Select Page

Top Real Estate Market Locations in Surrey and Surrounding Cities

Top Real Estate Market Locations in Surrey and Surrounding Cities

After 2011, the census statistics show that about 17,000 people that lived in Vancouver and surrounding areas moved to Surrey. After speaking to Cameron Muir, the Chief Economist of the British Columbia Real Estate Board mentioned he mentioned that the overall, sales activity has stabilized in Surrey and an average price for a townhouse is $350,000. “An apartment is affordable for first-time buyers and are priced between $235,000 – $240,000.”

Whether you are searching for a new house to buy or rent, here are the top areas to invest in and why:

Squamish

What you can expect in Squamish is a high growth of income that has improved in the past five years. The houses are affordable, and it is close to Whistler and Vancouver Island.

Fort St. John

There has been a decrease in the number of houses sold in Fort St. John and according to Energetic City in 2016 about 303 properties were sold for $114.5 million in the area. In contrast, the price of 578 properties in Fort St. John was $210.1 million during the fall of 2015. It means that you can negotiate better deals because the market is not as strong as it used to be.

Dawson Creek

The assessed home values in Dawson Creek’s are consistent since the years of hot real estate market growth. Dawson Creek’s property values were consistent after years of growth with an increase of 0.38 percent to $261,000.

Langley

In a recent Royal Lepage Report, there are a high number of home buyers that are flocking to Langley because the city offers affordable housing and the competition over property listings is starting to heat up.

During an interview with Doug Clifford, a real estate agent at Hugh & McKinnon realty he stated, “one of the challenges with the condo market is it is becoming more competitive.”He mentioned that millennials should take their time buying a property until they are financially prepared to invest.

About The Author

Makeda Waterman

Makeda Waterman is a professional writer that writes for the Huffington Post and other news sites. She has excelled in her career as a Journalism and Mass Communications graduate with a readership of over 3.9 million readers on her lifestyle blog. Check out her work at http://mawaterman.wixsite.com/waterm

  • Michael

    So Fort St. John and Dawson Creek are “surrounding cities” to Surrey?! The earth just keeps on shrinking.

Advertisement




Recent Posts

Oh, Canada, we sing for Thee!

Published 9/26/2017 in Surrey604 Magazine

“Is the glass half empty or half full? – Let’s roll the rim and find out!”

This joke (and many more) was part of the concert of The Wayward Wind Band this Friday, September 22nd. Leisa Way, Fred Smith, Bobby Prochaska, Nathan Smith,… read more ❯

Cloverfest: Craft Beer! Wine! Food! Live Music And More on October 14

Published 9/25/2017 in Surrey604 Magazine

Cloverfest: Craft Beer & Wine Festival presented by Townline Homes, is coming to Cloverdale October 14th! The event will feature local craft beer, wine and spirits too.  Taking place at Shannon Hall on the… read more ❯

Shreya Ghoshal enthrals Vancouver – Music is forever

Published 9/25/2017 in Surrey604 Magazine

September 17, 2017 marked the very last event of team Shreya Ghoshal’s two month long North America tour. Shreya herself was highly emotional about her tour coming to an end. Like a true artist, Shreya was openly… read more ❯

Meet Surrey Girl, Samantha Lenz

Published 9/24/2017 in Surrey604 Magazine

Freelance Journalist & Blogger
Growing up, soccer was my life. We spent a lot of time on the fields and it’s a bond that can’t be described. My favourite thing about growing up in Surrey were the friendships I… read more ❯

Surrey Events Calendar – September 25th to October 1st

Published 9/24/2017 in Surrey604 Magazine

Surrey events calendar
September 25th – October 1st
Arts:
Diwali Downtown Surrey
Diwali Downtown features the best of contemporary and classical Indian culture with performances, rangoli, and an Indian-style bazaar (marketplace) featuring South Asian crafts and food. This year’s event welcomes various artists to showcase unity in diversity, with performances by Karima Essa & Aashritha… read more ❯

Recent Videos

Loading...

Recent Tweets