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2023 Surrey Real Estate Market Outlook, Pricing & Statistics

Posted on Jul 28, 2023

In today’s video, Surrey REALTOR® Steve Karrasch of Macdonald Realty, provides an overview of the current state of the Surrey real estate market, where we have come from over the past three years and where the market might be headed for the balance of the year. MLS HPI Price, Average Sales Price, Median Sales Price and number of sales, new listings...

The State of the Fraser Valley Real Estate Market

Posted on Jul 21, 2023

What is the Fraser Valley Real Estate Market looking like in June 2023?

Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty does his monthly walk through of the most recent FVREB market stats to review months of inventory in some key neighbourhoods in an effort to gain a clearer picture in terms of whether the market in each region is...

Ending FAKE Multiple Offers in Vancouver Real Estate

Posted on Jul 17, 2023

The Fraser Valley Real Estate Board, together with the Real Estate Board of Greater Vancouver and the Chilliwack and District Board, is introducing some very important requirements to the existing Realtor Rules of Cooperation in the form of the Disclosure of Multiple Offers Presented Forms (DMPO) for BC REALTORS in an effort to bring greater transp...

Detached Home Sales DOUBLE | The Surrey Report

Posted on Jul 14, 2023

Now that we have entered the summer market here in the Fraser Valley, the speed at which homes are selling is starting to slow and we are seeing far fewer competing offer situations for buyers, which is a very, very good thing. Having said that, the sale of Surrey detached homes DOUBLED in June 2023 compared to June 2022.

In this month’s Surrey Rep...

33% of Canadians Can't Cover Their Bills Thanks To Latest BOC Rate Hike

Posted on Jul 12, 2023

As many as 33% of Canadians can no longer cover their monthly bills largely in part to the Bank Of Canada's unprecedented rate hiking cycle that continued again on July 12, 2023.

In this video, Surrey real estate agent Steve Karrasch covers a recent Toronto Star news article long with a BNN Bloomberg article and uncovers some "funny business" with...

Massive Risk When Buying A House In BC

Posted on Jul 10, 2023

It is possible to represent yourself in a purchase of a MLS® listed property in BC even though many believe that "double ending" is illegal. But in fact it's "limited dual agency" that is under prohibition, and you are more than welcome to buy real estate in BC without a REALTOR®.

In this video, Surrey real estate specialist Steve Karrasch of Macdo...