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The Fraser Valley buyer's market is becoming more apparent as homebuyers gain more leverage. For the first time in months, buyers are benefiting from a larger selection of homes and softening prices. This shift is providing greater opportunities for those looking to purchase in the Fraser Valley. Here's everything you need to know.

Fraser Valley Sales Numbers Show Buyer Advantage

In February 2025, the Fraser Valley saw 920 home sales, which is a 13% increase from January. However, it’s still 26% below the number of sales from the same month last year. Despite this drop, the trend is moving toward a buyer's market.

More Homes Available for Buyers

The number of new listings in February fell by 9%, but new listings still remained 14% above the 10-year seasonal average, at 3,121 homes. Total active listings in the region stood at 8,070, which is 45% higher than in February 2024. More inventory means that buyers have a larger selection to choose from.

Fraser Valley is a Clear Buyer’s Market

With the sales-to-active listings ratio at just 11%, the Fraser Valley is firmly in a buyer’s market. A typical balanced market would see a ratio between 12% and 20%. This lower ratio signals that buyers have more room to negotiate, giving them more power in the market.

Homes Taking Longer to Sell in the Fraser Valley

Homes are taking longer to sell, which is another sign that buyers have more time to make decisions. Single-family detached homes averaged 39 days on the market in February. Condos took 36 days, while townhomes took 32 days. This extra time gives buyers more flexibility.

Price Adjustments in Fraser Valley

The overall price in the Fraser Valley dropped slightly in February. The benchmark price for homes fell by 0.2%, now sitting at $962,500. Prices in specific categories saw minor changes:

• Single-family homes: $1,489,100 (0.5% increase from January)

• Townhomes: $820,600 (0.7% decrease from January)

• Condos: $533,200 (0.3% decrease from January)

What Does This Mean for Buyers?

For those looking to buy a home in the Fraser Valley, now is a good time to explore the market. With more homes available, and prices continuing to soften, buyers can take their time making decisions. The shift to a Fraser Valley buyer’s market provides plenty of opportunities, especially if the current trend continues.

For more details on Fraser Valley real estate, check out the full report from the Fraser Valley Real Estate Board and the latest market data.

B.C. Secondary-Suite Incentive Program Canceled Due to Economic Uncertainty

Homeowners in British Columbia looking to build secondary suites will no longer have access to the B.C. secondary-suite incentive program. The B.C. government has announced that the pilot program will stop accepting applications after March 30, citing "uncertain financial times" as the main reason for its cancellation.

Why Is the B.C. Secondary-Suite Incentive Program Being Canceled?

According to the B.C. government, economic uncertainty and an unpredictable tariff situation with the United States have led to tough financial decisions. Housing Minister Ravi Kahlon stated that the government wants to ensure the best value for housing investments.

Another key factor is the federal government's upcoming program, which will provide similar assistance. The provincial program offered up to $40,000 in forgivable loans to eligible homeowners to cover construction costs for a new suite. In contrast, the federal initiative, once launched, is expected to provide up to $80,000 in low-interest loans. Rather than duplicate efforts, B.C. has decided to step back and let the federal program take over.

What Happens to Existing Applicants?

Homeowners who have already started the application process for the program and have the necessary permits and cost estimates can still submit their applications before the deadline. However, new applicants will not be accepted after March 30.

What This Means for Homeowners

For those planning to build secondary suites, the cancellation of the B.C. secondary-suite incentive program may be disappointing. However, the federal government's upcoming program could offer an alternative. Homeowners interested in financial support for secondary-suite construction should stay updated on federal announcements.

Learn More

For more details on the cancellation and upcoming federal initiatives, visit:

• Government of British Columbia Housing Updates

• Canada Mortgage and Housing Corporation (CMHC)

As housing affordability remains a priority, homeowners should explore other provincial and federal programs that may support their secondary-suite projects.

The value of Canadian farmland values in 2024 continued its steady rise, with an average increase of 9.3% nationwide. While this marks a slower pace than 2023, it still surpasses the five-year (8.6%) and ten-year (9.1%) averages. Various factors, including land demand, interest rates, and agricultural profitability, have contributed to these shifts. Below, we break down key trends and influencing factors.

Provincial Trends in Canadian Farmland Values 2024

Between January 1 and December 31, 2024, the highest increase in occurred in Saskatchewan, up by 13.1%, followed by British Columbia (11.3%) and New Brunswick (9.0%). Other provinces experienced growth below the national average.

