data pack: the vancouver rennie review | March 2025

DATA-DRIVEN INSIGHTS INTO SALES, LISTINGS, & PRICING TRENDS FOR 16 SUB-MARKETS IN THE VANCOUVER REGION the vancouver rennie review

published March 2025

table of contents

02 INTRO

Each month, we release the rennie review, a detailed look at the real estate marketplace in the Vancouver Region. This report examines the market stats by sub-market, provides updates on current rennie projects, and more.

03 WHAT YOU NEED TO KNOW

04 FEATURED LISTINGS

MARKET AREA PROFILES

05 08 11 14 17 20 23 26 29 32 35 38 41 44 47 51 52 56 58

Vancouver Region

Greater Vancouver Board Area Fraser Valley Board Area

Roman Melzer MARKET ANALYST

Ryan Wyse LEAD ANALYST & MARKET INTELLIGENCE MANAGER rwyse@rennie.com

Ryan Berlin SENIOR ECONOMIST VICE PRESIDENT, INTELLIGENCE rberlin@rennie.com

Burnaby North Burnaby South

rmelzer@rennie.com

Coquitlam

Langley

North Delta

New Westminster North Vancouver

Port Moody Richmond

Squamish

Surrey

Vancouver East

Vancouver Downtown

Vancouver West West Vancouver

Whistler

63 AREA MAPS

66 GLOSSARY

68 CURRENT PROJECTS

2 Copyright © 2025 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of March 10, 2025. All data from Greater Vancouver REALTORS®, Fraser Valley Real Estate Board, Whistler Listings System, and rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E.

macro-ality trumps seasonality The threat of tariffs has become reality with significant consequences for the economy, jobs, and inflation. The weight of uncertainty has already led to a notable shift in housing market activity.

changing US tariff threats is restraining consumers’ spending intentions and businesses’ plans to hire and invest. Against this background, and with inflation close to the 2% target, Governing Council decided to reduce the policy rate by a further 25 basis points.” For the Vancouver Region, this “pervasive uncertainty” has had the effect of significantly restraining housing market activity. Whereas typical seasonality sees sales rise 49% between January and February, last month saw sales rise by a more muted 14% month-over-month. Following a consistent pattern of improving activity since October, with four consecutive months of year-over-year sales gains and sales moving closer to their long-run monthly averages, that trend was completely reversed in February. Sales of 2,665 were down 18% year-over-year and 35% below the prior 10- year February average of 4,084. Subdued sales, in tandem with continued above average new listings, had the effect of pushing inventory higher in February. There were 19,482 active listings across the region at the end of the month, up 42% from last February and 50% above the prior 10-year February average (of 12,968 listings). For potential buyers who need to make a move, or those willing to see through this latest bout of uncertainty, the opportunities are abundant. Looking ahead, the general expectation for stronger housing market activity this year has quickly been turned on its head. While market seasonality typically sees activity build into the busy spring market, expect “macro-ality” to play an outsized role in the months ahead.

The threat of US-imposed tariffs on Canadian exports have hung overhead for months, but on March 4th, the nation woke up to find that those threats had become reality. While these tariffs were partially walked back over the course of the next two days—first with a one-month exemption on automotive exports, and then with a one- month exemption on all CUSMA-compliant exports—long-term damage has already been done to one of the closest economic, cultural, and diplomatic partnerships in history. For BC, the costs of a prolonged trade war with the US would be substantial, though on a relative basis, the province would fare better than others. In 2024, total merchandise exports from BC were $54.5 billion, of which 53% ($28.7 billion) went to the US. That paled in comparison to provinces like Alberta at 89% ($161.6 billion), Ontario at 77% ($194.9 billion), and

