Return to flip book view

Fraser Valley Market Update

Page 1

Monthly Statistics Package Fraser Valley Real Estate Board December 2025

Page 2

News Release Fraser Valley Real Estate Board For Immediate Release January 6 2026 2025 Fraser Valley housing market slowest in over two decades despite falling prices and decade high inventory SURREY BC Decade high inventory and softer prices failed to spark buyer demand in the Fraser Valley in 2025 Despite favourable conditions and increased negotiating power many buyers stayed on the sidelines making it one of the slowest years for sales in decades The Fraser Valley Real Estate Board recorded 12 224 sales on its Multiple Listing Service MLS in 2025 a decline of 16 per cent over 2024 and 33 per cent below the 10 year average The City of Surrey accounted for the majority of 2025 sales at 48 per cent with Langley and Abbotsford accounting for 24 per cent and 16 per cent respectively On the supply side buyers had more choice than at any point in the past four decades as new listings climbed to 37 963 The composite Benchmark home price in the Fraser Valley closed the year at 905 900 down six per cent year over year and down 24 per cent from the peak in March 2022 Ample selection and easing prices gave buyers some of the most meaningful opportunities we ve seen in recent years said Tore Jacobsen Chair of the Fraser Valley Real Estate Board While these conditions favoured motivated sellers in 2025 the hesitancy of many buyers to capitalize reflected the general market climate throughout the province and indeed across the country December 2025 The Board recorded 919 sales on its MLS in December a decline of 2 5 per cent from November and 7 5 per cent below sales from December 2024 In line with seasonal patterns new listings fell sharply in December declining 39 per cent month overmonth to 1 350 Overall inventory remained above seasonal norms ending the year with 6 965 active listings The pullback in new listings helped lift the sales to active listings ratio to 13 per cent in December bringing the market into balanced territory to close out the year The market is considered balanced when the ratio is between 12 per cent and 20 per cent The slowdown we saw in 2025 wasn t just about housing it reflected broader economic uncertainty felt across the region said Baldev Gill CEO of the Fraser Valley Real Estate Board Households were navigating affordability challenges rising costs and tougher mortgage requirements all of which contributed to a quieter market The composite Benchmark price for a typical home in the Fraser Valley continued to slide for the ninth straight month down 0 7 per cent compared to November Contact Nikki Hewitt Senior Communications Specialist Fraser Valley Real Estate Board nikki hewitt fvreb bc ca Telephone 604 930 7654 www fvreb bc ca FVREB Stats

Page 3

MLS HPI Benchmark Price Activity Single Family Detached At 1 388 400 the Benchmark price for an FVREB single family detached home decreased 1 2 per cent compared to November 2025 and decreased 6 2 per cent compared to December 2024 Townhomes At 781 300 the Benchmark price for an FVREB townhome increased 0 3 per cent compared to November 2025 and decreased 5 7 per cent compared to December 2024 Apartments At 491 600 the Benchmark price for an FVREB apartment condo decreased one per cent compared to November 2025 and decreased 7 5 per cent compared to December 2024 30 The Fraser Valley Real Estate Board represents over 5 000 real estate professionals and is the main source of statistics and information for the Fraser Valley real estate market including Surrey Langley Abbotsford Mission White Rock and North Delta Contact Nikki Hewitt Senior Communications Specialist Fraser Valley Real Estate Board nikki hewitt fvreb bc ca Telephone 604 930 7654 www fvreb bc ca FVREB Stats