It is essential to note that Saskatchewan, home to the largest cultivated farmland area, significantly impacts the national average. Alberta and Manitoba are the second and third largest contributors, respectively.

Key Factors Affecting Farmland Values in 2024

Several factors influence the continued increase in farmland values in 2024:

• Farm Profitability: Higher net margins in agriculture often lead to greater willingness to purchase land. The 2018-2020 period saw the smallest increases in farmland values, coinciding with lower farm profitability.

• Interest Rates: The Bank of Canada began cutting rates in June 2024, reducing borrowing costs. However, rates remain relatively high compared to previous years, impacting purchasing decisions.

• Supply and Demand: A limited supply of farmland and ongoing demand from investors and farming operations contributed to rising values.

Irrigated and Pastureland Values

Irrigated land values in Western Canada increased across all regions. In 2024, Saskatchewan led with a 25.8% increase, followed by Alberta (8.6%) and British Columbia (4.4%). Irrigated land remains in high demand, particularly in drier Prairie regions, where projects like the Westside Irrigation Rehabilitation Project aim to support water access for agriculture.

Pastureland values, however, grew at a slower rate than in 2023. British Columbia saw a modest 1.1% increase, while Alberta recorded a 4.6% rise. Manitoba and Saskatchewan posted 8.6% and 8.9% growth, respectively. While cattle receipts increased by 11.4% in 2024, this was lower than previous years, affecting profitability in the sector and moderating land value growth.

Looking Ahead to 2025: What’s Next for Farmland Values?

The outlook for 2025 remains uncertain, with potential trade disruptions at the U.S.-Canada border posing risks for agricultural operations. Additionally, farmland values in 2024 have reached record highs relative to farm income, making future purchasing decisions more cautious.

Despite these challenges, technological advancements, economies of scale, and operational efficiencies continue to drive long-term growth in the agricultural sector. Farmers and investors alike should stay informed and prepared for evolving market conditions.

Welcome to Resort-Style Living at Waterstone!

If you're looking for a luxury condo for sale in Clayton, this Waterstone condo for sale is an incredible opportunity. Located at 105 6490 194 Street, Cloverdale, this 1-bedroom + den, 1-bathroom ground-floor unit offers privacy, modern design, and world-class amenities. With west-facing sunsets, a spacious private yard, and direct street access, this home is perfect for those who love convenience and outdoor living.

A Modern & Functional Home

Step inside this Waterstone condo for sale and experience stylish and functional living:

• Open-concept layout with bright living spaces and large windows.

• Chef’s kitchen featuring granite countertops, stainless steel appliances, and ample storage.

• Spacious covered deck and private yard with gate access – ideal for BBQs and entertaining.

• Den/Office space providing flexibility for remote work or a guest area.

• In-suite laundry and ample closet space for ultimate convenience.

• Includes 1 parking stall and 1 storage locker.

Resort-Style Amenities at Waterstone

This condo comes with access to over 15,000 sq. ft. of premium amenities, including:

• Indoor pool, hot tub, and sauna for ultimate relaxation.

• Fully equipped fitness center to maintain an active lifestyle.

• Fireside Lounge – perfect for gatherings and socializing.

• Theatre room for movie nights with friends and family.

• EV charging stations for eco-conscious homeowners.

Prime Clayton Location – Close to Everything!

One of the best features of this Waterstone condo for sale is its excellent location. You’ll be near:

• Willowbrook Shopping Centre – A top shopping destination with fashion stores, restaurants, and services.

• Katzie Elementary School – A highly rated school just minutes away.

• Clayton Community Centre – A modern facility offering a library, fitness center, and art spaces.

• Upcoming SkyTrain Expansion – Future SkyTrain access will add even more value to this location!

Pet & Rental Friendly – Ideal for Homeowners and Investors

This condo is pet-friendly (2 pets allowed, max weight of 44 lbs) and rental-friendly, making it a perfect option for both homeowners and investors. With high rental demand in Clayton, this property offers excellent investment potential.

Book a Viewing of This Waterstone Condo for Sale!

Don’t miss this chance to own a stunning Waterstone condo for sale. For more details or to schedule a private showing, contact Jared Gibbons, your trusted real estate agent.

📞 Call or text Jared Gibbons today!

Condo Sold in Port Coquitlam – Prime Downtown Location!

This beautifully designed 1,118 sq. ft. condo has officially found its new owner! Located in a fully rainscreened building, this home provided an unbeatable combination of location, style, and functionality. Steps away from the West Coast Express, PoCo Community Centre, shopping, dining, and green spaces, this condo sold in Port Coquitlam offered the ultimate in convenience and urban living.

