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.
Two years ago, our Youtube channel covered a Daily Hive article that claimed as many as 35% of Canadian households were concerned about going bankrupt due to rising interest rates. Now that the BOC overnight rate is holding steady at 5% and reported consumer bankruptcies are still below pre-pandemic levels, could the wave of fixed rate mortgage ren...
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...
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...
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...
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.
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...