How Far Will The Real Estate Market Drop In Surrey BC?

After two years of record low interest rates and skyrocketing real estate prices, the party appears to be over as the Canadian Real Estate Market is officially entering correction territory.

In this video, Surrey REALTOR® Steve Karrasch of Macdonald Realty discusses how far he believes house prices in the Fraser Valley will likely fall as interest rates continue their upward trajectory.

#SurreyRealtor #SurreyRealEstate #CanadianRealEstateCorrection

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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 in 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.