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Tandem MLS® Listings
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Building Info
Tandem - 5475 199A Street, Langley City, BC V3A 1J7, Canada. Crossroads are 199A Street and Brydon Crescent located in Langley City. The development was completed in 2020. TANDEM has a total of 13 units and has 4 stories. Sizes range from 1443 to 1502 square feet. Features include open concept kitchen/living room, ROOF TOP TERRACE with mountain views, brand new SS Appliances and washer/dryer, quartz countertops, visitor parking and a two car tandem garage.
Nearby Schools are Nicomekl Elementary School, Park Community School, Global Montessori School, Fraser Valley School, Simonds Elementary School, Langley Meadows Community School, Latimer Road Elementary School, New Directions English Language School and Mark Anthony Acadeny of Cosmetology. Supermarkets and grocery stores nearby are IGA, Save-On-Foods, Real Canadian Superstore, Crosstown Food Market, Safeway Willowbrook and Michael's No Frills. Nearby parks include Brydon Park, Sendall Gardens and Portage Park.
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.
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