The City Centre Mortgages Blog

Hello, I’m Larry Heran, and as the owner of City Centre Mortgages, based right here in the centre of the south in South Surrey, I always make it a priority to keep my clients informed about the local housing market in Surrey. The Surrey real estate market directly impacts your home buying decisions, and understanding the latest trends can give you a significant advantage in securing a more affordable home. With over a decade of experience helping Surrey residents secure the right mortgage financing solutions, I know just how important it is to stay on top of the market. So, let's dive into the latest Surrey housing stats and explore how they can affect your home purchasing decisions. Surrey's Housing Market Trends As we move through 2024, the Surrey housing market is showing some interesting trends. In November, Surrey’s median list price was around $1.1 million, with homes taking an average of 66 days to sell. This marks a slight increase compared to the previous month, signal...

Hello, I’m Larry Heran, and as the owner of City Centre Mortgages, based right here in the centre of the south in South Surrey, I always make it a priority to keep my clients informed about the local housing market in Surrey. The Surrey real estate market directly impacts your home buying decisions, and understanding the latest trends can give you a significant advantage in securing a more affordable home. With over a decade of experience helping Surrey residents secure the right mortgage financing solutions, I know just how important it is to stay on top of the market. Let’s explore how current housing trends in Surrey can influence your home purchasing decisions. Surrey's Housing Market Trends The Surrey housing market consistently experiences shifts, influenced by factors such as mortgage rates, housing affordability, and local demand. Surrey’s median home prices and the time it takes to sell a property can fluctuate, but the overall demand for housing in this region remains str...