The "Surrey Report" is a monthly video market update designed to inform our clients and the public about the most recent statistics of the "Surrey Combined" area, as defined by the Fraser Valley Real Estate Board. Each month we cover year to year and month to month pricing changes of three property types including Detached Homes, Townhomes and Condos. Our team also works to update clients on recent market trends, tips and changes to our industry that affect our primary marketing areas of Surrey, North Delta, Cloverdale, Langley, and White Rock.
The unfortunate reality of the current real estate market is that, well…your home may not sell, at least not for the price you had in mind.
In today’s video, Surrey real estate specialist, Steve Karrasch of Macdonald Realty breaks down the issues plaguing sellers right now in the slow Surrey Real Estate market and how you must be positioning your p...
If you are thinking about trying to find a loop hole in Canada's foreign buyer ban or BC's foreign buyer tax, JUST DON'T!
Recently Surrey real estate specialist and REALTOR® Steve Karrasch or Macdonald Realty caught wind of a Vancouver foreign buyer getting smacked with a $328,000 bill, 3 years after they bought a property. How did they get caught...
Canada is in a serious housing crisis prompting some Canadians to seek out more affordable options elsewhere.
In today’s video, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty covers a recent (…or is it?) news story covering just how MISERABLE Canadians are due to the unaffordable high cost of home ownership in the City and provid...
Average Price, Median Price and Home Price Index (HPI), all provide a different picture of what is happening in the real estate market. In July 2023, the average detached home price in Surrey shows a shocking drop of -$100,000, but is that an accurate picture? What do we make of all of this?! Have real estate prices really plummeted within only 30...
What can you buy for $1,000,000 in Surrey, BC and across Canada?
In today's video, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty provides an overview of two recently sold properties in the City of Surrey (and a bonus property in White Rock) for $1,000,000. We have also provided links below to some of our colleague's YouTube chann...
Open bidding is coming to the Canadian Real Estate Market, it is just a matter of time. And while I have been pretty vocal on this channel about my dislike of the open auction style system, for many reasons including that I do not believe it will increase affordability and I do not like the infringement on buyer’s privacy when it comes to the speci...
