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Monthly Statistics Package Fraser Valley Real Estate Board December 2024

News Release Fraser Valley Real Estate Board For Immediate Release January 6 2025 New listings at 10 year high in 2024 but affordability still the elephant in the room in Fraser Valley SURREY BC Bank of Canada interest rate cuts that began mid year were not enough to ease the affordability crisis for many home buyers in the Fraser Valley in 2024 leading to a decline in annual sales The Fraser Valley Real Estate Board reported new listings of 35 698 for the year ended December 31 2024 a 10 year high and nine per cent above the 10 year average However annual sales recorded on the Multiple Listing Service MLS were the lowest seen in ten years at 14 570 a decline of one per cent over 2023 and 24 per cent below the 10 year average The City of Surrey accounted for the majority of 2024 sales at 51 per cent with Langley and Abbotsford accounting for 24 per cent and 15 per cent respectively 2024 marked another subdued year for Fraser Valley home sales on the heels of a ten year low in 2023 said Jeff Chadha Chair of the Fraser Valley Real Estate Board Slight declines in home prices across some areas of the region provided negligible relief for buyers looking to get into the market At the same time the modest price adjustments did not discourage sellers from listing The composite Benchmark home price in the Fraser Valley closed the year at 965 000 down two per cent year over year and down four per cent from its 2024 peak in March December 2024 The Board recorded 994 sales on its MLS in December a decline of 13 per cent from November but 19 per cent above sales from December 2023 New listings declined 46 per cent from November to December from 2 367 to 1 288 contributing to a 23 per cent decline in overall inventory in December With a sales to active listings ratio of 16 per cent in December the overall market closed out the year in balance The market is considered balanced when the ratio is between 12 per cent and 20 per cent While the Fraser Valley saw overall balanced market conditions for most of 2024 the low levels of buying and selling activity reflected a challenging year for many as would be buyers waited for affordability to improve said Baldev Gill CEO of the Fraser Valley Real Estate Board Interest rate cuts by the Bank of Canada along with recent government policies aimed at boosting overall housing supply and improving affordability should help to increase market conditions in 2025 It took longer to sell townhomes and condos in December compared to November Townhomes spent 36 days on the market up from 33 days in November while condos spent 38 days on the market up from 36 days in the previous month Single family homes spent 43 days on the market no change from November The composite Benchmark home price in the Fraser Valley continued to slide for the ninth straight month down 0 5 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

MLS HPI Benchmark Price Activity Single Family Detached At 1 480 400 the Benchmark price for an FVREB single family detached home decreased 0 1 per cent compared to November 2024 and increased 0 9 per cent compared to December 2023 Townhomes At 827 900 the Benchmark price for an FVREB townhome decreased 0 9 per cent compared to November 2024 and increased 0 3 per cent compared to December 2023 Apartments At 533 900 the Benchmark price for an FVREB apartment condo decreased 0 4 per cent compared to November 2024 and decreased 0 2 per cent compared to December 2023 30 The Fraser Valley Real Estate Board is an association of 5 234 real estate professionals who live and work in the BC communities of Abbotsford Langley Mission North Delta Surrey and White Rock 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