Page 4

MLS Summary Fraser Valley December 2025 All Property Types Grand Totals Dec 25 Sales Dec 24 change 919 994 New Listings 1 350 1 288 Active Listings 6 965 6 285 993 519 1 044 336 Average Price 7 5 All Property Types Nov 25 change Dec 25 Dec 24 2025 2024 change 943 2 5 Sales year to date 12 224 14 570 16 1 4 8 2 210 38 9 New Listings year to date 37 963 35 698 6 3 10 8 9 201 24 3 4 9 1 003 693 1 0 Detached All Areas Combined Grand Totals year to date change Townhouse Nov 25 change Dec 25 Dec 24 change Apartment Nov 25 change Dec 25 Dec 24 change Nov 25 change Sales 311 311 0 0 343 9 3 224 242 7 4 247 9 3 255 313 18 5 238 7 1 New Listings 416 385 8 1 749 44 5 235 260 9 6 476 50 6 363 413 12 1 602 39 7 11 8 3 187 26 3 985 13 3 1 531 27 1 Active Listings 2 348 2 101 1 590 3 2 2 248 27 0 Benchmark Price 1 388 400 1 480 700 6 2 1 405 500 1 2 781 300 1 116 828 300 5 7 778 700 0 3 491 600 531 500 7 5 496 500 1 0 Median Price 1 340 000 1 475 000 9 2 1 310 000 2 3 769 500 799 950 3 8 795 000 3 2 487 000 515 000 5 4 495 000 1 6 Average Price 1 425 834 1 579 124 9 7 1 447 512 1 5 780 651 821 214 4 9 786 075 0 7 505 428 539 069 6 2 507 606 0 4 Abbotsford Dec 25 Dec 24 Detached change 1 641 Townhouse Nov 25 change Dec 25 Dec 24 change Apartment Nov 25 change Dec 25 Dec 24 change Nov 25 change Sales 55 49 12 2 59 6 8 35 39 10 3 27 29 6 39 61 36 1 38 2 6 New Listings 54 62 12 9 113 52 2 37 30 23 3 78 52 6 54 58 6 9 90 40 0 5 4 415 29 4 118 33 1 193 18 7 212 14 2 Active Listings 293 278 337 28 2 Benchmark Price 1 199 100 1 222 000 1 9 1 215 400 1 3 634 600 157 661 300 4 0 638 100 0 5 403 800 434 600 7 1 406 600 0 7 Median Price 1 170 612 1 143 000 2 4 1 120 000 4 5 650 000 660 000 1 5 605 000 7 4 385 000 435 000 11 5 422 000 8 8 Average Price 1 229 392 1 255 746 2 1 1 160 319 6 0 659 310 637 287 3 5 615 733 7 1 401 373 445 648 9 9 425 352 5 6 Dec 25 Dec 24 Detached Mission change 242 Townhouse Nov 25 change Dec 25 Dec 24 change Apartment Nov 25 change Dec 25 Dec 24 change Nov 25 change Sales 21 15 40 0 38 44 7 1 3 66 7 3 66 7 2 4 50 0 7 71 4 New Listings 30 20 50 0 50 40 0 9 8 12 5 10 10 0 6 5 20 0 8 25 0 245 26 5 39 15 4 28 17 9 31 25 8 Active Listings 180 178 Benchmark Price 973 500 1 009 300 3 5 981 700 0 8 655 400 676 300 3 1 646 700 1 3 429 700 458 900 6 4 428 400 0 3 Median Price 960 000 2 0 965 000 0 5 833 000 735 000 13 3 690 000 20 7 568 500 484 500 17 3 510 000 11 5 Average Price 1 016 376 2 7 1 035 707 1 9 833 000 763 633 9 1 670 000 24 3 568 500 501 867 13 3 488 900 16 3 Source Fraser Valley Real Estate Board 980 000 1 044 296 1 1 45 45 0 0 23 MLS Summary Page 1 of 3

