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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.


What You Can Really Afford in Canada's Housing Market | 2026

Posted on Apr 15, 2026


Why Housing Still Feels Unaffordable in Canada (Even After Prices Dropped)

If home prices have dropped 10%, 20%, or even 30% in some areas—and interest rates have also come down…

Why does housing still feel so unaffordable?

It’s a fair question. And one I hear all the time working with buyers across Langley and Surrey.

Here’s the truth:

👉 Affordability...

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What's Happening With Real Estate Prices in These Areas?

Posted on Apr 13, 2026


Fraser Valley Real Estate Update: Langley, Abbotsford, Mission & Maple Ridge (2026 Market Breakdown)

Fraser Valley real estate prices have taken a beating.There’s no real way to sugarcoat it.Across the board, we’ve seen:
  • Prices decline
  • Sales slow down
  • Inventory increase
And while I typically focus on my home market of Surrey, there’s a much bigger stor...

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What $2,000/mo Buys You in Langley Right Now

Posted on Apr 08, 2026


You Can Own Real Estate in Langley for Under $2,000/Month (Here’s Proof)

For years, homeownership has felt completely out of reach.But here’s what’s quietly happening right now:👉 You can own real estate in Langley for under $2,000 per month.And in many cases?👉 That’s very close to what you’d pay in rent.From what I’m seeing working with buyers acros...

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Did Surrey Real Estate Just Hit Rock Bottom?

Posted on Apr 06, 2026


Is the Bottom In for Fraser Valley Real Estate? (Spring 2026 Market Update)

The Fraser Valley real estate market may finally be stabilizing—but don’t mistake that for a recovery.After months of declining prices and sluggish sales, the latest data shows a clear shift: activity is picking up, supply is slowing, and prices are flattening.But here’s the...

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Surrey Developer Revolts Against Density Push

Posted on Mar 30, 2026


Developers Are REFUSING Density in Surrey — And It Says Everything About the Market

The Province of British Columbia has made one thing very clear:Cities must densify.Through legislation like Bill 44, municipalities across the province are being pushed to allow multi-unit housing on what were once single-family lots—what’s now being called the “miss...

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How to Spot a Condo with Bad Resale Value

Posted on Mar 23, 2026


The Worst Condo Mistakes Buyers Make (And What to Avoid Before You Buy)

If you buy the wrong condo, you’re going to regret it.Not all condos are created equal. Some are incredible—easy to live in, easy to rent, and easy to sell. Others? They’re loud, poorly designed, and become extremely difficult to get rid of when the time comes.After working in r...

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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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