Grand Totals Sales New Listings Active Listings Average Price All Areas Combined Sales New Listings Active Listings Benchmark Price Median Price Average Price Abbotsford Sales New Listings Active Listings Benchmark Price Median Price Average Price Mission Sales New Listings Active Listings Benchmark Price Median Price Average Price MLS Summary Fraser Valley December 2024 All Property Types Dec 24 Dec 23 change Nov 24 994 837 18 8 1 136 1 288 942 36 7 2 367 6 285 4 670 34 6 8 125 1 044 336 956 117 9 2 1 024 170 change 12 5 45 6 22 6 2 0 Grand Totals year to date Sales year to date New Listings year to date All Property Types 2024 2023 change 14 570 14 713 1 0 35 698 29 610 20 6 Dec 24 Dec 23 311 271 385 251 2 101 1 651 1 480 400 1 466 500 1 475 000 1 295 000 1 579 124 1 407 210 Detached change Nov 24 14 8 403 53 4 788 27 3 2 810 0 9 1 482 600 13 9 1 425 000 12 2 1 509 167 Townhouse change Dec 24 Dec 23 change Nov 24 22 8 242 185 30 8 252 51 1 260 189 37 6 493 25 2 985 629 56 6 1 292 0 1 827 900 825 500 0 3 835 100 3 5 799 950 823 000 2 8 825 000 4 6 821 214 817 943 0 4 838 715 Apartment change Dec 24 Dec 23 change Nov 24 4 0 313 278 12 6 357 47 3 413 291 41 9 722 23 8 1 590 1 061 49 9 2 074 0 9 533 900 534 800 0 2 536 100 3 0 515 000 525 000 1 9 525 000 2 1 539 069 543 022 0 7 552 918 change 12 3 42 8 23 3 0 4 1 9 2 5 Dec 24 Dec 23 49 38 62 38 278 222 1 195 200 1 164 600 1 143 000 1 078 500 1 255 746 1 100 404 Detached change Nov 24 28 9 70 63 2 111 25 2 377 2 6 1 193 000 6 0 1 190 000 14 1 1 203 182 Townhouse change Dec 24 Dec 23 change Nov 24 30 0 39 22 77 3 38 44 1 30 27 11 1 55 26 3 118 72 63 9 157 0 2 654 500 637 500 2 7 651 000 3 9 660 000 622 500 6 0 688 000 4 4 637 287 632 263 0 8 690 932 Apartment change Dec 24 Dec 23 change Nov 24 2 6 61 38 60 5 60 45 5 58 50 16 0 110 24 8 212 130 63 1 273 0 5 436 300 438 500 0 5 438 400 4 1 435 000 411 000 5 8 436 000 7 8 445 648 418 699 6 4 451 744 change 1 7 47 3 22 3 0 5 0 2 1 3 Dec 24 Dec 23 15 32 20 19 178 143 1 023 000 981 300 980 000 907 500 1 044 296 932 215 Detached change Nov 24 53 1 29 5 3 52 24 5 230 4 2 1 026 100 8 0 990 000 12 0 1 061 524 Townhouse change Dec 24 Dec 23 change Nov 24 48 3 3 7 57 1 9 61 5 8 8 0 0 9 22 6 39 32 21 9 39 0 3 682 700 653 200 4 5 678 300 1 0 735 000 730 000 0 7 739 000 1 6 763 633 682 114 12 0 690 433 Apartment change Dec 24 Dec 23 change Nov 24 66 7 4 6 33 3 6 11 1 5 20 75 0 18 0 0 28 34 17 6 38 0 6 457 900 448 500 2 1 463 300 0 5 484 500 459 500 5 4 429 850 10 6 501 867 455 650 10 1 422 016 change 33 3 72 2 26 3 1 2 12 7 18 9 Source Fraser Valley Real Estate Board MLS Summary Page 1 of 3

