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October 2022

The END of Strata Rental Restrictions in BC

Posted on Oct 31, 2022


Soon-to-be new BC Premier, David Eby, has a plan to improve housing affordability in BC and increase strata rentals in the province.

In this video, Surrey Realtor, Steve Karrasch of Macdonald Realty reviews David Eby’s proposed plan when it comes to BC housing affordability by discussing the current strata rental restrictions in place and how the e...

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Call it a CRASH | Surrey Housing Market

Posted on Oct 28, 2022


The Surrey and Fraser Valley housing market appears to have officially crashed. With rapidly rising interest rates significantly tightening lending rates the Fraser Valley real estate market has seen a sharp turn back from the peak when it comes to both home prices & sales.

In this video, Surrey Real Estate Specialist, Steve Karrasch of Macdonald R...

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The State of the Fraser Valley Real Estate Market | October 2022

Posted on Oct 24, 2022


What is the Fraser Valley Real Estate Market looking like in October 2022?

In this video, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty does his monthly walk through of the most recent FVREB market stats to review months of inventory in some key neighbourhoods in an effort to gain a clearer picture in terms of whether the market...

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How long is the BC Real Estate Cooling Off Period?

Posted on Oct 17, 2022


Effective January 1, 2023 a new consumer protection measure in the form of a 3 day cooling off period (or rescission period) will come into effect on all resale real estate transactions in British Columbia.

In this video, Surrey Real Estate Specialist Steve Karrasch of Macdonald Realty walks through some of the new details recently released in term...

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The Canadian Real Estate Collapse

Posted on Oct 14, 2022


With high inflation, high interest rates, and overall high cost of living when it comes to just about everything in the lower mainland, what can you do right now to get yourself in a better position and prepare for the impending downturn in the Canadian economy.

In this video, Surrey Real Estate Specialist Steve Karrasch of Macdonald Realty outlines...

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Winners & Losers of the Surrey Real Estate Market

Posted on Oct 10, 2022


Since the market peaked early on this year, there have been some definite “winners” and “losers” in terms of which regions in Surrey have experienced the largest correction in prices.

In this month's Surrey Report, Surrey Real Estate Specialist Steve Karrasch of Macdonald Realty reviews just how far real estate prices in Surrey have slid and which...

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