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The "Surrey Report" is a monthly video market update designed to inform our clients and the public about the most recent statistics of the "Surrey Combined" area, as defined by the Fraser Valley Real Estate Board. Each month we cover year to year and month to month pricing changes of three property types including Detached Homes, Townhomes and Condos. Our team also works to update clients on recent market trends, tips and changes to our industry that affect our primary marketing areas of Surrey, North Delta, Cloverdale, Langley, and White Rock.


Watch this Before Making an Offer on a Court Ordered Sale

Posted on Jun 15, 2026


How to Actually Write an Offer on a Court-Ordered Sale

This is not theory.This is based on real, on-the-ground experience dealing with court-ordered sales (foreclosures) in Surrey and across the Lower Mainland.And if you’re thinking about writing an offer…👉 You need to understand this process first.

1. Price: Stop Lowballing

Every single offer I see:
  • C...

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You Won't Believe How Many Foreclosures There Are In Surrey

Posted on Jun 08, 2026



Foreclosures Are Rising… But Not for the Reasons You Think

Foreclosures are up in Surrey and across the Lower Mainland.That part is true.But the narrative around why they’re happening?👉 That’s where things get completely off track.So let’s break down the actual data and what’s really going on.

The Numbers (Real Data, Not Headlines)

Across the Lower Ma...

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My Basement Rental Is Vacant 

Posted on Jun 01, 2026

My Basement Suite Sat Vacant for 7 Months… Here’s What I Learned

My basement suite in Surrey sat vacant for 7 months.
  • No rent since October 31
  • ~$10,000+ in lost income
  • A unit that used to help pay my bills… doing nothing
At first, it was intentional.But then it wasn’t.And that’s where things got interesting.

Why I Even Have a Basement Suite

For years, th...

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Floor Plans That SELL!

Posted on May 27, 2026


What Actually Sells in Today’s Condo Market (Even When Everything Feels Broken)

The condo market in Surrey looks rough right now.
  • 2,298 condos for sale
  • Only 129 sold in the last 30 days
  • Inventory at the highest levels since 2015
That sounds like a market where nothing sells.But that’s not true.129 units still sold.So the real question is:👉 Why did thos...

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How Did Condo Prices in Surrey Just Increase?

Posted on May 25, 2026

Surrey Condo Market Update (2026): Prices, Inventory & Where the Deals Are

The condo market in Surrey has been all over the place.
  • Investor condos struggling to sell
  • Some areas still declining
  • Other areas… actually going up
Yes—in this market, certain condo segments are already showing price increases.So what’s really going on?

The Big Divide: End Users...

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What Just Happened to Townhouse Prices?

Posted on May 20, 2026

Surrey Townhouse Market Update (2026): Prices, Sales & What It Means for Buyers and Sellers

Townhouses have quietly become one of the most important housing types in Surrey.
  • More affordable than detached homes
  • More space than condos
  • Lower maintenance for families
For many buyers in Surrey and the Fraser Valley, they are now the default option.So what’s...

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Get In Touch

Steve Karrasch PREC, Karrasch Real Properties Team

Phone: 604-549-5828

steve@krproperties.ca

Office Info

Macdonald Realty

#100 - 2429 152 St  Surrey,  BC   V4P 1N4 

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