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February 2022

The Canadian Real Estate Market Is About To Peak!

Posted on Feb 11, 2022


Listings are starting to flood onto the market and BC real estate prices are record high leading me to believe that we are rapidly approaching the peak of the market.

In this video, Surrey Real Estate specialist, Steve Karrasch of Macdonald Realty provides why he believes that the Canadian Real Estate Market is about to reach its peak and what that...

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Higher BC Property Assessments Mean Higher Property Taxes

Posted on Feb 09, 2022


A very common misconception among BC home owners is that if their annual BC Property Assessment increases (or decreases) from the previous year it means they will be paying that much more (or less) in property tax.

In this video, Surrey real estate specialist Steve Karrasch of Macdonald Realty, explains just how your property assessment affects you...

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Vancouver Takes Step To Increase Housing Supply

Posted on Feb 07, 2022


The City of Vancouver recently passed a motion put forth by the Mayor to allow for the rezoning of 2,000 single family homes to be converted into approximately 10,000 strata units in an effort to increase affordable housing supply for middle-income earners.

In this video, Surrey REALTOR® Steve Karrasch, provides his opinion on the City of Vancouver...

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The Three MOST Expensive Condos In Surrey BC

Posted on Feb 04, 2022


Are you interested to find out what luxury condos are currently selling for in Surrey BC?

In this month's Surrey Report, Surrey real estate expert Steve Karrasch of Macdonald Realty takes a look at the three most expensive condos in Surrey based on recent sales, and as always with the Surrey Report, the team shares the January 2022 benchmark prices...

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Why Inflation Won't Stop In Real Estate

Posted on Feb 02, 2022


With real estate values in British Columbia hitting record highs thanks to high inflation, low inventory and low interest rates, the associated taxes that property purchasers must pay, via BC’s Property Transfer Tax (PTT) is also sky high.

In this video, Surrey Real Estate specialist Steve Karrasch discusses the various tax brackets associated with...

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