If you have driven down 208 St  in Langley, you will be amazed how the country landscape has now been transformed to new construction of apartments and townhomes appearing everywhere..........and yet prices continue to climb.  As quickly as units come available there is a line up of buyers just waiting to buy.

The housing demand, fuelled by the lowest interest rates ever offered in my lifetime and record low levels of inventory,  adds to our current soaring house prices. Many developers held back, thus creating even more of an inventory shortage.

For the time being, prices will continue to climb. Recently I had the privilege of selling a Gorgeous end unit Townhome in Homestead.  Just as the last few townhomes were being released for sale, the prices jumped up $50K and still there were line ups of people trying to secure their next home in a price range now over $800,000.