Page 5

Detached White Rock South Surrey Dec 25 Sales Dec 24 34 change 49 30 6 Townhouse Nov 25 change 55 38 2 Dec 25 Dec 24 37 Apartment change 40 7 5 Nov 25 change 47 Dec 25 21 3 Dec 24 48 change 52 7 7 Nov 25 change 38 26 3 New Listings 69 55 25 5 114 39 5 30 35 14 3 86 65 1 45 65 30 8 96 53 1 Active Listings 417 331 26 0 552 24 5 194 170 14 1 281 31 0 255 225 13 3 345 26 1 Benchmark Price 1 732 300 1 854 000 6 6 1 746 100 0 8 885 700 933 800 5 2 876 500 1 0 570 600 608 500 6 2 574 900 0 7 Median Price 1 789 000 1 755 000 1 9 1 750 000 2 2 865 000 893 500 3 2 835 000 3 6 550 000 635 000 13 4 575 000 4 3 Average Price 1 932 459 1 930 205 0 1 1 977 959 2 3 892 327 1 030 642 13 4 893 330 0 1 605 512 674 557 10 2 583 498 3 8 Dec 25 Dec 24 Detached Langley change Townhouse Nov 25 change Dec 25 Dec 24 Apartment change Nov 25 change Dec 25 Dec 24 change Nov 25 change Sales 60 61 1 6 57 5 3 56 57 1 8 66 15 2 55 75 26 7 68 19 1 New Listings 52 48 8 3 118 55 9 51 56 8 9 114 55 3 111 104 6 7 149 25 5 Active Listings 314 293 7 2 438 28 3 197 158 24 7 288 31 6 364 303 20 1 484 24 8 Benchmark Price 1 514 400 1 609 500 5 9 1 543 400 1 9 822 200 863 600 4 8 827 500 0 6 555 700 596 100 6 8 564 200 1 5 Median Price 1 407 500 1 552 000 9 3 1 444 000 2 5 787 500 835 000 5 7 823 750 4 4 536 000 525 000 2 1 540 000 0 7 Average Price 1 453 062 1 734 018 16 2 1 578 941 8 0 817 494 843 350 3 1 817 774 0 0 532 389 549 705 3 2 551 989 3 6 Delta North Dec 25 Dec 24 Detached change Townhouse Nov 25 change Dec 25 Dec 24 Apartment change Nov 25 change 5 7 12 41 7 4 24 24 0 0 28 change Nov 25 change 19 21 9 5 26 26 9 New Listings 37 32 15 6 61 39 3 Active Listings 185 132 40 2 251 26 3 Benchmark Price 1 267 100 1 417 700 10 6 1 252 200 1 2 912 800 945 300 3 4 0 4 520 600 556 300 6 4 529 900 1 8 Median Price 1 310 000 1 400 059 6 4 1 275 000 2 7 761 100 1 080 000 445 000 417 000 6 7 517 500 14 0 Average Price 1 346 052 1 507 383 10 7 1 347 730 0 1 758 300 398 333 538 666 26 1 503 750 20 9 916 200 987 800 Dec 24 Sales Source Fraser Valley Real Estate Board 5 Dec 25 3 3 0 0 8 75 4 5 20 0 9 55 6 14 3 34 33 3 0 44 22 7 MLS Summary Page 2 of 3 62 5

Page 6

Detached City of Surrey Combined Dec 25 Sales Dec 24 change 7 9 Townhouse Nov 25 change 151 0 7 Dec 25 Dec 24 132 change 138 4 3 Apartment Nov 25 change 143 7 7 Dec 25 Dec 24 138 change 152 165 170 Benchmark Price 1 484 100 1 599 300 7 2 1 502 000 1 2 799 200 852 700 6 3 791 900 0 9 481 700 522 400 Average Price 1 550 922 1 675 645 7 4 1 589 606 2 4 796 798 867 582 8 2 793 784 0 4 503 191 568 780 18 8 Nov 25 change 101 36 6 7 8 485 600 0 8 11 5 502 531 0 1 North Surrey Central Surrey Cloverdale and South Surrey excl White Rock Detached Surrey Central Dec 25 Dec 24 change Townhouse Nov 25 change Dec 25 Dec 24 change Apartment Nov 25 change Dec 25 Dec 24 change Nov 25 change Sales 57 57 0 0 46 23 9 59 54 9 3 61 3 3 23 19 21 1 13 76 9 New Listings 97 96 1 0 158 38 6 64 81 21 0 104 38 5 48 33 45 5 60 20 0 8 8 701 24 5 320 1 9 451 30 4 181 15 5 Active Listings 529 486 255 18 0 Benchmark Price 1 404 300 1 522 600 7 8 1 413 300 0 6 773 200 314 828 400 6 7 767 700 0 7 500 900 546 800 8 4 509 000 1 6 Median Price 1 430 000 1 550 000 7 7 1 420 000 0 7 765 000 801 950 4 6 795 000 3 8 512 500 555 000 7 7 483 000 6 1 Average Price 1 526 857 1 625 173 6 0 1 510 897 1 1 760 335 781 374 2 7 771 027 1 4 495 121 544 868 9 1 484 300 2 2 Dec 25 Dec 24 Detached Surrey Cloverdale change 209 Townhouse Nov 25 change Dec 25 Dec 24 change Apartment Nov 25 change Dec 25 Dec 24 change Nov 25 change Sales 28 35 20 0 28 0 0 24 28 14 3 26 7 7 10 11 9 1 15 33 3 New Listings 39 27 44 4 61 36 1 22 25 12 0 44 50 0 6 9 33 3 33 81 8 Active Listings 144 102 41 2 180 20 0 80 76 5 3 120 33 3 52 54 3 7 86 39 5 Benchmark Price 1 385 100 1 471 800 5 9 1 406 500 1 5 781 700 844 700 7 5 778 900 0 4 536 700 595 100 9 8 546 900 1 9 Median Price 1 365 000 1 500 000 9 0 1 341 500 1 8 750 000 787 000 4 7 752 500 0 3 567 500 582 000 2 5 470 000 20 7 Average Price 1 355 339 1 560 815 13 2 1 340 616 1 1 761 347 810 514 6 1 755 211 0 8 639 800 632 354 1 2 487 600 31 2 Surrey North Dec 25 Dec 24 Detached change Townhouse Nov 25 change Dec 25 Dec 24 change Apartment Nov 25 change Dec 25 Dec 24 change Nov 25 change Sales 37 24 54 2 34 8 8 12 16 25 0 12 0 0 75 88 14 8 51 47 1 New Listings 38 43 11 6 73 47 9 15 13 15 4 36 58 3 89 134 33 6 156 42 9 5 4 398 29 9 80 27 5 122 16 4 553 16 8 Active Listings 279 295 664 30 7 Benchmark Price 1 357 300 1 476 800 8 1 1 391 600 2 5 707 200 751 700 5 9 690 800 2 4 431 600 478 900 9 9 433 100 0 3 Median Price 1 285 000 1 401 500 8 3 1 374 000 6 5 740 000 813 500 9 0 645 000 14 7 456 000 489 450 6 8 447 500 1 9 Average Price 1 379 221 1 443 249 4 4 1 406 297 1 9 752 429 850 756 11 6 663 250 13 4 463 559 503 492 7 9 468 168 1 0 Source Fraser Valley Real Estate Board 102 460 MLS Summary Page 3 of 3

