City of Langley

City of Langley sits in an interesting spot — technically part of Metro Vancouver but maintaining that small-town feel that’s increasingly rare in the Lower Mainland. With 132,000 residents spread across 307 square kilometers, it’s got room to breathe while staying connected to the economic powerhouse next door.

The numbers tell a compelling story for anyone in the mortgage business. Median household income hits $108,000, and nearly half the housing stock consists of single-detached homes, with another 36% split between row houses and duplexes. That’s a market built on equity, not speculation. The construction industry employs over 12% of residents — a clear sign this community is still growing, not just gentrifying.

What makes Langley particularly interesting is its upcoming SkyTrain connection. The Langley Extension will transform commute patterns and property values in ways that smart brokers are already anticipating. Currently, nearly a quarter of residents enjoy commutes under 15 minutes, but soon they’ll have rapid transit access to downtown Vancouver.

The climate here deserves mention — Zone 8b means longer growing seasons and milder winters than most of BC. That’s not just nice for gardening; it’s a lifestyle differentiator that attracts retirees and families looking for West Coast living without the premium price tags of Vancouver proper.

Langley’s economy runs on construction, retail, healthcare, and education — sectors that provide stability rather than volatility. The 6.2% unemployment rate reflects a healthy job market without the overheating you see in some Metro Vancouver communities.

Currently, Tekamar’s maximum LTV for City of Langley is 0% as we focus our lending outside the Greater Vancouver area. For brokers with clients in communities where we do lend, our equity-based approach and streamlined approval process offer solutions that traditional lenders often can’t match.