled in value, with much of this growth occurring post-Bill 28.
 
So if our viewers are wondering why the market escalated so quickly in these years, we can thank in part Bill 28," explains Lalonde. 

Visit our MLA Canada 20th Anniversary Celebrations Page: https://mlacanada.com/20-years-of-real-estate-successes

Subscribe to MLA Canada's Newswire: https://realestateinsider.mlacanada.com

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MLA Canada | Real Estate Intelligent
100-856 Homer St., Vancouver BC
@mlacanada | LinkedIn | Instagram | Facebook | Twitter | RedBook | WeChat