Quebec at 75% ($91.0 billion). In fact, BC had the second-lowest US export exposure of any province in Canada. Still, finding new customers for tens of billions worth of goods and replacing trade relationships that have been decades in making would not come without significant challenges for businesses and labour. US tariffs on Canada will weigh on economic output and consumption, which is disinflationary . However, in response, Canada has announced a series of targeted retaliatory tariffs on US imports, which is inflationary . This puts the Bank of Canada in a difficult position when it comes to determining monetary policy. So far, the consensus among economists is that a trade war will lead to deeper interest rate cuts. The Bank’s decision to cut its policy rate on March 12th provided some insight into how it is navigating the situation. “The pervasive uncertainty created by continuously

3 Copyright © 2025 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of March 10, 2025. All data from Greater Vancouver REALTORS®, Fraser Valley Real Estate Board, Whistler Listings System, and rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E.

featured listings SEARCH FOR THE HOME YOU LOVE AT RENNIE.COM

House for Sale

The Observatory

House for Sale

$6,498,000 | COQUITLAM

$4,200,000 | NORTH VAN 2901 - 120 W. 2 Street 3 Bed, 3 Bath, 2,328 SF

$29,998,000 | WEST VAN 730 Fairmile Road 8 Bed, 11 Bath, 14,759 SF

3417 Roxton Avenue 4 Bed, 3 Bath, 2,927 SF

Vesna Todic 604.728.6331

Kim Taylor 604.315.2645

Jason Soprovich 604.817.8812

House for Sale

House for Sale

House for Sale $2,495,000 | BURNABY NORTH 4487 Napier Street

$3,478,000 | SQUAMISH 2213 Windsail Place 7 Bed, 7 Bath, 4,828 SF

$3,549,000 | WHISTLER 3114 Tyrol Crescent 6 Bed, 4 Bath, 3,268 SF

4 Bed, 4 Bath, 3,654 SF Brandan Price PREC* 604.765.9555

Brian Young 604.250.3662

Carleigh Hofman 604.805.5358

Raphael

House for Sale

The Melville

$1,839,900 | KITSILANO 202 - 3668 W. 10th Avenue 2 Bed, 2 Bath, 1,174 SF

$2,288,888 | PORT MOODY

$1,499,900 | DOWNTOWN 2901 - 1189 Melville Street 2 Bed, 2 Bath, 1,193 SF

3580 Main Avenue 4 Bed, 3 Bath, 3,080 SF Randy Rinaldo PREC* 604.781.4995

Daniel Lu 604.435.8380

Sarah Shayegi 778.919.8551

Azura One

The Sentinel

Orca Place

$1,499,000 | WEST VAN 2008 - 200 Klahanie Court 2 Bed, 2 Bath, 1,029 SF

$1,399,000 | DOWNTOWN 1502 - 1438 Richards Street 2 Bed, 2 Bath, 1,135 SF

$1,298,000 | DOWNTOWN 2702 - 1166 Melville Street 2 Bed, 2 Bath, 1,061 SF Christopher Boyd PREC* 604.351.0533

Mike Ross 778.987.8874

Derek Kai PREC* 604.868.1666

Mellis Gardens

Granville at 70th $948,000 | SW MARINE 620 - 8488 Cornish Street 2 Bed, 2 Bath, 901 SF

Lupine Walk

$850,000 | RICHMOND 109 - 11240 Mellis Drive 2 Bed, 2 Bath, 1,556 SF

$799,500 | NORTH VAN 402 - 3596 Malsum Drive 2 Bed, 2 Bath, 769 SF

Flora Shi 604.720.6808

Carrie Tsang PREC* 778.865.5622

Greg Paddy 778.822.5012

Gilmore Place - Tower 2 $799,000 | BURNABY NORTH 5606 - 2108 Gilmore Avenue 2 Bed, 1 Bath, 708 SF

Meccanica

Lupine Walk

$775,000 | MT. PLEASANT

$759,900 | NORTH VAN 504 - 3596 Malsum Drive 2 Bed, 1 Bath, 747 SF

311 - 108 E. 1st Avenue 1 Bed, 1 Bath, 673 SF Eric Zamora PREC* 778.389.4556

Brandon Favaro 604.839.8121

Chaz Takhar 778.883.7176

* Personal Real Estate Corporation

Copyright © 2025 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of March 10, 2025. All data from Greater Vancouver REALTORS®, Fraser Valley Real Estate Board, Whistler Listing System, and rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E.

