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MLS® Disclaimer for BC: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
Building Info
River Wynde - 5550 Langley Bypass, Langley, BC V3A 7Z3, Strata Plan No. NWS2871, 1 levels, 99 townhouses - located at the corner of Langley Bypass and 56th Avenue in Langley City. River Wynde is a gated cul-de-sac community that offers privacy and security. These beautiful Rancher-style adult townhomes include roofs replaced in 2003, new hot water tank and furnace serviced in 2010, cozy fireplaces, vaulted ceiling in living rooms, laminate floors, large walk-in closets with plenty of shelves for organization, walk-in Premier Care in Bathing bathtub, built-in vacuum, double car garages, in suite laundry and crawl space, private yards and gardens, and views of the scenic lagoon with koa and ducks. The complex also has a Club House with games, kitchen, workshop and social events! Situated at the heart of Langley City beside Nicomekl Park, public transit, grocery, retail and services, everything is just next door to you. Also you will find spectacular parks, golf courses, biking and walking trails and generous green spaces that are as free flowing and open as the expansive homes at River Wynde. River Wynde i smanaged by Baywest 604-591-6060. Age Restrictions: 55+, Pets Not Allowed, Rentals Not Allowed.
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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