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The Sonnet MLS® Listings
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Building Info
The Sonnet - 5430 201 Street Langley, BC V3A 0A2 - Located in the heart of Langley City on 201 Street and Michaud Crescent. This is a convenient location that is close to transit, Willowbrook Shopping Centre, Costco, Cascade Casino, Douglas Park Community, Fraser Valley Public Library, schools at all levels, restaurants, recreation and more! Direct access to major transportation routes allows an easy commute to surrounding destinations including Surrey, Downtown Vancouver and Abbotsford. The Sonnet is a four storey building that offers 85 beautiful homes built in 2006 and are professionally managed. Most homes feature spacious floor plans, granite countertops, undermount sinks in kitchens, deep soaker tubs, insuite laundry, ample windows that boast views of the Northshore Mountains and oversized balconies. This is a well maintained building with many features that include central air conditioning, a bike room, elevators, exercise room, recreation centre, wheelchair access, meeting rooms, manicured gardens, lush landscaping, secured parking and visitor parking. Luxury begins at the round-a-bout entrance that has a beautiful water feature and continues as you step into the two storey grand foyer. The Sonnet is a desirable condo community that is suitable for all lifestyles - Live here today!
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
August 2020 Market insights
Home sales in August were up 37% over August 2019. Listings weere 55% over August 2019
Real Estate Related News Articles(Sun and Province)Search News
Economist are optimistic for Canada’s economy that will recovery from the pandemic
Chief economists from Canada's big banks expect the economy to rebound this year, but say failing to control COVID-19 or get vaccines into arms could upend that recovery
REBGV, B.C year ending sales report shows that home sales were strong
The Real Estate Board of Greater Vancouver says real estate activity ended 2020 on a positive note driven by low interest rates despite COVID-19, overcoming the setbacks that were seen in the spring.
B.C Government administer the grant for homeowner and sets this year's threshold at $1.625M
The grant is reduced by $5 for every $1,000 of assessed value above the threshold. Some low-income seniors, veterans and people with disabilities can also apply for a supplement that replaces any grant amount they lose because the value of their home is over the threshold.
REBGV - 53.4% home sales increase over the same time in 2019
“Robust December sales outpaced long-term averages in what’s traditionally the quietest month of the year in real estate. This was part of an unusual seasonal pattern the market followed last year, which can be attributed in large part to the pandemic,” said REBGV President Colette Gerber.
Let’s take a look with regards forecast buying and selling for Canadian real estate in 2021
CIBC recently came out with one of the banking sector’s more optimistic views for the Canadian housing market, a modest increase of 2.4% in real estate prices by October.