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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.


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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Completion, Possession & Adjustment Dates in BC Real Estate

Posted on Feb 14, 2024


The timing of completion, possession and adjustments when it comes to closing on a real estate transaction in Surrey, BC is SO important to eliminate unnecessary stress and potentially a risk of not physically having a home to sleep in!

In today’s video, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty walks through what you must co...

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Debunked: Surrey's Real Estate Market Reality Check

Posted on Feb 07, 2024



One of our videos last month suggesting the January market was hotter than expected, received some understandably negative attention in the comments section. Aside from what our team experienced anecdotally, was January 2024 in fact busier than the average January in terms of sales activity?

In this month's Surrey Report, Surrey Real Estate Speciali...

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What you get for the money in 2024

Posted on Jan 31, 2024


Are you thinking about moving to Surrey BC, or perhaps you already live in Surrey and are contemplating making a move but don’t know what a typical condo, townhome or detached home in the area is selling for?

In this video, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty takes a look at several recent sales to give you an idea of w...

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Unexpected Turn in the Canadian Real Estate Market

Posted on Jan 24, 2024


The winter market of 2024 is proving to be a much hotter market than anyone had predicted.

In today’s video, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty takes a look at what is causing all of the real estate activity this January 2024 and why he thinks this rally will cool as we approach Spring.

Book time with Steve: https://ca...

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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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