White Rock, South Surrey Housing Price Update        February 2019

More homes are selling

But prices are down in all areas with listings taking much longer to sell. This decline is consistent across Western Canada

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New Taxes are kicking in        February 2019

“We’re starting to see home prices moderate in all segments of the market, particularly Greater Vancouver, including condos and townhomes

B.C. Finance Minister Carole James

A year ago, the  BC  government created  taxes made to lower real estate prices. It worked. Vancouver area home sales have fallen 39 per cent in one year. Prices have fallen by more than 8 per cent .Read More...

White Rock, South Surrey Housing Price Update        January 2019

Housing price index continues to slide


Sales in Vancouver fell 31.6 percent in 2018, while sales in the Fraser Valley region which includes South Surrey and White Rock fell 30.8 percent. Part of this is a government-engineered slowdown aimed at cooling the Lower Mainland market and prevent a debt bubble from popping. The B.C. government brought in taxes on foreign buyers of local property, and the federal bank regulators made financing more difficult, The goal was a soft landing and that seems to have happened so far. However housing markets are down across the world and the fear is that global economic forces could change a soft landing into a hard crash.

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White Rock - South Surrey Real Estate Market      January 2019

Is it a Buyer's or a Seller's Market

A Buyers market across the board.

Apartments     Detached Homes 

Real Estate Market Prices  South Surrey, White Rock  January 2019

Townhome prices are one of the few bright spots

Townhome Prices are leading the pack

Townhome Prices

The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.