No one wants to call the bottom of the Real Estate industry, but Better Dwelling published a recent article where Oxford Economics is forecasting that the Canadian Real Estate Market may currently only be HALFWAY to the bottom!
In this month’s Surrey Report, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty walks through Better Dwelling’s article and reviews Oxford Economics best case and worst case scenario forecasts that they have projected for the Canadian housing market in 2023 & 2024.
Better Dwelling Article: https://betterdwelling.com/canadian-real-estate-prices-to-fall-lower-worst-case-is-a-return-to-2014-values-oxford-econ/
As with every Surrey Report, the team also breaks down the January 2023 benchmark stats for the City of Surrey.
- - -
Benchmark Prices: (Surrey Combined) (+/- yoy):
Detached = $1,493,100 (-14.5%)
Townhomes = $796,100 (-11.4%)
Condos = $515,300 (-5.0%)
- - -
book time with Steve
In this month’s Surrey Report, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty walks through Better Dwelling’s article and reviews Oxford Economics best case and worst case scenario forecasts that they have projected for the Canadian housing market in 2023 & 2024.
Better Dwelling Article: https://betterdwelling.com/canadian-real-estate-prices-to-fall-lower-worst-case-is-a-return-to-2014-values-oxford-econ/
As with every Surrey Report, the team also breaks down the January 2023 benchmark stats for the City of Surrey.
- - -
Benchmark Prices: (Surrey Combined) (+/- yoy):
Detached = $1,493,100 (-14.5%)
Townhomes = $796,100 (-11.4%)
Condos = $515,300 (-5.0%)
- - -
book time with Steve
call or text: 604-549-5828
email: steve@krproperties.ca
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email: steve@krproperties.ca
DOWNLOAD Our *FREE* Home Buyer's Guide
Are you a REALTOR®? Want to learn how to level up your business?
Learn how to improve your message with the #1 Real Estate Video Course or my YouTube Course for Real Estate
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DISCOUNT CODE: Steve10
Subscribe To The Tom Storey Show Podcast with Steve and Tom:
YouTube: https://www.youtube.com/channel/UCse8VG5r3C9O9S7W6-p5sNg
Spotify: https://open.spotify.com/show/7wEEPUUhaC8g2CsIwJetbd
Apple Podcast: https://podcasts.apple.com/ca/podcast/the-tom-storey-show-with-steve-tom/id1627632474
*** Start Your Mortgage Application Today***
CITY WIDE Mortgage Services: https://mtgapp.scarlettnetwork.com/KR_Properties/home
INVESTORS! Download Lendlord for *FREE* to manage and analyze your properties: https://www.lendlord.io/krp
My Video Gear:
Microphone: https://amzn.to/3mim9u5
Interview Microphones: https://amzn.to/3nzryhx
Studio Lights: https://amzn.to/3r8uLoY
Ring Light: https://amzn.to/3ACAIPg
Mobile Light: https://amzn.to/337evN9
Wall Mount Boom: https://amzn.to/3fjtaHq
Teleprompter: https://amzn.to/3tg1iwg
Teleprompter Screen: https://amzn.to/3qef54m
Power Supply: https://amzn.to/3qYpe4o
USBC Hub: https://amzn.to/3r2ACw1