Page 7

MLS 5 year summary Fraser Valley Year end 2025 All Sales Grand Totals 2025 2024 change 2022 change 2020 change Sales 12 224 14 570 16 1 15 273 20 0 19 926 38 7 New Listings 37 963 35 698 6 3 32 442 17 0 31 693 19 8 Detached All areas combined 2025 2024 change 2022 change 2020 change Sales 4 080 4 835 15 6 5 093 19 9 8 176 New Listings 13 453 12 681 6 1 12 155 10 7 12 164 50 1 10 6 Median Price 1 375 000 1 443 000 4 7 1 555 000 11 6 1 030 000 33 5 Average Price 1 477 673 1 528 610 3 3 1 645 343 10 2 1 119 029 32 0 Abbotsford 2025 2024 Detached Sales change 2022 change 2020 change 661 764 13 5 834 20 7 1 322 New Listings 1 889 1 851 2 1 1 972 4 2 1 847 50 0 2 3 Median Price 1 132 000 1 150 000 1 6 1 300 000 12 9 836 050 35 4 Average Price 1 183 899 1 209 234 2 1 1 340 703 11 7 881 930 34 2 2025 2024 Detached Mission change 2022 change 2020 change Sales 375 387 3 1 419 10 5 604 37 9 New Listings 928 913 1 6 1 027 9 6 750 23 7 Median Price Average Price 1 030 149 988 000 Source Fraser Valley Real Estate Board 983 000 0 5 1 120 000 11 8 745 000 32 6 1 039 989 0 9 1 140 804 9 7 771 747 33 5 Year end MLS Summary Page 1 of 6

Page 8

MLS 5 year summary Fraser Valley Year end 2025 Detached White Rock South Surrey 2025 Sales 2024 change 2022 change 2020 change 569 673 15 5 798 28 7 1 189 New Listings 2 188 2 023 8 2 1 820 20 2 2 140 52 1 2 2 Median Price 1 775 000 1 779 000 0 2 1 925 000 7 8 1 385 000 28 2 Average Price 1 982 489 2 037 104 2 7 2 137 410 7 2 1 528 300 29 7 2025 2024 Detached Langley Sales change 2022 change 2020 change 832 993 16 2 952 12 6 1 236 New Listings 2 220 2 153 3 1 1 977 12 3 1 678 32 7 32 3 Median Price 1 451 694 1 500 000 3 2 1 530 500 5 1 1 048 500 38 5 Average Price 1 556 963 1 603 513 2 9 1 630 581 4 5 1 136 737 37 0 Delta North 2025 2024 Detached change 2022 change 2020 change Sales 277 353 21 5 338 18 0 552 New Listings 992 828 19 8 725 36 8 813 22 0 Median Price 1 325 000 1 425 000 7 0 1 550 500 14 5 990 000 33 8 Average Price 1 383 666 1 488 639 7 0 1 575 720 12 2 1 054 016 31 3 Source Fraser Valley Real Estate Board 49 8 Year end MLS Summary Page 2 of 6