4

vancouver region DETACHED - FEBRUARY 2 0 2 5

SALES TO LISTINGS RATIO 10% BUYERS' MARKET

▶ MARKET SUMMARY

AVERAGE PRICE

MEDIAN PRICE

TOTAL INVENTORY

SALES

▲ 1.5% VS 2024

▲ 36% VS 2024

▼ 0.6% VS 2024

▼ 23% VS 2024

There were 7,838 detached listings in the Vancouver Region in February, 9% above January and 36% higher than February 2024. February detached home sales increased by 20% month-over-month, to 758, and were 23% below February 2024. The sales-to-listing ratio for detached in the Vancouver Region, at 10%, re)ected a buyers' market. The detached median price in February was $1,650,000, a 1.5% decrease from January and 0.6% below February 2024. The average sold price was $1,950,212, 1.2% above last month and up 1.5% to February 2024.

THIS MONTH No. $1,950,212 $1,650,000 10% 758 7,838

PREVIOUS MONTH

PREVIOUS YEAR

No.

% Change

No.

% Change

TOTAL INVENTORY TOTAL SALES SALES-LISTINGS RATIO MEDIAN SOLD PRICE AVERAGE SOLD PRICE

$1,921,103 $1,660,000 17% 981 5,752

1.5% -0.6% -43% -23% 36%

$1,927,984 $1,675,000 9% 634 7,171

1.2% -1.5% 9% 20% 9%

▶ RATIO OF MEDIAN PRICES

▶ RECENT TRENDS

● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO

● SALES ● TOTAL INVENTORY ● MEDIAN PRICE

9,274

9,255

9,757

9,065

8,563

8,462

9,209

7,826

7,838

1.79

1.76

1.76

7,171

7,077

6,462

5,752

1.47

1.45

1.43

1,385

1,289

1,205

1,085

1,055

893

852

832

634

981

758

1,153

1,100

$1.66M $1.69M $1.73M $1.72M $1.70M $1.70M $1.65M $1.68M $1.65M $1.64M $1.70M $1.68M $1.65M

24-Feb

25-Jan

25-Feb

▶ TOTAL LISTINGS & SALES BY PRICE RANGE

SELLERS' MARKET 21% +

BALANCED 12 - 20%

BUYERS' MARKET <12%

● SALES ● TOTAL INVENTORY ● S-L RATIO

2,000

1,500

1,000

500

17%

17%

16%

11%

8%

7%

6%

4%

4%

1%

0

<$1M

$1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2.0M-2.49M $2.5M-2.99M $3.0M-3.99M $4.0M-4.99M $5.0M-5.99M

$6.0M+

S-L RATIO SALES INVENTORY

325 54 17%

471 81 17%

1,010 162 16%

1,911 215 11%

1,117 92 8%

884 64 7%

932 55 6%

463 20 4%

240 9 4%

485 6 1%

Copyright © 2025 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of March 10, 2025. All data from Greater Vancouver REALTORS®, Fraser Valley Real Estate Board, Whistler Listing System, and rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E. 5 ●

vancouver region TOWNHOME - FEBRUARY 2 0 2 5

SALES TO LISTINGS RATIO 19% BALANCED MARKET

▶ MARKET SUMMARY

AVERAGE PRICE

AVERAGE PSF PRICE ▼ 0.4% VS 2024

MEDIAN PRICE

TOTAL INVENTORY

SALES

▲ 48% VS 2024

▼ 3% VS 2024

▼ 0.8% VS 2024

▼ 9% VS 2024

There were 2,918 townhome listings in the Vancouver Region in February, 12% above January and 48% higher than February 2024. February townhome sales increased by 14% month-over-month, to 556, and were 9% below February 2024. The sales-to-listing ratio for townhomes in the Vancouver Region, at 19%, re)ected a balanced market. The townhome median price in February was $939,950, a 0.2% increase from January and 0.8% below February 2024. The average sold price was $1,002,662, 0.1% below last month; the average PSF sale price was $662, down 0.5% to last month.

