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 Surrey Report - January 2019 - Tax Assessments

Posted on Jan 04, 2019 in Video Market Updates


By now the news of our slowing market is not new news. However, with the New Year comes your 2019 property assessment and this year, most of our clients have seen an increase. Why? Well here is the short version. 
Property assessments are an estimate by the government of your property's value... BUT, what you have to ask yourself is "Value as of whe...

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December 2018 - Surrey Market Update

Posted on Dec 06, 2018 in Video Market Updates


The numbers are out and the FVREB area remains slow compared to last year. In fact, the number of sales remains down by about 40%. The biggest surprise to us was in the condo category, as the benchmark price dropped 2.8% since last month. This is the largest decrease of the three property types, but should not be too much of a shock as apartments s...

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Price VS Days On Market

Posted on Nov 08, 2018 in Real Estate Tips


Is your listing overpriced in a declining market? If you don’t know how long properties take to sell once they hit the right list price... it very well might be.

What’s your area’s DOM?

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November 2018 - Market Update

Posted on Nov 04, 2018 in Video Market Updates


Detached Home Prices A Surprise

The statistics released November 2nd revealed a surprising result in detached homes across the city of Surrey. Home prices were the same this time last month as well as the same time last year, while most experts were predicting a downturn. Condos and townhouses did continue to see the projected slides, likely due to...

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Know Your Risks #3

Posted on Oct 29, 2018 in Real Estate Tips


Given the current market conditions, we expect foreclosure sales to increase in the coming years. Often, clients approach us looking to get a deal through the process of buying a foreclosure. It’s okay to buy a property through the courts and you might even manage to swing a deal, you just need to know what you are getting into first. In this video...

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October 2018 - Market Update

Posted on Oct 03, 2018 in Video Market Updates


Prices in Surrey continue the negative slide month over month and for the first time, detached houses have decreased year over year. In this video, Steve Karrasch and Chandani Pooni update you on the current benchmark pricing and also touch on the positives of recent interest rate increases and the negative side of the new rental increase limits re...

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Chris Whitehead & Associates

Phone: 604.590.2444

Fax: 778.294.4435

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Macdonald Realty Ltd.

#201 - 7313 Scott Road  Delta,  BC  V4C 6P5 

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