WARNING! Canadian Real Estate Prices Are About To Drop 40%

In this month’s Surrey Report, Surrey REALTOR® Steve Karrasch of Macdonald Realty discusses why Fraser Valley real estate prices are about to get real bad, especially when it comes to mainstream media’s headlines in coming months.

As with every Surrey Report, the team also breaks down the November 2022 benchmark stats for the City of Surrey.

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Benchmark Prices: (Surrey Combined) (+/- yoy):

🏠 Detached = $1,538,700 (-3.7%)
🏘 Townhomes = $821,400 (+1.3%)
🌆 Condos = $515,100 (+3.9%)

#SurreyRealtor #SurreyRealEstate #SurreyRealEstatePrices

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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.
📱 call or text: 604-549-5828
📧 email: [email protected]
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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.