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leffersandrook.com

November 2018 Issue
604-575-5262
Leffers and Rook Real Estate
Market Insider

Hello Friend

Winter is quickly approaching! We hope you got out and enjoyed the amazing fall weather we had! At Leffers and Rook we are always working hard for our clients to reach the best results possible. With buyers still on edge to jump into the market, we are making sure we are priced and marketed right to appeal to the buyers that are out there. The market has changed and we are seeing prices drop anywhere from 8-12% depending on property type and location. We are forecasting this trend to continue until the New Year and then hoping for a more stable market. Thanks to all our clients for choosing us and we look forward to serving you! 

We also have some exciting news in our office! Christmas came early for our partner Darren, and his wife Renee. They welcomed a new baby girl, Joelle, into the world at the end of October. Congratulations to them!

Leffers and Rook Real Estate
Leffers and Rook Real Estate
A Move In The Right Direction
Homelife Benchmark Titus Realty
604-575-5262
leffersandrook.com

Glow Christmas returns to Langley

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Journey through an epic 210 foot long illuminated light tunnel this month

Glow Christmas returns to Langley for another season of festive enchantment.

As the only major Christmas attraction in the Fraser Valley, it offers guests an impressive variety of Christmas displays, as well as a market in a greenhouse at Langley’s Miller Garden Centre.

Over a million lights will twinkle in the event’s four displays, and one of them is an impressive, 63-metre-long illuminated tunnel. The event expanded this year, and now stretches over 4,000 square meters and features themed rooms that follow Santa’s global journey.

What’s more, the annual festival runs for nearly three weeks longer than in previous years, allowing you ample time to visit, or to visit a few times.

The market showcases work from numerous artisans and boutiques, and there are a plethora of mouthwatering food-trucks on hand for when you get hungry. In fact, the market offers over 40 vendors, so you are sure to find the perfect holiday gift (or a fun treat for yourself.)

The playground offers an area for children to enjoy some festive fun, while the adults have a chance to enjoy a festive alcoholic beverage from the bar.

The jolly event kicks off on November 22 this year, and runs until January 19, 2019.

October brings slight bump to sales for Fraser Valley

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The Fraser Valley housing market saw slight increases in both total transactions and overall inventory this month after sales hit their lowest point for the year in September.

The Fraser Valley Real Estate Board processed 1,155 sales of all property types on its Multiple Listing Service® (MLS®) in October, a decrease of 35.8 per cent compared to the 1,779 sales in October of last year, and a 11.6 per cent increase compared to sales in September 2018.

Of the 1,155 sales, 438 were residential detached homes, 306 were townhouses, and 292 were apartments.

“While slight, this is the first time since May that sales here have been on the upswing.” said John Barbisan, President of the Board. “We’re beneath typical activity levels for this time of year but it’s good to see that buyers and sellers are still finding success this season.”

Click here for the full report.

Chilliwack Market Watch - Detached

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Stats are calculated comparing October 2018 to October 2017 .

To see more information on local stats in Chilliwack, please click here.

Surrey Market Watch - Detached

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Stats are calculated comparing October 2018 to October 2017 .

To see more information on local stats in Surrey, please click here.

Langley Market Watch - Detached

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Stats are calculated comparing October 2018 to October 2017 .

To see more information on local stats in Langley, please click here.

Abbotsford Market Watch - Detached

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Stats are calculated comparing October 2018 to October 2017 .

To see more information on local stats in Abbotsford, please click here.

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