The RAPIDLY Declining Surrey and Fraser Valley Real Estate Market

In this month's Surrey Report, Surrey REALTOR® Steve Karrasch of Macdonald Realty does his monthly review of the Fraser Valley Real Estate Board’s statistics to review months of inventory in each main city within the Fraser Valley highlighting where each asset class lands with regards to sellers, balanced or buyers market. As with every Surrey Report, the team also breaks down the June 2022 benchmark stats for the City of Surrey.

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Benchmark Prices: (Surrey Combined) (+/- yoy)
🏠 Detached = $1,783,500 (+22.9%)
🏘 Townhomes = $904,100 (+22.8%)
🌆 Condos = $559,500 (+22.8%)

For the complete stats package, please visit http://www.fvreb.bc.ca/stats/

#SurreyRealtor #SurreyRealEstate #FraserValleyRealEstate

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If you are looking for help or have any questions regarding real estate in Surrey, B.C. or the Fraser Valley, please reach out below using which ever way is most convenient. We also service real estate sales Langley, Delta, White Rock, Abbotsford, Mission, and more Greater Vancouver Cities.

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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.