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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.


BoC Rate Cuts Won't Save Real Estate in Canada

Posted on Aug 26, 2024


The BoC is set to lower their overnight rate yet again this September. Will it jumpstart the market? Will home sales and prices accelerate? Or will real estate prices continue to drop?

In today's video, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty discusses the upcoming expected BoC rate cut in September and his opinion on how t...

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Sellers FAIL to Price Their Homes Correctly 

Posted on Aug 21, 2024


This summer has proven to be a tough one when it comes to selling your home. What you need to sell for and what you will actually sell for right now are not the same and that is something that sellers simply do not like to face.

In today's video, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty discusses what sellers must do right...

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Does a "Subject to Sale" Offer Work in BC?

Posted on Aug 12, 2024


When the market cools down and listings take a little longer to sell, it is very common for buyers to make “Subject to Sale” or “ Condition to Sale” offers, meaning the offer on the property is subject to the sale of the buyer’s current property.

In today's video, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty discusses the “Subje...

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"No GST" Trap of New Construction Sales in Canada

Posted on Aug 07, 2024


If you are purchasing a brand new home or strata unit, or looking to “flip” or assign a pre-sale unit you are going to be subject to GST, and perhaps in the case of flipping or assignment, subject to collecting GST from the buyer and remitting it a second time.

In today's video, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty disc...

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The Most Common Conditions for Real Estate Offers in BC

Posted on Aug 05, 2024


If you are offering on a property in British Columbia, there are a multitude of conditions or subjects that you will want to consider as part of your due diligence process prior to your offer becoming firm and binding.

In today's video, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty discusses the “famous 5” buyer conditions that...

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Listing Inventory Will PLUMMET & Here's Why

Posted on Jul 31, 2024


This summer has seen a glut of real estate inventory in the Fraser Valley, however, this could all change as we move into the fall, as it typically does each year.

In today's video, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty discusses the trend that he is starting to see in the Fraser Valley when it comes to new listings comi...

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Get In Touch

Steve Karrasch PREC, Karrasch Real Properties Team

Phone: 604-549-5828

EMAIL

Office Info

Macdonald Realty

#201 7313 Scott Rd   Delta ,  BC   V4C 6P5  

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