“We don’t have any billionaires getting off the plane at YVR and heading straight out to Bear Creek Park in Surrey to buy a house,” says veteran realtor Sukhi Kang.
In contrast, Surrey housing prices remained quite stable in most neighbourhoods, particularly in the large northern section where detached homes often sell for less than $1 million. “We don’t want a market that’s going berserk with multiple offers. It’s better for everyone, buyers and sellers, to have a stable market, a balanced market, for people who work here.”
“The Surrey market is different from West Vancouver. It’s basically made up of local people. People still need to buy houses to live in Surrey. But no one really needs to buy a $20-million house in West Vancouver,” said Kang, who is also with Century 21 Coastal Realty.
Just bring your ear plugs to muffle the gunfire