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October 2018 - Market Update

Prices in Surrey continue the negative slide month over month and for the first time, detached houses have decreased year over year. In this video, Steve Karrasch and Chandani Pooni update you on the current benchmark pricing and also touch on the positives of recent interest rate increases and the negative side of the new rental increase limits recently introduced by the BC Government.

Benchmark Prices for Surrey (Combined)

? Detached Homes $1,087,900
? Townhomes $596,100
? Condos $460,200

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