The Real Estate Review - September 2025
SUMMARY
Housing Market Snapshot - August 2025
$1,436,800
DETACHED
↓1.0% Month | ↓4.5% Year
38
Avg Days on Market
$807,800
TOWNHOUSE
↓0.9% Month | ↓5.9% Year
32
Avg Days on Market
$514,100
CONDO
↓1.0% Month | ↓5.7% Year
41
Avg Days on Market
5 Things to Know About Home Equity
1
What is Equity? Equity is the portion of your home that you own compared to what you owe.
2
Loan vs HELOC Loans provide a lump sum, while HELOCs let you draw funds as needed.
3
Not for Small Expenses Better suited for large expenses; consider a personal loan for smaller needs.
4
It’s Still a Mortgage Rates are lower, but your home is at risk if payments aren’t made.
5
Know Your Budget Compare debts vs. income to ensure you can handle extra payments.
3 Tips About Home Insurance
1
What It Covers Damage from storms, fire, theft, vandalism, liability, and temporary housing.
2
What It Doesn’t Cover Excludes earthquakes, floods, sewer backups, poor maintenance, faulty work.
3
Shop Around Compare providers, reviews, and customer service before deciding.
Active Listings
For Builders
Side by Side Lots – Surrey CentralPlans ready for full duplex with garden suite. 3,400 sq ft house with 2 suites.
Premium Townhouse
5 bed / 4 bath1,500+ sq ft, built in 2018. Prime location near Hwy & amenities.
Condo Units
2 bed / 2 bathSilva & Plaza 2 developments. Ideal for buyers or investors.
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