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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.


Surrey Real Estate Falls FLAT Amid Uncertainty

Posted on Mar 18, 2024


The Surrey townhouse and condo market appear to be stabilising, providing some price certainty to a market that has very much lacked it for quite some time.

In today’s video, Surrey REALTOR®, Steve Karrasch of Macdonald Realty takes a look back at how far the Fraser Valley Real Estate Market has come since 2020 and where he thinks the market is hea...

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Why You Are Not Priced Out of Canadian Real Estate

Posted on Mar 11, 2024


Average, Median and Benchmark price can all tell a very different tale of what the real estate market is doing over a given period of time.

In this month's Surrey Report, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty reviews the February FVREB stats and compares average, median and benchmark prices in an effort to gauge the curr...

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Massive Government Overstep in Canadian Real Estate

Posted on Mar 06, 2024


The Federal government is expanding their FINTRAC requirements when it comes to collecting personal information in an effort to crackdown on money laundering through the Canadian housing market.

In today’s video, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty walks through the contents of the current FINTRAC form that all real est...

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Housing Affordability Just Got Worse in BC

Posted on Feb 29, 2024


Could the new 20% home flipping tax in BC (that is meant to increase home affordability over time) actually cause home prices to rise to even more unaffordable levels?

In this video, Surrey REALTOR® Steve Karrasch of Macdonald Realty explains why he thinks this new tax just made housing affordability even worse in the province.

Watch the housing min...

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BC Introduces 20% Flipping Tax 

Posted on Feb 26, 2024


The BC Government has announced yet another new tax to try yet again to solve the housing shortage without adding new supply to the real estate market. At the same time First Time Home Buyers rejoice as FINALLY there is some relief to BC's PTT or Property Transfer Tax up to $835,000.

In this video, Surrey real estate agent Steve Karrasch of Macdona...

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Material Latent Defects in BC Explained

Posted on Feb 21, 2024


Material Latent Defects (MLDs)…what are they and why is it so important to disclose of any and all existing material latent defects within your property at the time of listing.

In today’s video, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty explains everything you need to know when it comes to material latent defects when looking...

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Get In Touch

Steve Karrasch PREC, Karrasch Real Properties Team

Phone: 604-549-5828

EMAIL

Office Info

Macdonald Realty

#201 7313 Scott Rd   Delta ,  BC   V4C 6P5  

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