THIS MONTH No. $662 $1,002,662 $939,950 19% 556 2,918

PREVIOUS MONTH

PREVIOUS YEAR

No.

% Change

No.

% Change

TOTAL INVENTORY TOTAL SALES SALES-LISTINGS RATIO MEDIAN SOLD PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF

$664 $1,029,091 $947,500 31% 614 1,967

-0.4% -3% -0.8% -39% -9% 48%

$665 $1,003,209 $937,750 19% 486 2,615

14% 12%

-0.5% -0.1% 0.2% 3%

▶ AVG PRICE PER SQUARE FOOT

▶ RECENT TRENDS

● FEB 2024 ● FEB 2025

● SALES ● TOTAL INVENTORY ● MEDIAN PRICE

3,230

3,070

2,926

2,918

3,292

3,167

2,918

3,110

2,594

2,615

2,388

1,967

2,139

873

818

797

754

722

614

556

722

626

586

552

536

486

$955K

$948K

$940K

$940K

$926K

$930K

$938K

$925K

$925K

$920K

$899K

$898K

$890K

Vancouver Region

REBGV

▶ NUMBER OF BEDROOMS

▶ TOTAL LISTINGS & SALES BY PRICE RANGE

SELLERS' MARKET 21% +

BALANCED 12 - 20%

BUYERS' MARKET <12%

● SALES ● TOTAL INVENTORY

● SALES ● TOTAL INVENTORY ● S-L RATIO

120

4+ bdrms

800

788

284

3 bdrms

600

1,430

148

400

2 bdrms

641

27%

25%

20%

17%

16%

200

4

<2 bdrms

6%

5%

4%

59

0

<$600K $600K-799K $800K-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2.0M-2.49M $2.5M+

Null

S-L RATIO SALES INVENTORY

127 20 16%

476 128 27%

906 184 20%

534 131 25%

398 66 17%

297 19 6%

81 4 5%

99 4 4%

Copyright © 2025 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of March 10, 2025. All data from Greater Vancouver REALTORS®, Fraser Valley Real Estate Board, Whistler Listing System, and rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E. 6 ●

vancouver region CONDO - FEBRUARY 2 0 2 5

SALES TO LISTINGS RATIO 16% BALANCED MARKET

▶ MARKET SUMMARY

AVERAGE PRICE

AVERAGE PSF PRICE ▼ 2% VS 2024

MEDIAN PRICE

TOTAL INVENTORY

SALES

▲ 0.6% VS 2024

▲ 47% VS 2024

▼ 2% VS 2024

▼ 17% VS 2024

There were 8,019 condo listings in the Vancouver Region in February, 13% above January and 47% higher than February 2024. February condo sales increased by 13% month-over-month, to 1,259, and were 17% below February 2024. The sales-to-listing ratio for condos in the Vancouver Region, at 16%, re)ected a balanced market. The condo median price in February was $654,000, a 1.7% decrease from January and 0.6% above February 2024. The average sold price was $735,678, 0.8% below last month; the average PSF sale price was $862, up 1.2% to last month.

THIS MONTH No.

PREVIOUS MONTH

PREVIOUS YEAR

No.

% Change

No.

