The Condo Market Is Getting Ugly

🗓 Book a time to chat with me!: https://calendly.com/thatagentkelly-u... Get access to hand-picked properties sent to your email - Join here: https://thatagentkelly.com/deal The condo market in the Fraser Valley is officially entering an "ugly" phase, and in this video, we break down exactly what that means for owners, buyers, and investors. As your local Fraser Valley realtor, I’m seeing a massive shift on the ground in Surrey, Langley, and Abbotsford that the mainstream headlines aren't fully capturing. From surging apartment inventory to a significant "Buyer Strike," the dynamics of BC real estate are changing fast in 2026. We analyze the latest data on Fraser Valley home prices, highlighting why Surrey Central condos and Abbotsford apartments are seeing some of the most aggressive price drops in years. If you are a seller trying to move a strata property or a first-time homebuyer waiting for the right entry point, understanding this "rolling correction" is vital to protecting your equity. What We Cover in This Video: ✅ Why Fraser Valley condo inventory is reaching record highs. ✅ The impact of high mortgage rates in Canada on monthly carrying costs. ✅ Market-specific updates for Surrey real estate, Langley, and Chilliwack. ✅ How to spot "red flag" listings in a declining BC housing market. ✅ Strategies for buyers and sellers to navigate an ugly market successfully. Don't make a move in the Fraser Valley housing market without the facts. Subscribe for the most honest Fraser Valley market updates, economic analysis, and professional real estate advice! #fraservalleyrealestate #canadianrealestate #canadarealestate #condomarket _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Disclaimer: Your capital is at risk. You may lose money on your investments. All content in this video is for entertainment purposes only and by no means is legal, investment, financial, or any other type of legal advice. All actions taken by the viewer based on the content in this video are solely their responsibility. I am not a financial advisor. The offers outlined above may not be current. Always verify the terms, conditions, and status of all offers." Affiliate Disclosure: "Some of the links in this video, description, or comments may be affiliate links, for which Conor Kelly earns an affiliate commission or referral bonus. Conor Kelly is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available." Are you a realtor? Stop chasing clients, start attracting them: bit.ly/Viralletter Checkout my youtube channel for helping realtors: bit.ly/kelly2 If you are looking for a great experience from a high energy realtor with good communication when purchasing or selling a home, contact me. I operate out of Abbotsford but also service Surrey, Cloverdale, Langley, and Maple ridge. 𝐎𝐓𝐇𝐄𝐑 𝐕𝐈𝐃𝐄𝐎𝐒 🎥 🔴 How To Buy Your First Home In Vancouver (Step By Step Guide):    • How To Buy Your First Home In Vancouver (S...   🔴Abbotsford BC's COOLEST Neighbourhood:    • Abbotsford BC's COOLEST Neighbourhood | Li...   🔴 Top 3 WORST Neighbourhoods in Abbotsford BC:    • TOP 3 WORST Neighbourhoods in Abbotsford B...   🔴 Top 3 BEST Neighbourhoods in Abbotsford BC:    • TOP 3 BEST Neighbourhoods in Abbotsford BC...   🔴FULL Vlog Tour Of Abbotsford BC Canada:    • FULL VLOG Tour Of Abbotsford BC Canada   🔴Langley BC FULL VLOG Tour | Where to Live In Langley BC:    • Langley BC FULL VLOG TOUR | Where To Live ...   Find me on other platforms: ⚫Tiktok:   / thatagentkelly   🔴Instagram: https://www.instagram.com/thatagentke... 📱Phone: 604-725-2598 The opinions expressed herein are solely that of Conor Kelly Personal Real Estate Corporation, not Real Broker LLC, The Tk Group, Real Broker, or the GVRB and should not be misconstrued as advice or the basis of an agency relationship whatsoever. Please consult your professional advisor prior to taking action on any decisions relating to the matters discussed in these videos. This communication is not intended to cause or induce breach of an existing agency agreement.