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November 2021

Banning Single Family Homes in Vancouver Canada

Posted on Nov 15, 2021


New Zealand has recently announced an end to single-family zoning in its five biggest cities, with the goal of encouraging more medium density construction to predominantly single-family areas. Not surprisingly, this is drawing the attention of both Vancouver city planners and housing advocates in BC. Would implementing a similar change to zoning i...

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Canadian Interest Rate Increases Coming In April 2022

Posted on Nov 12, 2021


The Bank of Canada (BOC) announced in late October an end to their Quantitative Easing program put in place at the beginning of the COVID-19 pandemic. This program helped stimulate the economy, keeping the cost of borrowing for Canadian households and businesses low by purchasing large amounts of Government issued bonds, bidding up their price, thu...

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Confronting A 30 Year Old About His $4M Real Estate Portfolio

Posted on Nov 10, 2021


In this video, Surrey Real Estate specialist Steve Karrasch of Macdonald Realty sits down with Tom Storey of The Storey Team with Royal LePage Signature and discusses how Tom was able to grow his real estate portfolio from his first time 600 sqft condo purchase at age 23 into 4 properties with an estimated valuation of $4M in 7 short years.

Check o...

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New Real Estate Consumer Protections In BC | 2022

Posted on Nov 08, 2021


The Province of BC and the BCFSA has announced new proposed consumer protection measures to require cooling off periods for resale and newly built properties in BC, with an intended roll out slated for Spring 2022. Will this slow the current growth of the BC housing market? Will it protect Buyers and increase access to Real Estate?

In this video, S...

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Announcing Our Subscriber 1000 Giveaway and Surrey Food Bank Donations

Posted on Nov 05, 2021


Thank you to everyone who supported our October Food Drive in support of the Surrey Food Bank. Your donations are so appreciated this time of year.

In this month’s Surrey Report, Surrey Real Estate Specialist Steve Karrasch of Macdonald Realty announces the winner of the 1000 subscriber giveaway, discusses the success of the October Food Drive & th...

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Moving To Surrey BC | Google Map Tour

Posted on Nov 03, 2021


Are you considering moving to beautiful Surrey BC, or perhaps interested in purchasing an investment property in the City of Surrey but unsure as to which area of the City is best to move to or invest in?

In this video, Surrey Real Estate specialist Steve Karrasch of Macdonald Realty, takes a detailed Google Map tour of the City of Surrey, describin...

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