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September 2018 - Market Update

Steve Karrasch and Chandani Pooni of Chris Whitehead and Associates announce Date Night - Battle for the Bank (2) before going over the latest in the Surrey Real Estate market.

Prices across the city of Surrey are down 1.2-1.5% in all categories. We expect this trend to continue over the coming months as interest rates rise and inventory grows. There have not been this many properties on the market since early 2015 and if you remember, that was prior to this last Real Estate boom. All these factors lead us to believe that we will be heading firmly into a buyer's market by the end of 2018.

For the complete stats package, please visit fvreb.bc.ca/stats