Page 9

MLS 5 year summary Fraser Valley Year end 2025 Detached City of Surrey Combined 2025 2024 change 2022 change 2020 change Sales 1 837 2 328 21 1 2 399 23 4 4 240 New Listings 6 918 6 910 0 1 6 049 14 4 6 597 56 7 4 9 Median Price 1 500 000 1 554 500 3 5 1 710 000 12 3 1 136 500 32 0 Average Price 1 635 974 1 692 240 3 3 1 829 176 10 6 1 222 452 33 8 North Surrey Central Surrey Cloverdale and South Surrey excl White Rock Detached Surrey Central 2025 Sales 2024 change 2022 change 2020 change 618 739 16 4 830 25 5 1 802 New Listings 2 737 2 556 7 1 2 385 14 8 2 747 65 7 0 4 Median Price 1 480 000 1 542 000 4 0 1 700 050 12 9 1 110 000 33 3 Average Price 1 561 121 1 590 765 1 9 1 777 652 12 2 1 158 384 34 8 2025 2024 Detached Surrey Cloverdale Sales change 2022 change 2020 change 347 466 25 5 443 21 7 620 New Listings 1 017 998 1 9 932 9 1 863 44 0 17 8 Median Price 1 400 000 1 470 000 4 8 1 550 000 9 7 1 050 000 33 3 Average Price 1 447 138 1 527 643 5 3 1 586 771 8 8 1 101 007 31 4 Surrey North 2025 2024 Detached Sales change 2022 change 2020 change 395 450 12 2 475 16 8 847 New Listings 1 457 1 333 9 3 1 296 12 4 1 317 10 6 Median Price 1 355 000 1 449 950 6 5 1 650 000 17 9 1 015 000 33 5 Average Price 1 474 883 1 513 571 2 6 1 708 780 13 7 1 111 266 32 7 Source Fraser Valley Real Estate Board 53 4 Year end MLS Summary Page 3 of 6

Page 10

MLS 5 year summary Fraser Valley Year end 2025 All Sales Grand Totals 2025 2024 change 2022 change 2020 change Sales 12 224 14 570 16 1 15 273 20 0 19 926 38 7 New Listings 37 963 35 698 6 3 32 442 17 0 31 693 19 8 Townhouse All areas combined 2025 2024 change Apartment 2022 change 2020 change 2025 2024 change 2022 change 2020 change Sales 3 228 3 695 12 6 3 796 15 0 5 102 36 7 3 556 4 486 20 7 4 855 26 8 4 357 18 4 New Listings 8 151 7 511 8 5 7 626 6 9 7 241 12 6 10 575 10 178 3 9 8 342 26 8 7 817 35 3 Median Price 808 000 835 000 3 2 870 500 7 2 592 000 36 5 520 000 535 000 2 8 540 000 3 7 390 000 33 3 Average Price 821 744 851 727 3 5 886 388 7 3 603 374 36 2 539 126 558 647 3 5 568 795 5 2 410 485 31 3 Townhouse Abbotsford 2025 Sales New Listings 2024 change Apartment 2022 change 2020 change 2025 2024 change 2022 change 2020 change 453 501 9 6 489 7 4 704 35 7 554 740 25 1 767 27 8 737 24 8 1 056 853 23 8 1 033 2 2 933 13 2 1 595 1 448 10 2 1 407 13 4 1 265 26 1 Median Price 675 000 694 900 2 9 735 000 8 2 494 100 36 6 418 625 440 000 4 9 460 000 9 0 305 000 37 3 Average Price 674 461 686 334 1 7 738 425 8 7 491 939 37 1 439 646 453 396 3 0 461 979 4 8 317 910 38 3 Townhouse Mission 2025 Sales 2024 72 New Listings 166 change 105 31 4 173 4 0 Apartment 2022 change 55 30 9 110 50 9 2020 change 96 2024 25 0 63 56 6 change 2022 change 2020 change 86 26 7 49 28 6 53 18 9 22 1 116 63 8 190 244 81 134 6 Median Price 693 006 714 900 3 1 635 000 9 1 509 000 36 2 459 000 415 000 10 6 470 000 2 3 320 000 43 4 Average Price 670 450 689 363 2 7 665 700 0 7 481 133 39 3 461 395 441 270 4 6 521 514 11 5 304 651 51 5 Source Fraser Valley Real Estate Board 106 2025 Year end MLS Summary Page 4 of 6