Condo Sold in Port Coquitlam – Modern Living & High-Quality Finishes

This condo featured a contemporary interior with laminate flooring throughout and a cozy gas fireplace in the living room. The well-appointed kitchen boasted dark wood cabinets, Arborite countertops, stainless steel appliances, and vinyl flooring, making it a dream for home chefs. The oversized primary bedroom included a walk-in closet and a private ensuite, ensuring maximum comfort. Additionally, the home offered a second spacious bedroom and a beautifully updated guest bathroom.

Top-Tier Amenities & Convenient Location

With in-suite laundry, extra storage space, and two secure parking spots, this condo sold in Port Coquitlam was designed for practical living. Its prime location made it easy to access top-rated amenities, including:

• Gates Park – A beautiful park with walking trails, sports fields, and a playground

• Coquitlam Centre – A premier shopping destination with top retail stores

• West Coast Express – Quick and easy transit access to downtown Vancouver

• Riverside Secondary School – A top educational institution nearby

• PoCo Community Centre – Featuring fitness facilities, pools, and sports programs

Need a Similar Home? Contact Jared Gibbons!

If you’re looking for a condo in Port Coquitlam or need an experienced real estate agent to guide you through the buying or selling process, contact Jared Gibbons today. With over 10 years of experience, Jared specializes in helping clients find their ideal home in Port Coquitlam and beyond.

We’re excited to announce that this hobby farm for sale in 100 Mile House has officially sold! Located just 20 minutes from town at 4635 Canim-Hendrix Lake Road, 100 Mile House Forest Grove, this incredible property offered a perfect blend of space, productivity, and rural charm. Whether you’re an experienced farmer, a passionate gardener, or someone looking for a peaceful countryside retreat, this farm had everything to turn dreams into reality.

A Hobby Farm for Sale in 100 Mile House – A Farmer’s Dream

This expansive hobby farm featured perimeter and cross-fencing, ensuring efficient land use. With southern exposure and a 25-acre hayfield, it provided ideal growing conditions. The high-quality soil made it a gardener’s paradise. In addition, it included a 30' x 40' hay shed, multiple paddocks with lean-to shelters, and three yard hydrants. These features were perfect for managing livestock or growing crops.

Charming Farmhouse with Spectacular Views

The main floor had two spacious bedrooms, a full bathroom, and a living room with vaulted ceilings. These high ceilings showcased breathtaking panoramic views of the surrounding landscape. The upstairs loft offered flexible space for a primary bedroom, artist’s studio, or hobby area. Plus, it had a 2-piece ensuite bathroom. The basement included an unauthorized suite, providing extra living options or rental potential.

Explore Nearby Schools, Shopping & Recreation

Beyond the beauty of this hobby farm in 100 Mile House, its location in Forest Grove provided access to schools, shops, and outdoor recreation.

• Education: The Forest Grove Elementary School serves students from kindergarten to grade 7. It offers a welcoming, community-focused learning environment.

• Shopping & Essentials: The 100 Mile House town center offers convenient shopping, grocery stores, and essential services. Locals shop at Save-On-Foods for groceries and visit The Outlaw Urban Clothing Co. for fashion.

• Outdoor Recreation: The region is known as the Land of Hidden Waters, featuring beautiful lakes, hiking trails, and fishing spots.

• Adventure & Nature: Nearby Canim Lake and Wells Gray Provincial Park offer excellent hiking, wildlife viewing, and waterfalls like Canim and Mahood Falls.

Looking for a Hobby Farm for Sale in 100 Mile House?

If you missed this opportunity, don’t worry! Whether you want a hobby farm, rural property, or real estate investment, now is the perfect time to act. Jared Gibbons, a trusted real estate agent with over 10 years of experience, can help. He stays up to date on the latest market trends and offers expert advice on smart real estate investments. Contact him today to find the perfect property!

Looking for a modern 5-bedroom home in Langley that is move-in ready and situated in a prime location? Welcome to 4657 208A Street, a beautifully renovated modern home in Langley that offers both comfort and sophistication. Nestled in a quiet cul-de-sac, this property is just minutes from Newlands Golf & Country Club, top-rated schools, and essential amenities.

Features That Make This Modern 5-Bedroom Home in Langley a Must-See:

• 5 Spacious Bedrooms – Four on the upper level and one on the main floor, perfect for guests or a home office.

• Brand-New Upgrades – New windows, roof, and plywood ensure durability and energy efficiency.

