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.
The February 2023 benchmark price across all three asset prices ROSE over January 2023 for Surrey real estate. What does this mean, where could prices be going and what should you consider if looking to buy or sell in the upcoming Spring market.
In this month’s Surrey Report, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty walks t...
Intentionally under pricing a listing is not a new phenomenon in the real estate industry, however, in today’s market, we are seeing some properties being listed SO much lower than market value that it is being communicated to buyers that the seller will not entertain an offer even close to the asking price…huh??
With the Federal government importing people in the form of immigration at a staggering pace, one major question that keeps coming up is where will we house everyone!?
In today’s video, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty reviews CIBC chief economist Benjamin Tal’s recent discussion with BNN Bloomberg and the Financial...
The sky high cost of living is really starting to put the squeeze on Canadian household balance sheets. With that being said, there are definitely some bad habits that Canadians have adopted in the previous season of low interest rates and easy access to credit that each individual should now take a long hard look at as we all try to cut back and w...
The current Fraser Valley real estate market is WILD! Interest rates up, sale prices down, inventory seasonally low, yet showings and buyer interest is up, with busy open houses, and yes, even the return of multiple offers?
In today’s video, Surrey REALTOR®, Steve Karrasch of Macdonald Realty shares some anecdotal situations that he and his team are...
Are you a first time homebuyer or new to BC? Or perhaps you are considering a move to BC and curious about the real estate buying process? Well, today is your lucky day and this video is for YOU!
In today’s video, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty provides a detailed, comprehensive and COMPLETE run down of the real es...