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April 2021

Canadian Real Estate Shortage - The Surrey Report - April 2021

Posted on Apr 11, 2021 in Market Updates


Most of Canada is currently experiencing listing inventory shortages like never before seen. Low interest rates and high demand means consumption rates are high. But how do you know what that really means?

In this video Steve Karrasch of Macdonald Realty explains the real estate concept of "months of inventory". This is probably the best and most c...

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2021 Stress Test Changes

Posted on Apr 11, 2021


Hot off the press! The Canadian Mortgage Stress test is changing, making it harder to buy a home and hopefully cooling off the market!

In this video Steve Karrasch discusses the changes as per the CBC article below AND gives his opinion on if this is good or bad for the market.

https://www.cbc.ca/news/business/osfi-mortgage-stress-test-rules-1.59795...

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How Do I Get Out Of A Real Estate Contract?

Posted on Apr 03, 2021 in Real Estate Tips


The less glamorous side of real estate is the legal part and if you find yourself in an accepted offer as a Buyer or Seller in BC and you want out of that contract... its important you do it the right way.

In this video Steve Karrasch of Macdonald Realty covers the form called "General Release and Authorization to Pay Deposit Funds". There is more...

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