Page 11

MLS 5 year summary Fraser Valley Year end 2025 Townhouse White Rock South Surrey 2025 Sales New Listings 2024 change Apartment 2022 change 2020 change 2025 2024 change 2022 change 2020 change 525 581 9 6 683 23 1 806 34 9 627 717 12 6 801 21 7 782 19 8 1 395 1 268 10 0 1 164 19 8 1 216 14 7 1 749 1 563 11 9 1 190 47 0 1 451 20 5 Median Price 940 000 980 000 4 1 1 002 000 6 2 678 500 38 5 600 000 629 500 4 7 620 000 3 2 454 000 32 2 Average Price 993 528 1 031 143 3 6 1 047 198 5 1 727 326 36 6 680 779 716 987 5 1 706 895 3 7 530 157 28 4 Townhouse Langley 2025 Sales New Listings 2024 change Apartment 2022 change 2020 change 2025 2024 change 2022 change 2020 change 840 927 9 4 861 2 4 1 102 23 8 902 1 103 18 2 1 137 20 7 1 040 13 3 1 854 1 663 11 5 1 599 15 9 1 494 24 1 2 430 2 361 2 9 2 021 20 2 1 911 27 2 Median Price 830 000 865 000 4 0 875 000 5 1 595 000 39 5 549 000 570 000 3 7 567 000 3 2 396 500 38 5 Average Price 849 020 885 220 4 1 894 964 5 1 608 044 39 6 563 888 583 166 3 3 593 508 5 0 412 241 36 8 Townhouse Delta North 2025 2024 change Apartment 2022 change 2020 change 2025 2024 change 2022 change 2020 change Sales 56 67 16 4 75 25 3 104 46 2 88 87 1 1 108 18 5 71 New Listings 159 142 12 0 169 5 9 164 3 0 209 205 2 0 187 11 8 187 23 9 11 8 Median Price 895 000 912 000 1 9 920 000 2 7 681 500 31 3 558 048 599 000 6 8 580 000 3 8 447 900 24 6 Average Price 921 053 930 988 1 1 957 318 3 8 677 494 35 9 541 021 575 891 6 1 586 019 7 7 438 522 23 4 Source Fraser Valley Real Estate Board Year end MLS Summary Page 5 of 6