White Rock South Surrey Sales New Listings Active Listings Benchmark Price Median Price Average Price Langley Sales New Listings Active Listings Benchmark Price Median Price Average Price Delta North Sales New Listings Active Listings Benchmark Price Median Price Average Price Dec 24 Dec 23 49 35 55 33 331 242 1 869 700 1 898 900 1 755 000 1 742 857 1 930 205 1 953 955 Detached change Nov 24 40 0 59 66 7 109 36 8 467 1 5 1 871 400 0 7 1 760 000 1 2 1 915 558 Townhouse change Dec 24 Dec 23 change Nov 24 16 9 40 33 21 2 32 49 5 35 26 34 6 89 29 1 170 88 93 2 238 0 1 932 000 951 400 2 0 952 100 0 3 893 500 929 900 3 9 885 000 0 8 1 030 642 931 187 10 7 972 878 Apartment change Dec 24 Dec 23 change Nov 24 25 0 52 36 44 4 57 60 7 65 44 47 7 102 28 6 225 160 40 6 307 2 1 610 000 622 900 2 1 615 300 1 0 635 000 612 500 3 7 622 500 5 9 674 557 685 574 1 6 740 243 change 8 8 36 3 26 7 0 9 2 0 8 9 Dec 24 Dec 23 61 45 48 41 293 254 1 606 500 1 597 600 1 552 000 1 298 000 1 734 018 1 393 594 Detached change Nov 24 35 6 66 17 1 123 15 4 408 0 6 1 618 400 19 6 1 462 000 24 4 1 577 269 Townhouse change Dec 24 Dec 23 change Nov 24 7 6 57 38 50 0 55 61 0 56 42 33 3 121 28 2 158 114 38 6 205 0 7 862 800 859 200 0 4 867 200 6 2 835 000 876 250 4 7 877 000 9 9 843 350 874 952 3 6 903 071 Apartment change Dec 24 Dec 23 change Nov 24 3 6 75 73 2 7 85 53 7 104 58 79 3 148 22 9 303 207 46 4 405 0 5 599 900 594 700 0 9 601 000 4 8 525 000 560 000 6 3 575 000 6 6 549 705 554 193 0 8 587 385 change 11 8 29 7 25 2 0 2 8 7 6 4 Dec 24 Dec 23 21 24 32 13 132 103 1 415 600 1 352 500 1 400 059 1 307 500 1 507 383 1 428 736 Detached change Nov 24 12 5 31 146 2 54 28 2 170 4 7 1 428 400 7 1 1 351 000 5 5 1 442 447 Townhouse change Dec 24 Dec 23 change Nov 24 32 3 5 2 150 0 4 40 7 12 4 200 0 6 22 4 24 12 100 0 29 0 9 950 400 931 100 2 1 957 200 3 6 761 100 936 000 18 7 880 000 4 5 758 300 936 000 19 0 840 500 Apartment change Dec 24 Dec 23 change Nov 24 25 0 3 5 40 0 8 100 5 4 25 0 13 17 2 33 19 73 7 45 0 7 559 000 569 600 1 9 569 200 13 5 417 000 525 000 20 6 629 000 9 8 538 666 531 600 1 3 606 000 change 62 5 61 5 26 7 1 8 33 7 11 1 Source Fraser Valley Real Estate Board MLS Summary Page 2 of 3