% Change

TOTAL INVENTORY TOTAL SALES SALES-LISTINGS RATIO MEDIAN SOLD PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF

1,259 8,019

1,517 5,458

0.6% -44% -17% 47%

1,113 7,126

13% 13%

$862 $735,678 $654,000 16%

$882 $751,995 $650,000 28%

$853 $741,243 $665,000 16%

1.2% -0.8% -1.7% 0.5%

-2% -2%

▶ AVG PRICE PER SQUARE FOOT

▶ RECENT TRENDS

● FEB 2024 ● FEB 2025

● SALES ● TOTAL INVENTORY ● MEDIAN PRICE

8,251

8,524

7,960

7,736

8,731

8,019

7,106

8,004

8,000

7,126

6,585

6,039

5,458

1,877

1,782

1,795

1,567

1,517

1,259

1,618

1,645

1,455

1,336

1,237

1,207

1,113

$678K

$672K

$671K

$673K

$658K

$665K

$650K

$655K

$655K

$650K

$650K

$654K

$644K

Vancouver Region

REBGV

▶ NUMBER OF BEDROOMS

▶ TOTAL LISTINGS & SALES BY PRICE RANGE

SELLERS' MARKET 21% +

BALANCED 12 - 20%

BUYERS' MARKET <12%

● SALES ● TOTAL INVENTORY

● SALES ● TOTAL INVENTORY ● S-L RATIO

2,500

50 2

4+ bdrms

2,000

71

1,500

3 bdrms

715

1,000

707

19% 18%

2 bdrms

14% 13%

500

4,387

9%

8%

6%

3%

0

479

<$600K $600K-799K $800K-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2.0M-2.49M $2.5M+

<2 bdrms

S-L RATIO SALES INVENTORY

2,456 471 19%

2,510 440 18%

1,363 197 14%

614 78 13%

397 31 8%

341 30 9%

108 6 6%

230 6 3%

2,867

Copyright © 2025 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of March 10, 2025. All data from Greater Vancouver REALTORS®, Fraser Valley Real Estate Board, Whistler Listing System, and rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E. 7 ●

greater vancouver board area DETACHED - FEBRUARY 2 0 2 5

SALES TO LISTINGS RATIO 10% BUYERS' MARKET

▶ MARKET SUMMARY

AVERAGE PRICE

MEDIAN PRICE

TOTAL INVENTORY

SALES

▲ 32% VS 2024

▼ 1.0% VS 2024

▼ 3% VS 2024

▼ 16% VS 2024

There were 4,566 detached listings in the Greater Vancouver board area in February, 8% above January and 32% higher than February 2024. February detached home sales increased by 24% month-over-month, to 467, and were 16% below February 2024. The sales-to-listing ratio for detached in the Greater Vancouver board area, at 10%, re(ected a buyers' market.

THIS MONTH No. $2,163,350 $1,860,000 10% 467 4,566

PREVIOUS MONTH

PREVIOUS YEAR

No.

% Change

No.

% Change

TOTAL INVENTORY TOTAL SALES SALES-LISTINGS RATIO MEDIAN SOLD PRICE AVERAGE SOLD PRICE

$2,184,427 $1,920,000 16% 553 3,456

-36% -16% 32%

$2,112,710 $1,850,000 9% 378 4,245

2% 0.5% 15% 24% 8%

The detached median price in February was $1,860,000, a 0.5% increase from January and 3% below February 2024.

The average sold price was $2,163,350, 2% above last month and down 1% to February 2024.

-1% -3%

▶ RATIO OF MEDIAN PRICES

▶ RECENT TRENDS

● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO

● SALES ● TOTAL INVENTORY ● MEDIAN PRICE

5,580

5,866

5,381

5,101

5,063

5,473

5,406

4,648

1.78

4,566

1.73

1.72

4,245

4,214

1.53

3,456

3,820

1.52

1.50

826

794

713

675

626

498

508

483

378

553

467

650

677

$1.97M $1.88M $1.88M

$1.92M $1.91M $1.94M $1.97M

$1.84M $1.85M $1.85M $1.85M $1.85M $1.86M

24-Feb

25-Jan

25-Feb

▶ TOTAL LISTINGS & SALES BY PRICE RANGE

SELLERS' MARKET 21% +

BALANCED 12 - 20%

BUYERS' MARKET <12%

● SALES ● TOTAL INVENTORY ● S-L RATIO

1,000

800

600

400

20%

20%

18%

15%

200

11%

8%

6%

5%

4%

2%

0

<$1M

$1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2.0M-2.49M $2.5M-2.99M $3.0M-3.99M $4.0M-4.99M $5.0M-5.99M