• Bright, Modern Kitchen – Equipped with quartz matte-finish countertops, new cabinetry, and stainless steel appliances.

• Cozy Living Area – Enjoy relaxing evenings by the fireplace with breathtaking mountain views.

• Private Backyard Retreat – The fully fenced yard is surrounded by lush, mature hedges, offering peace and privacy.

Prime Location in Langley City

This 5-bedroom home in Langley is conveniently located near some of Langley’s best attractions and amenities:

• Schools: H.D. Stafford Middle School and Blacklock Fine Arts Elementary

• Shopping & Dining: Willowbrook Shopping Centre and Downtown Langley’s Restaurants

• Recreation: Sendall Gardens and Langley Events Centre

• Golfing: Newlands Golf Course offers top-tier golfing just minutes away!

Why Choose This Modern 5-Bedroom Home in Langley?

This property offers modern upgrades, a prime location, and spacious living areas, making it the perfect home for families, professionals, and anyone seeking an upscale lifestyle in Langley. Whether you’re looking for convenience, privacy, or breathtaking views, this home has it all!

Schedule a Viewing Today!

Don’t miss out on this incredible opportunity to own a beautifully updated modern 5-bedroom home in Langley! Contact Jared Gibbons, your trusted real estate agent, to schedule a private showing today.

SOLD! Stunning Archstone Yorkson Townhome in Willoughby Heights

This exceptional 3-bedroom, 2.5-bathroom Archstone Yorkson townhome in the highly sought-after Willoughby Heights community has just been sold! Located in Willoughby Heights, one of Langley’s most desirable neighborhoods, this 1,527 sq. ft. home offered modern luxury, convenience, and comfort. If you are looking for a similar Archstone Yorkson townhome in Willoughby Heights, this could be your chance to find the perfect home.

A Home Designed for Comfort & Functionality

This Archstone Yorkson townhome featured an open-concept layout with a gourmet kitchen, complete with a large island, quartz countertops, under-cabinet lighting, and a built-in Jenn-Air coffee machine—a dream for home chefs and entertainers alike. The Willoughby Heights real estate market continues to attract homebuyers looking for stylish and functional spaces like this one.

The main floor boasted 9’ ceilings and a powder room for guests, while heated flooring in every bathroom added a touch of luxury. The spacious bedrooms comfortably accommodated house-sized furniture, making it perfect for families seeking a home in Langley townhome communities.

The backyard, accessible from the kitchen and dining area, was ideal for BBQs and children's outdoor play. Additionally, the side-by-side garage (19'5 x 27') and side-by-side washer and dryer enhanced convenience.

Prime Location in Willoughby Heights

Situated just a 3-minute walk from Richard Bulpitt Elementary, this home is also near the future Middle and Secondary School, expected to open in 2027. Families and investors alike value this growing community’s educational opportunities and the demand for Willoughby Heights property.

This property is close to major amenities, including:

• Willoughby Town Centre – Shops, restaurants, and essential services

• Langley Events Centre – Sports and entertainment hub

• Yorkson Community Park – Walking trails, sports fields, and playgrounds

• Popular local restaurants

Thinking of Buying or Selling?

If you’re looking for a similar Archstone Yorkson townhome in Willoughby Heights, or you’re considering selling your property, Jared Gibbons is here to help! Whether you are searching for Langley townhomes or Yorkson townhomes, Jared specializes in finding the perfect home to fit your needs. Contact Jared today to explore your options and discover your next dream home in Willoughby Heights real estate.

If you are looking for privacy, nature, and comfort in one place, this 5-acre property in Langley at 1265 235 Street, Langley, Campbell Valley is the opportunity you’ve been waiting for. Nestled at the end of a no-through road in the peaceful Campbell Valley area, this property offers a serene and private setting, perfect for those who value space and tranquility.

Key Features of This 5-Acre Property in Langley:

• 5-acre lot with no creeks, providing multiple usage possibilities.

• 4-bedroom, 3-bathroom split-level home with a cozy sunroom.

• Spacious deck overlooking the lush green yard.

• BRAND NEW 3,600 sqft shop, ideal for projects, storage, or business use.

• Two driveways for added convenience and accessibility.

• Newer vinyl windows and a 50-year roof installed in 2017.

• Perfect for horse lovers, hobbyists, or those seeking privacy and a natural retreat.

Prime Location Near Your 5-Acre Property in Langley

Located in Campbell Valley, this property offers seclusion while remaining close to essential amenities. Just minutes away, you’ll find:

• Shopping centers like Willowbrook Shopping Centre for all your needs.