Detached City of Surrey Combined Dec 24 Dec 23 change Nov 24 Sales 165 124 33 1 207 Benchmark Price 1 605 800 1 593 900 0 7 1 602 900 Average Price 1 675 645 1 589 778 5 4 1 663 632 North Surrey Central Surrey Cloverdale and South Surrey excl White Rock Townhouse change Dec 24 Dec 23 change Nov 24 20 3 138 116 19 0 146 0 2 853 800 851 100 0 3 864 700 0 7 867 582 840 643 3 2 862 027 Apartment change Dec 24 Dec 23 change Nov 24 5 5 170 139 22 3 198 1 3 524 800 528 100 0 6 526 200 0 6 568 780 547 210 3 9 570 602 change 14 1 0 3 0 3 Surrey Central Sales New Listings Active Listings Benchmark Price Median Price Average Price Dec 24 Dec 23 57 40 96 61 486 372 1 522 000 1 505 200 1 550 000 1 375 000 1 625 173 1 539 589 Detached change Nov 24 42 5 69 57 4 188 30 6 619 1 1 1 520 500 12 7 1 460 000 5 6 1 535 398 Townhouse change Dec 24 Dec 23 change Nov 24 17 4 54 52 3 8 69 48 9 81 49 65 3 137 21 5 320 210 52 4 417 0 1 830 300 822 400 1 0 835 400 6 2 801 950 820 000 2 2 837 000 5 8 781 374 804 340 2 9 840 922 Apartment change Dec 24 Dec 23 change Nov 24 21 7 19 24 20 8 22 40 9 33 33 0 0 65 23 3 181 111 63 1 247 0 6 559 400 552 100 1 3 564 000 4 2 555 000 561 500 1 2 531 000 7 1 544 868 544 459 0 1 489 859 change 13 6 49 2 26 7 0 8 4 5 11 2 Surrey Cloverdale Sales New Listings Active Listings Benchmark Price Median Price Average Price Dec 24 Dec 23 35 25 27 12 102 99 1 485 700 1 445 400 1 500 000 1 417 000 1 560 815 1 422 751 Detached change Nov 24 40 0 34 125 0 54 3 0 164 2 8 1 480 400 5 9 1 433 500 9 7 1 584 306 Townhouse change Dec 24 Dec 23 change Nov 24 2 9 28 19 47 4 31 50 0 25 21 19 0 41 37 8 76 50 52 0 95 0 4 847 500 840 800 0 8 856 700 4 6 787 000 835 000 5 7 825 000 1 5 810 514 810 226 0 0 830 900 Apartment change Dec 24 Dec 23 change Nov 24 9 7 11 13 15 4 12 39 0 9 5 80 0 20 20 0 54 24 125 0 68 1 1 597 700 560 200 6 7 593 300 4 6 582 000 512 000 13 7 555 000 2 5 632 354 527 423 19 9 579 916 change 8 3 55 0 20 6 0 7 4 9 9 0 Surrey North Sales New Listings Active Listings Benchmark Price Median Price Average Price Dec 24 Dec 23 24 31 43 33 295 212 1 472 900 1 445 600 1 401 500 1 330 000 1 443 249 1 461 629 Detached change Nov 24 22 6 45 30 3 97 39 2 371 1 9 1 463 600 5 4 1 516 000 1 3 1 589 890 Townhouse change Dec 24 Dec 23 change Nov 24 46 7 16 12 33 3 14 55 7 13 12 8 3 35 20 5 80 51 56 9 112 0 6 754 600 738 900 2 1 771 200 7 6 813 500 806 250 0 9 811 950 9 2 850 756 797 125 6 7 781 600 Apartment change Dec 24 Dec 23 change Nov 24 14 3 88 83 6 0 107 62 9 134 74 81 1 246 28 6 553 372 48 7 688 2 2 478 900 483 200 0 9 480 100 0 2 489 450 515 000 5 0 480 000 8 8 503 492 537 320 6 3 495 789 change 17 8 45 5 19 6 0 2 2 0 1 6 Source Fraser Valley Real Estate Board MLS Summary Page 3 of 3

Grand Totals Sales New Listings Number of FVREB members MLS 5 year summary Fraser Valley Year end 2024 2024 14 570 35 698 5 234 All Sales 2023 change 14 713 1 0 29 610 20 6 5 126 2 1 2021 27 692 35 629 4 379 change 47 4 0 2 19 5 2019 15 487 30 568 3 691 change 5 9 16 8 41 8 All areas combined Sales New Listings Median Price Average Price Detached 2024 2023 change 2021 4 835 4 800 0 7 10 772 12 681 10 831 17 1 14 402 1 443 000 1 420 000 1 6 1 350 000 1 528 610 1 525 644 0 2 1 438 129 change 2019 55 1 5 770 11 9 11 746 6 9 930 000 6 3 1 007 124 change 16 2 8 0 55 2 51 8 Abbotsford Sales New Listings Median Price Average Price Mission Sales New Listings Median Price Average Price Detached 2024 2023 change 2021 764 730 4 7 1 726 1 851 1 640 12 9 2 183 1 150 000 1 140 000 0 9 1 120 000 1 209 234 1 183 067 2 2 1 161 630 change 55 7 15 2 2 7 4 1 2019 917 1 783 765 000 811 077 change 16 7 3 8 50 3 49 1 Detached 2024 2023 change 2021 387 408 5 1 795 913 836 9 2 905 983 000 968 750 1 5 945 000 1 039 989 1 007 604 3 2 1 001 711 change 51 3 0 9 4 0 3 8 2019 502 853 660 000 675 918 change 22 9 7 0 48 9 53 9 Source Fraser Valley Real Estate Board Year end MLS Summary Page 1 of 6

