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Market Updates

Surrey Housing Price Review

Posted on Aug 06, 2021 in Market Updates


In this month’s Surrey Report, Steve Karrasch of Macdonald Realty takes a look back at the first six months of 2021 to see where we started, how far we have come and what it all might mean in for the Surrey real estate market this fall.

Benchmark Prices for Surrey Combined:

Detached: $1,431,300 +29.4%
Townhouses: $710,200 +21.1%
Condos: $446,800 +10.5...

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Fraser Valley Real Estate Prices

Posted on Jul 07, 2021 in Market Updates


The stats are out and so is The Surrey Report for July 2021.

In this month's update, Surrey Real Estate Agent Steve Karrasch of Macdonald Realty, covers which areas in the Fraser Valley have seen the highest and lowest increases in all three asset classes.

And if you are someone who is interested in trying to time the market, you are going to want...

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What You Get For The Money In North Delta

Posted on Jun 06, 2021 in Market Updates


It's always good to know what your money buys you in todays market. As always we cover Benchmark Pricing for the City of Surrey in this month's Surrey Report in all 3 major categories. However, just for fun, this month we show you examples of what you might expect to pay if you are searching for a home in North Delta. Yes, actual sales so you can b...

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Highest And Lowest Prices - The Surrey Report - May 2021

Posted on May 09, 2021 in Market Updates


Now that the market is showing signs of finally slowing down from record price increases, we in the real estate industry have to try and wrap our heads around the new higher prices in different areas and in each asset class.

In this month's Surrey Report, Steve ranks the City Of Surrey's 5 highest and 5 lowest priced "sub-areas" (as per the Fraser...

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Canadian Real Estate Shortage - The Surrey Report - April 2021

Posted on Apr 11, 2021 in Market Updates


Most of Canada is currently experiencing listing inventory shortages like never before seen. Low interest rates and high demand means consumption rates are high. But how do you know what that really means?

In this video Steve Karrasch of Macdonald Realty explains the real estate concept of "months of inventory". This is probably the best and most c...

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How To Win A Bidding War - The Surrey Report - March 2021

Posted on Mar 04, 2021 in Market Updates


The market continues to rise at never before seen rates and that can only mean one thing...

BIDDING WARS!

Well even though that term isn't the best way to describe multiple offer situations, it is the common term and in this month's Surrey Report, Steve and Chandani talk about how to be successful in a multiple offer and win your dream home.

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Be...

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