WARNING! Canadian Real Estate Prices Are About To Drop 40%

In this month’s Surrey Report, Surrey REALTOR® Steve Karrasch of Macdonald Realty discusses why Fraser Valley real estate prices are about to get real bad, especially when it comes to mainstream media’s headlines in coming months.

As with every Surrey Report, the team also breaks down the November 2022 benchmark stats for the City of Surrey.

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Benchmark Prices: (Surrey Combined) (+/- yoy):

Detached = $1,538,700 (-3.7%)
Townhomes = $821,400 (+1.3%)
Condos = $515,100 (+3.9%)

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call or text: 604-549-5828
email: steve@krproperties.ca

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