White Rock Sales New Listings Median Price Average Price Langley Sales New Listings Median Price Average Price Delta North Sales New Listings Median Price Average Price MLS 5 year summary Fraser Valley Year end 2024 Detached 2024 2023 change 2021 673 687 2 0 1 752 2 023 1 619 25 0 2 553 1 779 000 1 828 000 2 7 1 650 000 2 037 104 2 030 441 0 3 1 855 285 change 2019 61 6 725 20 8 2 087 7 8 1 250 000 9 8 1 403 524 change 7 2 3 1 42 3 45 1 Detached 2024 2023 change 2021 993 959 3 5 1 592 2 153 1 801 19 5 1 991 1 500 000 1 465 000 2 4 1 350 000 1 603 513 1 578 189 1 6 1 463 453 change 2019 37 6 956 8 1 1 689 11 1 950 000 9 6 1 027 506 change 3 9 27 5 57 9 56 1 Detached 2024 2023 change 2021 353 365 3 3 763 828 796 4 0 1 054 1 425 000 1 385 000 2 9 1 295 000 1 488 639 1 472 741 2 9 1 354 247 change 53 7 21 4 10 0 9 9 2019 452 798 917 250 973 438 change 21 9 3 8 55 4 52 9 Source Fraser Valley Real Estate Board Year end MLS Summary Page 2 of 6

MLS 5 year summary Fraser Valley Year end 2024 Detached City of Surrey Combined 2024 2023 change 2021 Sales 2 328 2 200 5 8 5 512 Average Price 1 692 240 1 690 133 0 1 1 562 963 North Surrey Central Surrey Cloverdale and South Surrey excl White Rock change 2019 57 8 2 797 8 3 1 108 754 change 16 8 52 6 Surrey Central Sales New Listings Median Price Average Price Detached 2024 2023 change 2021 739 805 8 2 2 202 2 556 2 281 12 1 3 050 1 542 000 1 535 000 0 5 1 436 256 1 590 765 1 633 317 2 6 1 500 438 change 2019 66 4 1 188 16 2 2 468 7 4 999 000 6 0 1 057 224 change 37 8 3 6 54 4 50 5 Surrey Cloverdale Sales New Listings Median Price Average Price Surrey North Sales New Listings Median Price Average Price Detached 2024 2023 change 2021 466 367 27 0 796 998 719 38 8 1 004 1 470 000 1 430 000 2 8 1 351 250 1 527 643 1 487 059 2 7 1 414 445 change 2019 41 5 466 0 6 803 8 8 960 000 8 0 1 001 634 change 0 0 24 3 53 1 52 5 Detached 2024 2023 change 2021 450 472 4 7 1 143 1 333 1 126 18 4 1 658 1 449 950 1 450 000 0 0 1 374 000 1 513 571 1 554 256 2 6 1 434 306 change 2019 60 6 561 19 6 1 257 5 5 920 000 5 5 1 004 602 change 19 8 6 0 57 6 50 7 Source Fraser Valley Real Estate Board Year end MLS Summary Page 3 of 6

