Frontline Real Estate Services
160 - 8621 201 Street V2Y0G9 Langley, BC, Canada

Greater Vancouver's residential sales AND new listings hit the highest totals ever recorded for the month. Despite the boost in inventory, the sales-to-active listings ratio remains firmly in a seller's market at 47.9%. "While homes are now being listed at record levels, more supply is needed to meet today's demand and help market conditions achieve greater balance". Read more:

Monthly residential sales and new listings in the Fraser Valley continued at a "blistering pace" in April. Record-breaking sales figures (again) were complemented by an influx of new listings, bringing inventory to the highest it’s been in 6 months, but prices continue to increase.

JUST LISTED: the opportunity to lease a 3,430 6,977 square foot retail space in the centre of Historic Downtown Abbotsford. Located on the corner of Essendene and Montrose Avenue, this building boasts exceptional signage opportunities and retail frontage.

Updated projections predict Metro Vancouver will have more than one million additional residents by 2050, despite a pandemic dip in immigration numbers (via CBC).

We are pleased to announce the successful transaction of a 2,357 square foot industrial strata unit in Tilbury, Delta. Learn more about this transaction:

2020 was a turbulent year for the retail sector. Read the top read stories of the year according to Retail Insider:

Oxford Properties Group has broken ground on Canada’s first large scale multi-level industrial complex. Located in Burnaby, the two storey, 437,000 sf project is being built entirely on spec (via Western Investor).

JUST LISTED: 1,427 sf second floor office unit for lease. Located right off Highway 1 and minutes from Abbotsford Regional Hospital.

There’s more than one way to value development land. Check out this article to see how developers calculate land value.

The adoption of the Cloverdale Town Centre Plan and the announcement of a new hospital have all eyes on Cloverdale, but we have yet to see commercial property values skyrocket. Dig into our latest report on the commercial market in Cloverdale to learn why.

Maple Ridge city planners performed a complete refresh of the city's zoning bylaws to "improve usability, relevancy, and sustainability." (via @MapleRidgeNews).

SOLD! We are pleased to announce the successful sale of three brand new ground floor shell retail units at Yale Bloc, located on the border between Surrey and Langley near the Willowbrook shopping area.

"SkyTrain extension, lower real estate prices and super job creation lure homebuyers, investors, workers and developers to the Fraser Valley" (via Western Investor).

"While much of BC’s growth will come from giant resource projects, new infrastructure spending and mixed-use development projects will also add to the construction acceleration into 2021 and beyond..." Read more via Western Investor & BTY Group)

Port Moody council has green-lit the creation of an economic development master plan that targets a jobs-to-population ratio of 0.42 by 2041. Read more via Tricity News:

When it comes to West Abbotsford's industrial strata market, "a rising tide floats all boats". Click the link to learn how the latest strata market trends are impacting property values.

90% of Canadians believe buying local is key this holiday season to support retailers through the COVID-19 pandemic (via Retail Council of Canada, Retail Insider). What local businesses do you plan to support?

This proposed development in Surrey City Centre could bring 1.446 million square feet of office and retail space, including an expansion of the SFU campus. This project represents "a major step forward towards establishing a strong core for Surrey City Centre and its Central Business District." (via Daily Hive Vancouver)

The residential market across Greater Vancouver recovered from a pandemic induced "standstill" to end 2020 with record-breaking sales in December (57.7% above the 10-year average) and an annual sales total in line with the region’s long-term average.

We can't wait to bring Langley Gateway to the market in 2021! This 90,000 sf industrial strata project will be the first of its kind built in the area in about 15 years! Congratulations to DENCITI Development Corporation & Nicola Wealth Real Estate.

Construction is now complete on Park Ridge Homes' new office building at the corner of Highway 15 (176 St) and 58 Avenue in Cloverdale Town Centre! The last remaining office space is now available for immediate possession with a $40 psf tenant improvement allowance available for qualified groups. Learn more:

Metro Vancouver’s suburban office market is experiencing positive sales and leasing activity with only a slight increase in vacancies. Downtown Vancouver is a different story (via Western Investor ).

SOLD! We are pleased to announce the successful sale of a fully leased mixed-use building in the heart of Langley City. Learn more about this and our other recent #CRE transactions:

NEW LISTING: Retail-industrial warehouse for lease in an established commercial complex with frontage on 76 Avenue in the heart of Newton. An ideal opportunity for a service commercial business requiring warehousing and a showroom.

Greater Vancouver's residential resale market marched ahead in October posting nearly historic sales volumes for the month. Nerd out on key metrics from The Real Estate Board of Greater Vancouver and learn about their impact on the development land market with our curated infographic and summary.