May 2023

Have you been considering purchasing a rental or investment property in an effort to collect some passive income and put additional cash flow into your pocket? Well, you may be surprised just how little positive monthly cash flow purchasing an investment condo in BC or more specifically the city of Surrey will earn you.

In this video, Surrey Real E...

With the price of Vancouver real estate and rent becoming out of reach for many, Surrey and the Fraser Valley are rapidly becoming areas that many people are considering when it comes to living and putting down roots. Not only is Surrey becoming a popular region for people to move to, but according to Food and Wine magazine, Surrey BC is making its...

Surrey Real Estate prices are UP and on the rise AGAIN through the month of April.

In this month’s Surrey Report, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty walks through the April 2023 stats for the City of Surrey and offers his insight into what he is currently seeing in the market. As with every Surrey Report, the team als...

Is your 5 year mortgage up for renewal this year like roughly 25% of fixed rate mortgage borrowers in Canada? If it is, have you considered what your new monthly mortgage payment will be?

In this video, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty walks through his real life example to provide some context as to what Canadian mo...

According to CMHC’s most recent housing forecast released on Thursday April 27, 2023, tight rental market conditions in Canada due to buyers being “boxed out” of an unaffordable housing market, high immigration, and simply not enough new supply, is likely to persist and is expected to tighten even further. In other words, Canada doesn't have enough...