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Canadian Real Estate - What Will Happen in 2024?

Posted on Jan 03, 2024

Happy New Year! And with the start of the new year, comes Steve's 2024 Canadian Real Estate Predictions.

00:00 Introduction
01:23 BOC Interest Rates
02:42 Inventory Build
03:49 Real Estate Prices
05:33 Rent Prices
06:48 Podcast Subscribers

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I Was WRONG About Surrey Real Estate Prices

Posted on Dec 27, 2023

As we begin to wrap up 2023, Surrey Real Estate specialist Steve Karrasch of Macdonald Realty takes a look back at his Canadian real estate predictions made a short year ago with regards to interest rates, property prices, rental prices, foreclosures & inventory, and just how WRONG he was!

Be sure to subscribe to the channel and hit the notificatio...

The 2nd Slowest Real Estate Market In A Decade

Posted on Dec 20, 2023

November 2023 stats from the Fraser Valley Real Estate Board are out and November saw the 2nd slowest month of sales in the last 10 years.

In today's video, Surrey REALTOR®, Steve Karrasch of Macdonald Realty reviews the latest consumption rates as reported by the Fraser Valley Real Estate Board in each major Fraser Valley area and in each asset cl...

2024: A "Perfect Storm" in Canadian Real Estate

Posted on Dec 13, 2023

A perfect storm is brewing in Canadian Real Estate, with 20 year high mortgage rates and 2.2m mortgage borrowers set to renew their fixed rate mortgages in 2024 and 2025 all at the same time as a looming recession.

In this month's Surrey Report, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty discusses all of the market variables...

Breaking Down Affordable Housing In Canada

Posted on Dec 06, 2023

Affordable housing is a hot button topic, however I do not believe there is an agreed upon definition of what “affordable housing” actually is.

In today’s video, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty discusses the various ways people define housing as “affordable” depending on their current living situation, more specifi...

Langley Townhouses Are Outperforming The Market

Posted on Nov 29, 2023

Townhomes in Langley continue to outperform the rest of the local real estate market here in the Fraser Valley of BC.

In this video, Steve Karrasch, local real estate agent with Macdonald Realty, discusses some of the reasons why Langley townhouses are doing so well and he also reviews the statistics to demonstrate how well values in this one asset...