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Surrey Real Estate Takes a Turn as Prices Fall! 💸

With recent CPI inflation numbers coming in below the 2% target, a BC provincial election this weekend and another BOC Rate announcement scheduled for next week, what could all of this mean for the local Surrey and Fraser Valley real estate market this fall? In this month's Surrey Report, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty walks through the September 2024 stats for the City of Surrey and offers his understanding into what he is currently seeing in the market. As with every Surrey Report, the team also breaks down the September 2024 benchmark stats for the City of Surrey. - - Benchmark Prices: (Surrey Combined) (+/- yoy): 🏠 Detached = $1,628,600 (-2.1%) 🏘 Townhomes = $8861,200 (-2.3%) 🌆 Condos = $539,300 (-0.2%) #SurreyRealtor #SurreyRealEstate #FVREBStats - - 🗓 Book time with Steve: https://calendly.com/stevekarrasch 💾 DOWNLOAD Our FREE Home Buyer's Guide: https://tinyurl.com/cn6u4sd9 ** Start Your Mortgage Application Today** CITY WIDE Mortgage Services: https://mtgapp.scarlettnetwork.com/KR... ** Need Home and Property Insurance? ** Use the company I use! SQUARE ONE: Tenants, Landlords and Home Owners Save $20 with Square One Insurance using this link: https://www.squareone.ca/karrasch?off... Are you a REALTOR®? Want to learn how to level up your business? 🎥 Learn how to improve your message with the #1 Real Estate Video Course or my YouTube Course for Real Estate ** https://videocourselogin.com/ ** 💵 DISCOUNT CODE: Steve10 💵 🎙 Subscribe To The Tom Storey Show Podcast with Steve and Tom: YouTube:    / @thetomstoreyshow   Spotify: https://open.spotify.com/show/7wEEPUU... Apple Podcast: https://podcasts.apple.com/ca/podcast... Need VIDEO GEAR? Shop Steve's Amazon Store: https://amzn.to/45cIBbU 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] 💻 website: https://www.krproperties.ca/ ⭐️ reviews: https://tinyurl.com/y3jn689x 🟣 Instagram:   / karrasch_real_properties   🔵 Facebook:   / karraschrealproperties   🏠 listings: https://www.krproperties.ca/properties 🔍 search for properties: https://www.krproperties.ca/neighbour... 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.