Houses are still selling

Housing sales diverge in Langley

House sales continued to decline compared to other types.

Housing sales continued to fall while condo sales grew both in Langley and around the Fraser Valley in November.

Statistics released by the Fraser Valley Real Estate Board (FVREB) showed that the drop in sales of detached houses continued.

In November 82 houses changed hands, down 25.5 per cent from the same month in 2015. Townhouses sales were at 72, down 7.7 per cent.

Condo sales jumped by 27.3 per cent, year over year, with 70 condos selling this November.

The benchmark price of a detached home in Langley remained historically high, at $871,600, but dropped slightly from $881,600 in October. It is still up 30.8 per cent from a year ago.

Benchmark townhouse prices are also up, 35.3 per cent to $437,100 from prices a year ago, while condos jumped 27.3 per cent to $265,800.

FVREB president Charles Wiebe said the last four months represented a slow return to “a more normal market for sales and listing activity.”

The FVREB covers North Delta, Surrey, White Rock, Langley, Abbotsford, and Mission.

Sales patterns were similar in the rest of the Lower Mainland.

 

Just Posted

Langley East MLA could testify in logging lawsuit

Rich Coleman has been put on the witness list for a lawsuit against TimberWest.

WATCH: Kwantlen artist paints and installs Indigenous mural in Fort Langley

First Nations painter Brandon Gabriel created a piece of art for Cranberries Naturally.

Surrey woman plans to travel after winning $500,000

Frances Jarvos bought her winning ticket at Willowbrook Mall in Langley

New Langley resident takes to the stage in upcoming musical

Leah Newson is performing in Annie: The Musical in Burnaby starting Feb. 1.

Day 3 brings fourth win for the Langley-based Team BC

Tyler Tardi and squad plays two games Tuesday at the junior curling nationals in Saskatchewan.

WATCH: Kwantlen artist paints and installs Indigenous mural in Fort Langley

First Nations painter Brandon Gabriel created a piece of art for Cranberries Naturally.

B.C. man fined $10,000 after leaving moose to suffer before death

Surrey man was convicted last week on three Wildlife Act charges

‘Blue Monday’ isn’t real, but depression can be

CMHA encourages people to prioritize their mental health

South Surrey mother didn’t have the intent to kill her daughter: defence

Closing submissions in case of Lisa Batstone underway

Anti-pipeline group wants NEB to consider impact of emissions, climate change

Stand.earth filed NEB motion asking to apply same standard to the project as it did with Energy East pipeline

B.C. man charged in 2014 snake venom death of toddler

Henry Thomas was taking care of the North Vancouver girl the day before she died

Parole granted for drunk driver who killed B.C. RCMP officer

Kenneth Jacob Fenton will be able to attend alcohol abuse treatment, nearly three years after crash that killed Const. Sarah Beckett

B.C.’s largest public-sector union wants inquiry into money laundering, drugs

Union officials say Premier John Horgan and Attorney General David Eby have not ruled out the possibility of a public inquiry

Aldergrove soccer tournament set for March 30-31

2019 edition of the Barry Bauder Memorial Soccer Tournament taking registrations

Most Read