Homebuyers Benefit as Surrey Real Estate Prices Drop
Homebuyers Benefit as Surrey Real Estate Prices Drop
Inventory levels remain high, favoring buyers in Surrey's real estate market. The benchmark price for single-detached houses in Surrey dropped nearly 10% year-over-year, with Surrey-Central at $1,373,800, Surrey-Cloverdale at $1,382,000, and Surrey-North at $1,311,600. Townhouse and condo prices also declined by 7.7% to 12% across these areas compared to last year.