Surrey, Cloverdale, & Langley - November 19 Real Estate Market Update

November Market Overview: In the vast landscape of real estate, November has revealed intriguing patterns in Surrey, Cloverdale, and Langley. Discover the pace of new listings, with a special focus on the remarkable decline in townhomes and condos. This comprehensive overview sets the stage for understanding the dynamics at play.

Sales Uptick: While new listings may have seen a slowdown, the sales front tells a different story. Surrey and Langley have witnessed an upward trend in property sales, indicating resilience in the market. Though sales figures may lag behind the previous month, we remain optimistic about the current positive trajectory.

Mortgage Insights: For prospective buyers and homeowners, our blog brings promising news about fixed-rate mortgages. A slight drop of up to a quarter percent could potentially ease financial burdens. Stay informed about the latest mortgage trends to make well-calculated decisions in the ever-evolving real estate landscape.

Looking Ahead: Inflation Rate Impact: Our crystal ball gazes towards the future as we highlight the significance of the upcoming inflation rate announcement. Gain foresight into how this economic factor might influence the real estate market. Our commitment is to keep you informed and prepared for any impending changes.

Contact us through:

📱Call/Text: PJ @ 604-725-1258 & Razaik @ 604-537-8447
📧 Email: info@cheemagroup.ca

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