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Why You Should NOT Buy a Pre Sale Condo in Surrey BC

Posted on Jun 20, 2022

With the Fraser Valley real estate market cooling off and returning to a more balanced market, it begs the question…is right now a good time to potentially consider purchasing a pre-sale condo in Surrey?

In this video, Surrey Real Estate Specialist Steve Karrasch of Macdonald Realty looks to the financial crisis of 2008 for clues to what could be d...

Could REITs Improve Social/Affordable Housing In Canada?

Posted on Jun 17, 2022

This may be an unpopular and not so commonly held opinion, but here goes... Real Estate Investment Trusts (REITs) could just be a viable solution to increasing social/affordable housing in Canada, while at the same time improving the living conditions that some government run housing projects have struggled with in recent years.

In this video, Surr...

What's the Fraser Valley Real Estate Market doing? June 2022

Posted on Jun 15, 2022

What is the Fraser Valley Real Estate Market looking like in June 2022?

In this video, 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 to gain a clearer picture in terms of whether the market in each region i...

A Warning to All Pre Sale Condo Buyers! Part 2

Posted on Jun 13, 2022

As covered in one of our previous videos, some developers are starting to include a price adjustment clause in their presale contract that could result in you paying more than you originally agreed to due to the construction pricing index.

In this video, Surrey REALTOR Steve Karrasch of Macdonald Realty provides further information that has come to...

How Canada could "Prop up" the sliding Real Estate Market

Posted on Jun 08, 2022

In an effort to tame the highest rate of inflation Canada has experienced in the last 30 years, interest rates are rising at a record pace and the Canadian real estate market is correcting very very quickly in response.

In this video, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty discusses what he believes the Canadian governmen...

A DEEP dive into the SLUMPING Surrey Real Estate Market

Posted on Jun 06, 2022

In this month's Surrey Report, Surrey REALTOR® Steve Karrasch of Macdonald Realty walks through the May 2022 Fraser Valley Real Estate Board’s statistics to review the market’s slump in real estate sales and slide in prices. As with every Surrey Report, the team also breaks down the May 2022 benchmark stats for the City of Surrey.

Benchmark Prices...