Page 12

MLS 5 year summary Fraser Valley Year end 2025 Townhouse City of Surrey Combined 2025 2024 change Apartment 2022 change 2020 change 2025 2024 change 2022 change 2020 change Sales 1 792 2 095 14 5 2 272 21 1 3 064 41 5 1 684 2 468 31 8 2 399 29 8 2 119 20 5 New Listings 4 846 4 680 3 5 4 641 4 4 4 487 8 0 5 392 5 918 8 9 3 993 35 0 3 750 43 8 Median Price 825 000 850 000 2 9 899 800 8 3 607 000 35 9 515 750 552 500 6 7 545 000 5 4 405 000 27 3 Average Price 848 224 882 063 3 8 916 665 7 5 626 432 35 4 528 865 582 817 9 3 557 348 5 1 412 702 28 1 North Surrey Central Surrey Cloverdale and South Surrey excl White Rock Townhouse Surrey Central 2025 Sales New Listings 2024 change Apartment 2022 change 2020 change 2025 2024 change 2022 change 2020 change 750 860 12 8 932 19 5 1 383 45 8 268 327 18 0 391 31 5 299 2 182 2 113 3 3 2 211 1 3 2 049 6 5 972 884 10 0 693 40 3 591 10 4 64 5 Median Price 800 000 837 000 4 4 884 750 9 6 598 500 33 7 525 500 550 000 4 5 550 000 4 5 378 000 39 0 Average Price 797 330 829 675 3 9 879 112 9 3 604 015 32 0 519 865 540 763 3 9 548 255 5 2 380 173 36 7 Townhouse Surrey Cloverdale 2025 2024 change Apartment 2022 change 2020 change 2025 2024 change 2022 change 2020 change Sales 352 444 20 7 449 21 6 600 41 3 177 161 9 9 234 24 4 253 New Listings 787 795 1 0 833 5 5 787 0 0 419 314 33 4 356 17 7 355 30 0 18 0 Median Price 798 400 825 000 3 2 850 000 6 1 589 500 35 4 532 000 580 000 8 3 550 000 3 3 404 000 31 7 Average Price 791 924 834 997 5 2 858 549 7 8 593 713 33 4 542 860 583 094 6 9 569 098 4 6 413 208 31 4 Townhouse Surrey North 2025 2024 change Apartment 2022 change 2020 change 2025 2024 change 2022 change 2020 change Sales 180 210 14 3 250 28 0 306 41 2 876 1 263 30 6 1 365 35 8 1 122 21 9 New Listings 548 504 8 7 504 8 7 491 11 6 3 006 3 157 4 8 2 364 27 2 1 975 52 2 Median Price 745 000 763 500 2 4 784 500 5 0 542 000 37 5 470 000 502 000 6 4 520 000 9 6 393 225 19 5 Average Price 753 741 783 657 3 8 808 882 6 8 546 310 38 0 485 995 517 501 6 1 533 891 9 0 396 946 22 4 Source Fraser Valley Real Estate Board Year end MLS Summary Page 6 of 6

Page 13

MLS Home Price Index Fraser Valley December 2025 RESIDENTIAL LOWER MAINLAND COMBINED FRASER VALLEY BOARD APARTMENT ONE MONTH THREE MONTH SIX MONTH ONE YEAR THREE YEAR FIVE YEAR TEN YEAR HPI CHANGE CHANGE CHANGE CHANGE CHANGE CHANGE CHANGE 318 7 0 8 2 2 4 7 5 2 0 7 17 1 38 4 905 900 326 0 0 7 2 3 4 9 6 0 4 3 19 6 70 3 NORTH DELTA 1 094 700 348 2 1 0 1 6 3 3 9 6 1 1 18 3 73 9 NORTH SURREY 679 400 309 4 0 7 3 0 5 6 7 0 10 0 10 2 50 9 SURREY 958 600 336 5 0 2 1 7 5 2 7 4 6 5 19 2 84 9 93 1 958 700 321 7 0 7 2 1 5 5 6 8 1 4 26 5 1 057 400 279 8 0 3 1 1 4 3 6 7 9 7 17 4 39 5 LANGLEY 969 500 325 9 1 5 3 4 5 5 5 5 0 2 22 8 81 8 ABBOTSFORD 756 500 339 2 0 9 1 9 3 8 3 5 1 3 22 1 102 2 MISSION 860 600 342 9 0 6 4 6 4 0 5 0 2 4 20 9 126 9 SOUTH SURREY WHITE ROCK TOWNHOUSE INDEX PRICE 1 044 200 CLOVERDALE DETACHED BENCHMARK LOWER MAINLAND 1 674 300 367 5 1 2 2 5 5 2 6 0 3 7 22 1 46 7 FRASER VALLEY BOARD 1 388 400 395 7 1 2 2 6 5 0 6 2 1 5 25 3 96 7 NORTH DELTA 1 267 100 380 6 1 2 2 7 4 4 10 6 0 2 21 4 83 0 NORTH SURREY 1 357 300 419 6 2 5 3 5 6 4 8 1 0 0 24 0 103 7 SURREY 1 404 300 403 4 0 6 2 0 5 1 7 8 0 5 26 3 110 5 CLOVERDALE 1 385 100 398 7 1 5 2 1 4 4 5 9 5 2 27 1 110 3 SOUTH SURREY WHITE ROCK 1 732 300 339 5 0 8 0 5 5 6 6 6 3 9 22 3 58 9 LANGLEY 1 514 400 399 9 1 9 3 9 5 6 5 9 2 6 24 2 109 8 ABBOTSFORD 1 199 100 408 7 1 3 1 9 2 8 1 9 11 8 27 8 133 8 MISSION 973 500 365 2 0 8 5 0 3 8 3 5 8 3 24 3 141 7 LOWER MAINLAND 925 400 353 3 0 4 1 3 4 5 5 2 2 8 31 1 96 8 FRASER VALLEY BOARD 781 300 350 7 0 3 1 6 5 3 5 7 0 3 32 2 124 5 NORTH DELTA 912 800 399 1 0 4 2 8 0 4 3 4 8 6 31 5 111 5 NORTH SURREY 707 200 406 2 2 4 4 4 6 9 5 9 0 1 31 2 151 1 SURREY 773 200 355 8 0 7 0 9 6 0 6 7 1 1 31 0 137 2 CLOVERDALE 781 700 321 3 0 4 2 2 6 8 7 5 0 3 28 4 120 5 SOUTH SURREY WHITE ROCK 885 700 280 1 1 1 1 4 5 4 5 2 1 9 30 3 83 8 LANGLEY 822 200 354 7 0 6 2 1 4 5 4 8 0 8 36 1 142 3 ABBOTSFORD 634 600 349 8 0 6 2 2 4 1 4 1 1 2 33 3 149 0 MISSION 655 400 358 9 1 3 1 8 0 5 3 1 7 0 41 9 159 5 LOWER MAINLAND 656 900 329 6 0 7 2 6 5 3 5 8 0 3 16 7 71 3 FRASER VALLEY BOARD 491 600 404 9 1 0 3 5 6 2 7 5 1 2 26 4 148 3 NORTH DELTA 520 600 504 0 1 8 4 0 6 2 6 4 2 9 19 7 180 6 NORTH SURREY 431 600 400 7 0 4 3 1 6 9 9 9 6 3 14 9 135 6 SURREY 500 900 466 4 1 6 3 6 6 4 8 4 0 3 34 0 181 8 CLOVERDALE 536 700 397 9 1 9 3 5 6 2 9 8 5 2 22 0 147 6 SOUTH SURREY WHITE ROCK 570 600 337 8 0 8 3 3 2 9 6 2 0 4 24 3 124 6 LANGLEY 555 700 388 1 1 5 4 1 6 8 6 8 1 1 30 6 154 2 ABBOTSFORD 403 800 434 2 0 7 2 9 8 2 7 1 3 0 36 5 208 4 MISSION 429 700 384 3 0 3 0 5 5 3 6 4 3 5 33 5 195 8 Fraser Valley Real Estate Board All indices equal 100 in January 2005 An index of 120 indicates a 20 increase in price since January 2005 Lower Mainland combines data across the Fraser Valley and Greater Vancouver real estate board areas

