Monica Romey Real Estate

📍 South Surrey & White Rock: Where do you fit?

Every pocket of this community has a completely distinct personality📍 South Surrey & White Rock: Where do you fit?

Every pocket of this community has a completely distinct personality. If you're looking at the numbers on our slides, here is exactly what that lifestyle looks like on the ground:

🏖️ Crescent Beach: Coastal, laid-back, and historic. Best for beach lovers and those chasing a slower, village-style pace.

🌲 Elgin: Prestigious, private, and wooded. Best for families looking for sprawling, estate-sized lots and mature trees.

🛍️ Grandview: Modern, energetic, and highly walkable. Best for active families who want top schools, shopping, and newer builds.

🐎 Hazelmere: Rural, serene, and expansive. Best for equestrian lovers, golf enthusiasts, and anyone wanting acreage.

🛣️ King George Corridor: Connected, convenient, and evolving. Best for commuters and buyers looking for great accessibility.

⛳ Morgan Creek: Manicured, luxury golf-course living. Best for executives and retirees who appreciate immaculate streetscapes.

🌳 Pacific Douglas: Quiet, expanding, and border-adjacent. Best for buyers wanting newer detached homes near parks and the ocean.

🎒 Sunnyside: Established, central, and practical. Best for growing families wanting massive park access and great schools.

🌊 White Rock: Iconic, vibrant, and hillside. Best for ocean-view seekers and downsizers who love a lively beachfront strip.

👉 Swipe left to see the latest HPI Detached Benchmarks for each area. Which neighborhood matches your vibe? Drop it in the comments!
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REW just came out with this article from data sourced from CMHC. It says, "One of the clearest indicators of housing market stress is the share of borrowers who miss mortgage payments. In Canada, this is measured by the mortgage arrears rate, the percentage of mortgages that are 90 days or more past due.
The metric is closely watched because rising arrears often signal broader financial strain. One of the earliest warning signs of the 2008 financial crisis in the United States was a surge in homeowners who fell behind on mortgage payments. By this measure, Canada’s housing market currently shows no sign of widespread distress. The mortgage arrears rate in Canada is close to 0.22 per cent, meaning roughly one in every 450 mortgage holders is more than three months behind on payments.

Canada’s capital is stuck in the wrong assets. Why that’s a problem
Alberta’s mortgage arrears have fallen in recent years, whereas Ontario’s arrears rate has gradually increased over the past three years. In Quebec and B.C., arrears have edged up slightly but remain broadly stable.
Ontario appears to be experiencing somewhat greater pressure. As of September, 2025, the most recent data available, the province’s mortgage arrears rate reached 0.24 per cent, the highest level in about a decade. The figure is likely higher today, given the further decline in home prices since September and the province’s weak economic growth. When prices fall, homeowners have less equity, reducing their ability to refinance or sell if financial difficulties arise.Still, Canada’s housing market appears more resilient than many analysts expected. While markets in provinces such as Ontario and B.C. may remain sluggish in 2026, low mortgage arrears suggest the risk of broad financial distress or forced selling is very limited, making a sharp nationwide decline in home prices very unlikely. "
What are your thoughts and feelings on this? How has your experience been with this current market?