We can all agree that there is a high level of uncertainty when it comes to the Canadian real estate & housing market right now. Economic growth is slowing, job vacancies are decreasing and the Bank of Canada decided to hold rates at their September 2023 rate decision announcement. So what does this all mean to you if looking to buy, sell or renew your current mortgage? Is the current state of the market something to fear or an opportunity?

In this month's Surrey Report, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty walks through the August 2023 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 August 2023 benchmark stats for the City of Surrey.- - - Benchmark Prices: (Surrey Combined) (+/- yoy):🏠 Detached = $1,675,40 (+1.4%)🏘 Townhomes = $881,600 (+3.8%)🌆 Condos = $548,200 (+3.5%)#SurreyRealtor #SurreyRealEstate #SurreyRealEstatePrices- - - 🗓 Book time with Steve: https://calendly.com/stevekarrasch💾 DOWNLOAD Our *FREE* Home Buyer's Guide: https://tinyurl.com/cn6u4sd9Are 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: https://www.youtube.com/channel/UCse8VG5r3C9O9S7W6-p5sNgSpotify: https://open.spotify.com/show/7wEEPUUhaC8g2CsIwJetbdApple Podcast: https://podcasts.apple.com/ca/podcast/the-tom-storey-show-with-steve-tom/id1627632474*** Start Your Mortgage Application Today*** CITY WIDE Mortgage Services: https://mtgapp.scarlettnetwork.com/KR_Properties/homeINVESTORS! Download Lendlord for *FREE* to manage and analyze your properties: https://www.lendlord.io/krpMy Video Gear:Microphone: https://amzn.to/3mim9u5Podcast Recorder: https://amzn.to/3L3EtnuInterview Microphones: https://amzn.to/47Wz1MXStudio Lights: https://amzn.to/3r8uLoYRing Light: https://amzn.to/3YVJuEoWall Mount Boom: https://amzn.to/3fjtaHqTeleprompter: https://amzn.to/3YLDGvGTeleprompter Screen: https://amzn.to/3qef54mPower Supply: https://amzn.to/3qYpe4oUSBC Hub: https://amzn.to/3r2ACw1If 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: https://www.instagram.com/karrasch_real_properties/🔵 Facebook: https://www.facebook.com/KarraschRealProperties🏠 listings: https://www.krproperties.ca/properties🔍 search for properties: https://www.krproperties.ca/neighbourhoodsThe 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.