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Presley MLS® Listings
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Building Info
Presley - 19749 55 Avenue, Langley City, BC V3A 0M2 Canada. Crossroads are 55A Avenue and 198 Street located in Langley City. Presley has a total of 36 units and has 4 stories. Sizes range from 1399 to 1878 square feet. The development is scheduled for completion in 2021. Presley is a new townhouse developed by Sync Properties. Experience life in a welcoming Langley community perfect for people in all stages of life. A blend of recreation, nature, education and city convenience ensures every day is meaningful.
Nearby Schools are Global Monetessori School, Nicomekl Elementary School, Latimar Road Elementary School, Douglas Park Community School, Fraser Valley School, H.D. Stafford Middle School, EngKidz and Langley Meadows Community. Supermarkets and grocery stores nearby are Save-On-Foods, Crosstown Food Market, Safeway Willowbrook, Michael's No Frills, Real Canadian Superstore and Stop N Shop Supermarket.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totaled 30,944 in 2020, a 22.1 percent increase from the 25,351 sales recorded in 2019, and a 25.7 percent increase from the 24,619 homes sold in 2018.
November 2020 Market Insights
REBGV 23% increase on Listing in MLS from last year. For November 2020 over 4068 newly listed. Continuing demand for Detached Home and Townhouse with the benchmark price of $1,044,000
October 2020 Market Insights
October 2020 showing a robust Sales-to-Active Listing Ratio with a high mark of 30% means that Market conditions prices typically stable based on the given the baseline of 12-20%. Based on this given data the continued demand for Townhomes, Detached Homes
September 2020 Market Insights
September had a fantastic sales of 56% over the same period last year. Listings were 32% over last year
Real Estate Related News Articles(Sun and Province)Search News
Covid-19 pandemic cause increase demand for housing
“In the absence of a marked uptick in inventory, the current relationship between demand and supply supports continued double-digit average home price growth this year,” the real estate board’s chief market analyst, Jason Mercer, commented in the report.
The province has already introduced and extended a rent freeze during the COVID-19 pandemic, and it says in a news release Monday that new legislative changes will keep it in place through Dec. 31.
The pros and cons of purchasing the upgraded condo building compare to the newly build one
“Capacity is also a problem—most managers struggle to keep up with their day-to-day activities, so targeting reductions doesn’t happen much because they’re trying to keep their heads above water.”
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