Surrey Real Estate Market Trends
The latest trends in Surrey real estate so you can make informed decisions.
Fewer people are buying in Surrey but the Surrey market is faring better than the broader Metro Vancouver.
The market for houses is trending toward a buyer’s market.
A buyer’s market means buyers have the upper hand in price negotiations. Because they have the upper hand, they have successfully negotiated prices down in the past few months.
The market for condos is trending into a balanced market which means buyers and sellers have equal negotiating power.
That has led to a flattening in condo prices earlier this year and a slight drop in recent months.