Page 14

Sales Listings Active Inventory All Types Fraser Valley 14 000 12 000 10 000 8 000 Actives 6 000 Listings Sales 4 000 2 000 Fraser Valley Real Estate Board 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 0

Page 15

Sales to Active Listings Ratio All Types Fraser Valley 100 According to BCREA a balanced market in the Lower Mainland ranges between 12 20 This graph includes all Residential and Commercial property types 90 80 70 Sellers Market Ratio 60 50 40 30 Balanced Market 20 10 Buyers Market December month end 13 Fraser Valley Real Estate Board 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 0

Page 16

MLS Home Price Index Fraser Valley Detached Townhouse Apartment 550 525 500 475 450 425 400 375 350 325 300 275 250 225 200 175 150 125 100 75 Fraser Valley Real Estate Board 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 50

Page 17

MLS Home Price Index Benchmark Prices Fraser Valley Detached Townhouse Apartment 1 900 000 1 800 000 1 700 000 1 600 000 1 500 000 1 400 000 1 300 000 1 200 000 1 100 000 1 000 000 900 000 800 000 700 000 600 000 500 000 400 000 300 000 200 000 Fraser Valley Real Estate Board 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 100 000

Page 18

1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Average Price Residential Detached all Fraser Valley 2 000 000 1 800 000 1 600 000 1 400 000 1 200 000 1 000 000 800 000 600 000 400 000 200 000 0 Fraser Valley Real Estate Board

Page 19

Annual Sales New Listings Average Price All Property Types Fraser Valley Sales New Listings Average Price 40 000 1 200 000 35 000 1 000 000 30 000 800 000 25 000 20 000 600 000 15 000 400 000 10 000 200 000 5 000 Fraser Valley Real Estate Board 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990