Grand Totals Sales New Listings Number of FVREB members All areas combined Sales New Listings Median Price Average Price MLS 5 year summary Fraser Valley Year end 2024 2024 14 570 35 698 5 234 All Sales 2023 change 14 713 1 0 29 610 20 6 5 126 2 1 2021 27 692 35 629 4 379 change 47 4 0 2 19 5 2019 15 487 30 568 3 691 change 5 9 16 8 41 8 Townhouse Apartment 2024 2023 change 2021 change 2019 change 2024 2023 change 2021 change 2019 change 3 695 3 681 0 4 6 819 45 8 3 888 5 0 4 486 4 654 3 6 7 357 39 0 4 115 9 0 7 511 5 836 28 7 7 668 2 0 6 638 13 2 10 178 8 097 25 7 8 865 14 8 7 172 41 9 835 000 825 000 1 2 730 000 14 4 564 950 47 8 535 000 522 200 2 5 460 000 16 3 370 000 44 6 851 727 831 081 2 5 738 510 15 3 569 732 49 5 558 647 546 104 2 3 479 868 16 4 391 345 42 8 Abbotsford Sales New Listings Median Price Average Price Mission Sales New Listings Median Price Average Price Townhouse Apartment 2024 2023 change 2021 change 2019 change 2024 2023 change 2021 change 2019 change 501 524 4 4 792 36 7 506 1 0 740 837 11 6 1 271 41 8 834 11 3 853 747 14 2 926 7 9 947 9 9 1 448 1 262 14 7 1 476 1 9 1 313 10 3 694 900 661 500 5 0 615 000 13 0 466 500 49 0 440 000 418 000 5 3 370 000 18 9 300 000 46 7 686 334 654 503 4 9 614 833 11 6 458 995 49 5 453 396 426 706 6 3 380 686 19 1 308 821 46 8 Townhouse Apartment 2024 2023 change 2021 change 2019 change 2024 2023 change 2021 change 2019 change 105 86 22 1 82 28 0 87 20 7 86 56 53 6 65 32 3 37 132 4 173 169 2 4 82 111 0 132 31 1 244 192 27 1 70 248 6 64 281 3 714 900 698 950 2 3 625 000 14 4 485 000 47 4 415 000 461 450 10 1 350 000 18 6 290 000 43 1 689 363 669 683 2 9 592 389 16 4 480 052 43 6 441 270 466 114 5 3 361 127 22 2 298 989 47 6 Source Fraser Valley Real Estate Board Year end MLS Summary Page 4 of 6

White Rock Sales New Listings Median Price Average Price Langley Sales New Listings Median Price Average Price Delta North Sales New Listings Median Price Average Price MLS 5 year summary Fraser Valley Year end 2024 Townhouse 2024 2023 change 581 576 0 9 1 268 886 43 1 980 000 969 000 1 1 1 031 143 1 012 325 1 9 2021 1 116 1 216 838 400 872 111 change 47 9 4 3 16 9 18 2 2019 609 1 178 665 000 689 691 Apartment change 2024 2023 change 2021 4 6 717 757 5 3 1 232 7 6 1 563 1 268 23 3 1 481 47 4 629 500 615 000 2 4 539 500 49 5 716 987 687 901 4 2 612 801 change 2019 41 8 650 5 5 1 300 16 7 447 637 17 0 504 148 change 10 3 20 2 40 6 42 2 Townhouse Apartment 2024 2023 change 2021 change 2019 change 2024 2023 change 2021 change 2019 change 927 842 10 1 1 593 41 8 922 0 5 1 103 1 138 3 1 1 727 36 1 827 33 4 1 663 1 223 36 0 1 737 4 3 1 372 21 2 2 361 1 848 27 8 2 055 14 9 1 485 59 0 865 000 845 000 2 4 745 000 16 1 569 950 51 8 570 000 555 000 2 7 486 000 17 3 385 000 48 1 885 220 855 438 3 5 756 175 17 1 571 215 55 0 583 166 575 937 1 3 502 406 16 1 413 855 40 9 Townhouse Apartment 2024 2023 change 2021 change 2019 change 2024 2023 change 2021 change 2019 change 67 77 13 0 134 50 0 66 1 5 87 88 1 1 176 50 6 101 13 9 142 126 12 7 149 4 7 141 0 7 205 159 28 9 239 14 2 161 27 3 912 000 905 000 0 8 772 950 18 0 639 000 42 7 599 000 527 500 13 6 503 750 18 9 380 000 57 6 930 988 932 423 0 2 786 520 18 4 662 856 40 5 575 891 555 347 3 7 492 101 17 0 381 888 50 8 Source Fraser Valley Real Estate Board Year end MLS Summary Page 5 of 6

