RSS

The Future of Real Estate in Surrey: Upcoming Trends and Developments

Surrey’s real estate market is moving fast—and what’s coming next promises even bigger changes. From sky‑high towers to new transit corridors and evolving buyer tastes, here's a look at the future trends and market developments shaping the Surrey real estate outlook in 2025.

1. Transit-Oriented Development: SkyTrain Expansion

The Surrey–Langley SkyTrain is now under construction, pushing east from King George to Langley. With stations at Fleetwood, Clayton, and Willowbrook, the 16‑km extension is expected to be completed by 2029.

What this means:

  • Increased demand for condos and townhomes near transit stops

  • Rising property values in surrounding neighbourhoods

  • A surge in developers launching mixed‑use towers, offices, and amenities

2. Rise of High-Rise Communities

Surrey’s skyline is changing dramatically. Several towers over 50–60 storeys are already approved or in development, including:

  • Centre Block (~48 stories) and Parkway 2 (~50 stories) in City Centre 

  • Continued development at King George Hub, adding retail, office, and residential space

Expect high-density, vertical living—with community-focused designs and walkable neighbourhoods.

3. Explosive Construction: New-Build Developments

Surrey is booming with pre-construction activity. There are over 58 new developments, including condos, townhomes, and 360+ planned communities 

Highlights include:

  • Low-rise to high-rise condos under construction

  • Townhomes in Guildford, Sullivan Station, Fraser Heights

  • Single-family pre-sales like Abbey Heights (Fraser Heights) set for 2025 delivery

This wave of supply gives buyers more variety while signaling ongoing investor interest.

4. Shifting Market Outlook

Provincial real estate bodies forecast modest price growth in BC—around +3% in 2025—with a balanced market entering mid‑2025.  Locally, Surrey ended 2024 with a balanced sales-to-active ratio (~16%).

What to expect:

  • Slower, more stable price appreciation

  • Greater transparency and predictability for buyers and investors

 5. Economic Strength & Innovation Clusters

Surrey’s economy is diversifying, with momentum in:

  • Health sciences (Surrey Memorial Hospital expansion, new Cloverdale hospital by 2026)

  • Tech and clean energy sectors—including unique biofuel and health tech startups

  • Education expansions, including SFU and UBC satellite campuses

These sectors bring jobs, talent, and housing demand—especially in new urban zones.

6. Emphasis on Sustainable Urban Design

Surrey continues implementing its Sustainability Charter, prioritizing:

  • Green building standards

  • Walkable, mixed-use neighbourhoods

  • Energy-efficient community planning

Future condos and townhomes are expected to feature eco-friendly design, low-carbon materials, and energy-saving technologies.

Final Thoughts: Navigating Surrey’s Real Estate Future

The Surrey real estate future is defined by infrastructure, innovation, and smart growth. Key forces on the horizon:

Trend

Impact

SkyTrain extension

Transit-connected growth & rising neighbourhood demand

High-rise towers

Increased density, diverse housing options

New developments

Modern living stock and developer opportunities

Market stability

Balanced prices and reliable investment climate

Economic diversification

Job growth and sustainable community development

Ready to Thrive in Surrey’s Next Chapter?

Whether you're buying, selling, or investing, staying ahead of local market developments and property trends is essential.
At Future Assets Group, we monitor new projects, transit updates, and economic signals—helping you make informed, future‑focused decisions.

📞 Let’s talk Surrey’s real estate outlook—contact us for a personalized strategy!

Read

How to Assess the Safety and Security of Neighborhoods in Surrey

When it comes to choosing the right home, it’s not just about the property itself—it’s also about the community that surrounds it. Whether you're buying your first home, moving with your family, or relocating for work, neighborhood safety is a top priority for most homebuyers.

In growing cities like Surrey, BC, where communities range from bustling urban centres to quiet suburban pockets, knowing how to evaluate property safety and community security can make all the difference. Here's how to confidently assess whether a Surrey neighborhood is the right fit for you and your loved ones.

