Benchmark, Average and Median Real Estate Prices Explained #shorts

When learning about real estate pricing in Canada, it's important to know how the number is calculated.

In this video, Surrey REALTOR, Steve Karrasch of Macdonald Realty explains Benchmark, Avarage and Median prices and why he reports Benchmark or HPI in his videos.
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The opinions expressed herein are solely that of Steve Karrasch PREC and not Macdonald Realty or the FVREB and should not be misconstrued as advice or the basis of an agency relationship whatsoever. Please consult your professional advisor prior to taking action on any decisions relating to the matters discussed in these videos. This communication is not intended to cause or induce breach of an existing agency agreement.