Newsletter

Just SOLD!!

Testimonial – Check out our latest client testimonial

🚨✨🎁CHRISTMAS GIVEAWAY🎁✨🚨

Enter to win a chance for tickets to GLOW Langley for you & your family!

There will be two winners, each will be provided with 2 adult & 3 children tickets to Glow.

Ticket date: Saturday December 10th – 7:00-8:00pm

To enter: HEAD OVER TO INSTAGRAM AND…
1️⃣ Like this post
2️⃣ Comment & tag three of your best friends
3️⃣ Share this post & tag @team.guiel.real.estate.team

🎄 STAY TUNED WE WILL BE DOING THE DRAW DECEMBER 1st

Taryn Guiel Prec* 📞 778.899.0407

“Your Reliable Resource. Creating Relationships through Trust and Respect.”

Thank you to everyone who came to our client event at Aldor Acres pumpkin patch in October. It was so nice to see so many of our clients past and present. We cannot wait till next year. Congratulations to Miss. Bri who won the amazing basket from the everyday concierge.

Meet Halee

As a lifelong resident of the Tri-Cities I have spent the last 7 years working in the Health Care Industry. My experience in Health Care not only taught me discipline, resilience and an unwavering work ethic, but also to understand the importance of building and maintaing relationships. With a passion for service I am ready to help you with your home buying and selling needs. As a new proud member of the Wolstencroft family and Team Guiel I carry the values of hard work, integrity and outstanding client service into everything I do.

Let’s give a big welcome to Halee our new licensed Assistant. 🙌🏼 @haleejonesrealestate

Glimmer of hope for Fraser Valley home buyers as new
listings surge in January
SURREY, BC – On the heels of the busiest year in history for Fraser Valley real estate, January activity saw the beginnings of a
market rebalancing. Overall property sales – still the third highest ever for January – cooled compared to December while the
volume of new listings improved significantly.
The Fraser Valley Real Estate Board processed a total of 1,310 sales of all property types on its Multiple Listing Service®
(MLS®) in January 2022, a decrease of 23.7 per cent compared to January 2021, and 27.5 per cent lower compared to
December 2021.
The Board received 2,135 new listings in January, an increase of 67.1 per cent compared to December 2021, and a decrease
of 23.3 per cent compared to January of last year. Total active listings for the month were 2,332, down 44.6 per cent
compared to January 2021, however an increase of 19.2 per cent compared to December 2021.
Larry Anderson, President of the Board, said, “In January, REALTORS® saw the return of home sellers. Yes, sales in our region
remain elevated, but a positive, early trend for 2022 is we experienced a significant increase in requests from sellers to list.
“It’s early days yet, but if this trend continues into spring, we could see an easing of the supply‐demand dynamic in our
region. We have a long way to go to replenish our housing stock and bring much‐needed balance to the market, but this is a
step in the right direction.”
Baldev Gill, Chief Executive Officer of the Board, said, “For almost two years, Fraser Valley REALTORS® have worked hard to
help their clients navigate safely during the longest, most intense seller’s market in our Board’s history. This protracted
pandemic market has resulted in considerable upward pressure on home prices.
“We anticipate the seasonal influx of new inventory, such as we’re already seeing, could provide a welcome, albeit far from
fully adequate, easing of price growth moving into 2022.”
In January 2022, the average number of days to sell a single‐family detached home in the Fraser Valley was 25, compared to
35 days in January 2021; 12 days on average to sell a townhome and 17 days for apartments, compared to 28 and 37 days
respectively, in January of last year.
MLS® HPI Benchmark Price Activity
 Single Family Detached: At $1,569,300, the Benchmark price for an FVREB single‐family detached home increased
4.6 per cent compared to December 2021 and increased 41.8 per cent compared to January 2021.
 Townhomes: At $796,500, the Benchmark price for an FVREB townhome increased 4.0 per cent compared to
December 2021 and increased 37.2 per cent compared to January 2021.
 Apartments: At $574,300, the Benchmark price for an FVREB apartment/condo increased 4.6 per cent compared to
December 2021 and increased 30.6 per cent compared to January 2021.
– FVREB

What a surprise! We were awarded with two amazing awards for our 2021 year and are so grateful for all the support from all our amazing clients. We ranked the top 5% of Royal Lepage representatives in our regional market and earning 2021 Director’s Platinum Award, and proud to be honoured as part of the Medallion club putting us at the top 10% of all realtors in the Fraser Valley. We thank you for your continued support and can’t wait to help more people in the future.

What we’re seeing is a combination of above average sales with below-average new listings which is placing strong upward pressure on home
prices, for all residential categories, month-over month.””It is a very challenging time, particularly for buyers.I empathize with clients who have been trying to buy a home for more than a year without success after multiple attempts. Now, more than ever is the time when buyers and sellers alike must rely on their REALTOR® to guide and advise them in considering all available options, including a change in community or even property type.”
LARRY ANDERSON
FBREB Preside