1. Review Local Crime Rates

One of the most direct ways to evaluate neighborhood safety is by researching local crime statistics.

Where to check:

  • Surrey RCMP’s Community Safety Reports

  • BC Crime Maps and open data portals

  • Online tools like Areavibes or NeighbourhoodScout

Focus on:

  • Property crime (break-ins, theft)

  • Violent crime (assaults, robberies)

  • Trends over time (is crime increasing or decreasing?)

Tip: Don’t rely on just numbers—look at the context and how incidents are being addressed by local authorities.

2. Visit the Neighborhood at Different Times

A community may look safe during the day but feel very different at night. Try visiting:

  • On weekdays vs. weekends

  • During daylight and after dark

  • During peak and quiet hours

Observe:

  • Street lighting

  • Noise levels

  • Presence of loitering or vandalism

  • Whether people are walking around confidently or keeping to themselves

This real-time observation offers insight beyond what stats can provide.

3. Talk to Local Residents

One of the most underrated ways to assess a neighborhood? Ask the people who live there.

Speak to:

  • Neighbors out walking their dog

  • Local shop owners or business employees

  • Parents at nearby parks or schools

Ask open-ended questions like:

  • “How do you feel about safety in the area?”

  • “Is it a family-friendly neighborhood?”

  • “Have there been any recent concerns?”

Real, unfiltered experiences can offer insights online reviews often miss.

4. Evaluate Nearby Schools and Community Services

Areas with strong school districts, daycares, and community centers tend to foster safer environments.

Look for:

  • High-rated schools on the Fraser Institute or Google Reviews

  • Libraries, recreation centres, and youth programs

  • Well-kept parks and playgrounds

  • Active neighborhood watch or community associations

A connected, involved community is often a safe community.

5. Look for Signs of Care and Maintenance

When a neighborhood looks well-maintained, it often reflects a sense of pride and safety.

Check for:

  • Clean streets and sidewalks

  • Maintained lawns and public areas

  • Little to no graffiti or vandalism

  • Visible security signs (home alarms, cameras)

A tidy environment indicates active involvement from both homeowners and the city—boosting overall Surrey security.

6. Check Lighting and Visibility

A secure neighborhood is one where streets, pathways, and entrances are well-lit and visible.

Inspect:

  • Street lighting spacing and brightness

  • Rear lanes and alleyways—are they lit?

  • Clear visibility from one home to the next

  • If there are cul-de-sacs or dead-ends, are they secured?

Lighting is one of the biggest deterrents for crime—and one of the easiest to observe during a walk-through.

7. Use Technology to Your Advantage

There are several apps and websites that help you evaluate safe communities across Canada.

Tools to try:

  • Nextdoor (for neighborhood discussions and alerts)

  • SpotCrime or CrimeReports

  • Google Street View (check areas remotely)

  • Strata minutes (ask your Realtor to review these for any past concerns)

Also, use social media groups specific to Surrey neighborhoods for hyperlocal updates and resident input.

Final Thoughts: Safety Starts With Smart Choices

Buying a home isn’t just about bricks and mortar—it’s about peace of mind. Taking the time to assess neighborhood safety in Surrey ensures you not only find the right home, but also the right environment to thrive in.

At Future Assets Group, we help buyers look beyond square footage and dollar signs—we help you find a safe, secure community that fits your lifestyle and future goals.

📞 Planning to move in or around Surrey, BC? Reach out for personalized neighborhood insights and expert real estate advice.

Read

How Surrey’s Local Economy Affects the Real Estate Market

The housing market doesn’t exist in a bubble—and nowhere is that more true than in fast-growing cities like Surrey, BC. While interest rates, government policies, and immigration play national roles, the local economy often has a direct and lasting impact on real estate values and buyer confidence in your neighbourhood.

Whether you're buying, selling, or investing, it’s important to understand how economic factors specific to Surrey influence the property market.

