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2021 Real Estate Predictions - The Surrey Report - January 2021

In 2020, four of our five real estate predictions came true. Now that the "year we all stayed home" is behind us, what can we expect to happen in the Canadian, BC and Fraser Valley real estate markets? The truth is that nobody knows for sure... but we can have fun guessing!

In this month's Surrey Report Steve addresses his top predictions for what to expect out of your real estate in the coming year. Including What will happen to: Interest Rates, Inventory, Prices, Household Debt and Where the deals will be???

As always, please don't rely on this advice to make personal real estate decisions. Instead, arrange a time to speak with us directly about your specific needs and goals.

Happy New Year!
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Benchmark Prices: (Surrey Combined)

Detached = $1,174,000

Townhomes = $597,000

Condos = $403,600

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