Fraser Valley Real Estate WILL Be Worth Less In The Future!

YES! It's true, if you buy a house in Canada today, it will for sure be worth less in the future. And if you have been watching my recent videos you already know that real estate sale prices in the Fraser Valley are sliding from the all time highs seen in the first few months of 2022. So what does this mean, how far can we fall and will the house you buy in Canada be worth less in the future?

In this video, Surrey REALTOR® Steve Karrasch of Macdonald Realty breaks down the market stats from 1980 to 2022 to gain a better understanding of the gains and losses that the Fraser Valley real estate market has experienced over the past 42 years and what we can possibly expect to come.

Special thanks to Andrew Stephens for pointing me in the right direction to find CREA's historical stats. Check out his YouTube channel here:

https://www.youtube.com/c/AndrewStephens

#SurreyRealtor #FraserValleyRealEstate #CanadianRealEstate

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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, 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.