MLS 5 year summary Fraser Valley Year end 2024 Townhouse City of Surrey Combined 2024 2023 change Sales 2 095 2 125 1 4 Average Price 882 063 866 335 1 8 North Surrey Central Surrey Cloverdale and South Surrey excl White Rock 2021 change 4 164 49 7 755 430 16 8 2019 change 2 275 7 9 593 119 48 7 2024 2 468 582 817 Apartment 2023 change 2 177 13 4 542 016 7 5 2021 change 3 575 31 0 475 589 22 5 2019 change 2 020 22 2 393 244 48 2 Surrey Central Sales New Listings Median Price Average Price Townhouse Apartment 2024 2023 change 2021 change 2019 change 2024 2023 change 2021 change 2019 change 860 906 5 1 1 926 55 3 1 021 15 8 327 353 7 4 621 47 3 386 15 3 2 113 1 679 25 8 2 237 5 5 1 749 20 8 884 708 24 9 767 15 3 628 40 8 837 000 834 999 0 2 726 000 15 3 575 000 45 6 550 000 545 000 0 9 451 500 21 8 369 000 49 1 829 675 825 181 0 5 725 462 14 4 570 352 45 5 540 763 542 389 0 3 451 712 19 7 369 008 46 5 Surrey Cloverdale Sales New Listings Median Price Average Price Surrey North Sales New Listings Median Price Average Price Townhouse Apartment 2024 2023 change 2021 change 2019 change 2024 2023 change 2021 change 2019 change 444 409 8 6 727 38 9 464 4 3 161 163 1 2 337 52 2 267 39 7 795 578 37 5 802 0 9 727 9 4 314 234 34 2 359 12 5 350 10 3 825 000 825 000 0 0 724 000 14 0 547 500 50 7 580 000 523 000 10 9 474 000 22 4 380 000 52 6 834 997 816 974 2 2 726 122 15 0 556 991 49 9 583 094 534 363 9 1 488 048 19 5 396 507 47 1 Townhouse Apartment 2024 2023 change 2021 change 2019 change 2024 2023 change 2021 change 2019 change 210 261 19 5 448 53 1 213 1 4 1 263 1 257 0 5 1 927 34 5 1 013 24 7 504 428 17 8 518 2 7 391 28 9 3 157 2 413 30 8 2 417 30 6 1 853 70 4 763 500 765 000 0 2 642 000 18 9 505 000 51 2 502 000 506 000 0 8 441 000 13 8 374 000 34 2 783 657 772 923 1 4 650 890 20 4 515 955 51 9 517 501 518 489 0 2 450 676 14 8 379 994 36 2 Source Fraser Valley Real Estate Board Year end MLS Summary Page 6 of 6