• Top-rated schools such as Southridge School and other nearby options.

• Beautiful parks like Campbell Valley Regional Park, ideal for hiking and outdoor activities.

• Local restaurants where you can enjoy excellent dining in a relaxed atmosphere.

Live in Harmony with Nature

Imagine waking up every day surrounded by towering trees, open green spaces, and the peaceful sounds of nature. This is the perfect home for those seeking tranquility without sacrificing convenience. With plenty of space for horses, personal projects, or simply enjoying the outdoors, this 5-acre property in Langley is a true gem.

Don’t miss out on this incredible opportunity! Contact me, Jared Gibbons, to schedule a showing and explore everything this 5-acre property in Langley has to offer.

Exciting Growth in Abbotsford

Abbotsford is on the verge of welcoming two exciting apartment developments. These projects, located on Eleanor Avenue and at Montrose and McDougal avenues, promise modern living spaces with easy access to amenities. These new apartments in Abbotsford will provide contemporary living options in a rapidly growing city.

Downtown Montrose and McDougal Project

The first development in the historic downtown area consists of two six-story buildings with 132 residential units. The ground floor will include commercial spaces, adding to the urban appeal. Residents will have quick access to shopping centers, social venues, and parks. This new apartment development in Abbotsford will enhance the community's lifestyle by offering convenient access to key amenities.

Nearby Attractions:

• Abbotsford Centre: A top venue for concerts and sporting events.

• The Reach Gallery Museum: A cultural hub with exhibitions and programs.

• Jubilee Park: A green space hosting music festivals and community events.

• Mill Lake Park: A scenic park with trails, a spray park, and playgrounds.

Eleanor Avenue Development

The second project in east Abbotsford is equally promising. This new apartment development in Abbotsford is within walking distance of dining options, shopping centers, and essential services. Residents will enjoy a convenient and modern lifestyle in this growing community.

Nearby Conveniences:

• Abbotsford Village Shopping Centre: A hub with grocery stores, banks, and medical clinics.

• Restaurants like The Keg Steakhouse, Cactus Club, and S&L Bar and Grill.

• Coffee shops, including Starbucks and Tim Hortons.

Why Invest in Abbotsford’s New Apartments?

These new apartment developments in Abbotsford offer excellent investment opportunities. With the city's continued growth and increasing demand for housing, these projects provide both first-time buyers and investors with promising options. The proximity to essential services, parks, and entertainment venues makes them an attractive choice for individuals and families looking for a balanced lifestyle.

A Bright Future for Abbotsford Residents

These new apartment developments provide more than just modern housing. They integrate residents into a thriving community with easy access to culture, nature, and essential services. Future homeowners can look forward to a lifestyle blending convenience, comfort, and connectivity. If you're considering purchasing a new apartment in Abbotsford, now is the perfect time to explore these exciting opportunities.

Looking to Invest or Move to a New Apartment?

If you're looking to invest or move into a new apartment, call Jared Gibbons, a trusted real estate agent who will help you find exactly what you're looking for.

Langley offers a variety of community activities in February and March. Whether you enjoy book clubs, creative play for kids, or board games, there’s something for everyone. Below is a list of exciting events to keep you entertained.

February 2025 Langley Community Activities

Start the year with engaging activities! The “Between the Pages” Book Club at Brookswood Library lets book lovers connect and share their latest reads. At Muriel Arnason Library, the “Write a Letter to a Book Character” event encourages creativity for all ages.

Board game enthusiasts can visit the Scrabble Club at Murrayville Library for friendly competition. For parents with young children, Sensory Playtime at Murrayville Library offers interactive learning for babies aged 0-2. Adults can also enjoy literary discussions at the Afternoon Book Club at Aldergrove Library.

March 2025 Langley Community Activities

March brings even more opportunities for fun and learning. The Dungeons & Dragons for Adults event at Murrayville Library is perfect for role-playing game fans. If you're interested in financial planning, attend the Effective Tax Strategies workshop on March 5 at Murrayville Library. Professional accountants will provide expert advice.

For kids, creative activities include Kids’ Crafternoon and LEGO Building at Aldergrove Library. Chess lovers of all ages can test their strategic skills at the Chess Club, also at Aldergrove Library.

Discover the Best Langley Community Activities

Langley’s community calendar is packed with diverse events. From educational workshops to game nights, there’s always something exciting to do. Mark your calendars and invite your friends and family to join the fun!