A DEEP Dive Into The SLUMPING Surrey Real Estate Market

In this month's Surrey Report, Surrey REALTOR® Steve Karrasch of Macdonald Realty walks through the May 2022 Fraser Valley Real Estate Board’s statistics to review the market’s slump in real estate sales and slide in prices. As with every Surrey Report, the team also breaks down the May 2022 benchmark stats for the City of Surrey.

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Benchmark Prices: (Surrey Combined)
🏠 Detached = $1,849,400 (+27.3%)
🏘 Townhomes = $942,500 (+28.7%)
🌆 Condos = $581,800 (+28.1%)

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

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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.