Why the Local Economy Matters in Real Estate

At its core, real estate is driven by supply and demand—and both are directly tied to economic conditions. A strong local economy typically means:

  • More jobs

  • Higher wages

  • Increased population growth

  • Greater consumer confidence

All of which contribute to more people buying homes, higher property values, and stronger overall market activity.

In contrast, a slowing economy may lead to cautious buyers, fewer sales, and price adjustments.

Key Economic Factors Influencing Surrey Real Estate

1. Employment Growth and Job Sectors

Surrey is one of BC’s fastest-growing job markets, with employment in:

  • Tech and innovation (especially in Central City & Innovation Boulevard)

  • Health care (Surrey Memorial Hospital, new medical campuses)

  • Construction and trades

  • Education (SFU Surrey and Kwantlen Polytechnic University)

Why it matters: When jobs are stable and diverse, people are more willing to purchase or upgrade homes. Higher-paying jobs also support stronger buying power—fueling demand for both condos and detached homes.

2. Population Growth and Migration

Surrey continues to attract new immigrants, young families, and professionals from across Canada. In fact, it’s projected to overtake Vancouver in population within the next decade.

Why it matters: More people moving in = more housing demand. This drives up prices and rental values, especially in high-growth areas like Fleetwood, Clayton Heights, and South Surrey.

3. Infrastructure Development

Surrey is investing heavily in public transit, roads, and community projects, including:

  • The Surrey-Langley SkyTrain extension

  • New recreation centres, parks, and schools

  • Ongoing downtown revitalization projects

Why it matters: Infrastructure boosts property values—especially near transit-oriented developments (TODs). Buyers pay a premium to live in accessible, well-serviced communities.

4. Business & Commercial Growth

Surrey’s emerging city core is attracting tech startups, retailers, and corporate offices. Innovation Boulevard and the health tech sector are also creating long-term employment hubs.

Why it matters: A thriving business environment means more jobs, more professionals relocating to the area, and more support for the local housing market—especially in urban condo developments.

5. Real Estate Development & Supply

While demand in Surrey is growing, the supply side is catching up—with numerous condo, townhouse, and single-family projects underway.

Why it matters: New supply can help balance prices but also signals investor confidence. The volume and pace of new construction are tied to the local economy’s ability to support growth.

6. Consumer Confidence and Local Spending

Economic optimism translates into real estate action. When Surrey residents feel secure in their income and career paths, they’re more likely to:

  • Upsize from condos to townhomes

  • Buy investment properties

  • Enter the market as first-time buyers

In times of uncertainty, many buyers pause or negotiate more aggressively, which softens market activity.

What Happens During an Economic Slowdown?

If the local economy slows—due to layoffs, reduced construction, or stalled infrastructure—it can lead to:

  • Decreased buyer demand

  • Price corrections in some property types

  • Longer days on market

  • A more balanced or buyer-friendly market

However, Surrey’s diverse economy and rapid population growth offer some insulation. Unlike resource-dependent towns, Surrey has multiple engines (healthcare, education, tech, construction) helping keep demand stable.

How to Stay Informed as a Buyer or Seller

Understanding the economic impact on Surrey real estate helps you make smarter decisions. Here’s how to stay informed:

  • Follow city updates at Surrey(dot)ca

  • Track trends via the Fraser Valley Real Estate Board

  • Subscribe to local business and housing market reports

  • Work with a local realtor (like Future Assets Group) who offers real-time insights on neighborhood dynamics

Final Thoughts: Local Economy, Real Estate Reality

The strength of Surrey’s economy plays a major role in shaping its property market. Job creation, infrastructure, migration, and spending habits all influence buyer behaviour and property values.

If you’re planning to make a move in 2025, keep one eye on the market—and the other on the economy behind it.

📞 Want to know how current local trends could impact your buying or selling decision? Let’s talk. At Future Assets Group, we connect the dots between the economy and your next move.

Read