RESIDENTIAL COMBINED DETACHED TOWNHOUSE APARTMENT MLS Home Price Index Fraser Valley December 2024 BENCHMARK INDEX PRICE HPI ONE MONTH CHANGE LOWER MAINLAND FRASER VALLEY BOARD NORTH DELTA NORTH SURREY SURREY CLOVERDALE SOUTH SURREY WHITE ROCK LANGLEY ABBOTSFORD MISSION 1 101 300 336 2 0 2 965 000 346 4 0 5 1 212 700 385 2 1 0 728 700 331 2 0 3 1 038 400 363 1 0 3 1 038 300 344 0 0 2 1 139 100 298 7 1 1 1 027 700 345 2 0 6 771 800 350 7 0 1 912 800 358 5 0 4 LOWER MAINLAND FRASER VALLEY BOARD NORTH DELTA NORTH SURREY SURREY CLOVERDALE SOUTH SURREY WHITE ROCK LANGLEY ABBOTSFORD MISSION 1 781 100 390 9 0 0 1 480 400 420 8 0 1 1 415 600 425 1 0 9 1 472 900 455 4 0 6 1 522 000 436 4 0 1 1 485 700 423 4 0 4 1 869 700 360 9 0 1 1 606 500 424 6 0 7 1 195 200 413 4 0 2 1 023 000 377 5 0 3 LOWER MAINLAND FRASER VALLEY BOARD NORTH DELTA NORTH SURREY SURREY CLOVERDALE SOUTH SURREY WHITE ROCK LANGLEY ABBOTSFORD MISSION 976 400 372 8 0 5 827 900 371 6 0 9 950 400 414 1 0 7 754 600 430 2 2 2 830 300 381 2 0 6 847 500 347 6 1 1 932 000 296 1 2 1 862 800 372 9 0 5 654 500 362 0 0 5 682 700 364 1 0 6 LOWER MAINLAND FRASER VALLEY BOARD NORTH DELTA NORTH SURREY SURREY CLOVERDALE SOUTH SURREY WHITE ROCK LANGLEY ABBOTSFORD MISSION 696 900 349 7 0 4 533 900 437 3 0 4 559 000 535 4 1 8 478 900 442 2 0 3 559 400 509 9 0 8 597 700 440 8 0 8 610 000 360 1 0 9 599 900 417 5 0 2 436 300 467 6 0 5 457 900 410 3 1 2 THREE MONTH CHANGE 0 9 1 4 3 0 1 7 0 0 0 8 4 3 1 3 0 1 1 2 1 2 1 4 3 6 1 7 0 8 1 4 3 4 1 6 0 5 1 9 0 7 0 8 2 2 0 9 0 3 0 4 3 4 1 2 0 5 1 6 1 6 2 0 3 8 2 1 2 7 1 3 5 6 1 1 0 6 1 1 SIX MONTH CHANGE 3 1 3 6 2 9 5 0 4 2 1 9 6 1 1 7 2 8 3 9 2 9 3 2 2 6 2 8 2 9 2 3 5 3 1 9 2 6 3 2 2 2 2 7 2 0 4 7 3 4 1 5 4 8 1 1 1 8 1 1 3 0 3 1 4 7 3 9 2 5 1 1 4 2 2 9 2 4 0 3 ONE YEAR CHANGE 0 1 2 0 3 0 4 6 1 8 1 6 5 7 0 3 0 8 0 8 2 2 0 9 4 7 1 9 1 1 2 8 1 6 0 6 2 6 4 3 2 4 0 3 2 1 2 1 1 0 0 8 2 0 0 4 2 7 4 5 0 0 0 2 1 9 0 9 1 3 6 7 2 1 0 9 0 5 2 1 THREE YEAR CHANGE 0 5 7 1 7 2 12 6 7 2 3 3 5 9 1 2 10 8 9 9 2 1 4 0 6 1 4 0 2 4 3 2 0 1 3 0 10 2 8 2 7 8 3 8 1 6 4 8 1 9 1 6 1 1 9 3 4 8 11 0 7 4 6 4 6 1 3 6 11 5 3 9 7 0 7 1 8 2 13 5 FIVE YEAR CHANGE 34 9 43 6 42 9 34 0 44 4 50 5 41 4 44 0 45 1 49 7 45 4 53 5 49 3 55 2 54 7 52 2 46 8 53 0 52 2 54 5 45 8 49 6 40 0 41 6 50 0 50 6 49 2 51 8 50 0 56 8 27 5 44 9 26 0 34 8 51 4 44 0 41 8 47 3 53 7 52 6 TEN YEAR CHANGE 76 6 110 7 134 6 92 3 128 4 134 3 74 3 122 0 139 7 168 1 94 7 148 6 154 9 164 6 164 5 160 9 102 2 166 5 175 4 185 1 132 4 153 8 136 6 184 0 168 3 162 9 103 7 167 5 175 3 188 5 103 0 181 4 212 0 169 5 222 3 178 8 155 0 185 8 234 5 238 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

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

Sales to Active Listings Ratio All Types Fraser Valley 100 90 According to BCREA a balanced market in the Lower Mainland ranges between 12 20 This graph includes all Residential and Commercial property types 80 70 Sellers Market 60 50 40 30 Balanced Market 20 10 Buyers Market 0 December month end 16 Ratio 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Fraser Valley Real Estate Board

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

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

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 Average Price Residential Detached all Fraser Valley 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

40 000 35 000 30 000 25 000 20 000 15 000 10 000 5 000 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 Annual Sales New Listings Average Price All Property Types Fraser Valley Sales New Listings Average Price 1 200 000 1 000 000 800 000 600 000 400 000 200 000