$6.0M+

S-L RATIO SALES INVENTORY

185 34 18%

155 31 20%

319 65 20%

932 137 15%

719 77 11%

581 48 8%

724 43 6%

381 18 5%

188 8 4%

382 6 2%

Copyright © 2025 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of March 10, 2025. All data from Greater Vancouver REALTORS®, Fraser Valley Real Estate Board, Whistler Listing System, and rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E. 8 ●

greater vancouver board area TOWNHOME - FEBRUARY 2 0 2 5

SALES TO LISTINGS RATIO 19% BALANCED MARKET

▶ MARKET SUMMARY

AVERAGE PRICE

AVERAGE PSF PRICE ▼ 1.0% VS 2024

MEDIAN PRICE

TOTAL INVENTORY

SALES

▲ 40% VS 2024

▼ 3% VS 2024

▼ 0.7% VS 2024

▼ 10% VS 2024

There were 1,548 townhome listings in the Greater Vancouver board area in February, 13% above January and 40% higher than February 2024. February townhome sales increased by 16% month-over-month, to 293, and were 10% below February 2024. The sales-to-listing ratio for townhomes in the Greater Vancouver board area, at 19%, re(ected a balanced market. The townhome median price in February was $1,075,000, a 0.5% decrease from January and 0.7% below February 2024. The average sold price was $1,120,172, 0.4% below last month; the average PSF sale price was $766, down 1.0% to last month.

THIS MONTH No. $766 $1,120,172 $1,075,000 19% 293 1,548

PREVIOUS MONTH

PREVIOUS YEAR

No.

% Change

No.

% Change

TOTAL INVENTORY TOTAL SALES SALES-LISTINGS RATIO MEDIAN SOLD PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF

$774 $1,148,934 $1,082,500 29% 324 1,102

-1% -3% -0.7% -36% -10% 40%

$774 $1,124,109 $1,080,000 18% 253 1,372

16% 13%

-1% -0.4% -0.5% 3%

▶ AVG PRICE PER SQUARE FOOT

▶ RECENT TRENDS

● FEB 2024 ● FEB 2025

● SALES ● TOTAL INVENTORY ● MEDIAN PRICE

1,707

1,721

1,640

1,796

1,778

1,550

1,481

1,670

1,548

1,372

1,249

1,102

1,213

462

444

404

406

362

367

324

293

376

322

291

287

253

$1.10M $1.06M $1.08M $1.08M $1.08M

$1.08M $1.10M $1.10M $1.09M $1.11M

$1.08M $1.02M $1.01M

REBGV

FVREB

▶ NUMBER OF BEDROOMS

▶ TOTAL LISTINGS & SALES BY PRICE RANGE

SELLERS' MARKET 21% +

BALANCED 12 - 20%

BUYERS' MARKET <12%

● SALES ● TOTAL INVENTORY

● SALES ● TOTAL INVENTORY ● S-L RATIO

350

47

300

4+ bdrms

332

250

159

3 bdrms

817

200

150

83

2 bdrms

31%

348

30%

100

23%

21%

16%

4

<2 bdrms

7%

50

5%

5%

51

0

<$600K $600K-799K $800K-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2.0M-2.49M $2.5M+

Null

S-L RATIO SALES INVENTORY

43 9 21%

128 39 30%

298 69 23%

323 100 31%

305 49 16%

287 19 7%

76 4 5%

88 4 5%

Copyright © 2025 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of March 10, 2025. All data from Greater Vancouver REALTORS®, Fraser Valley Real Estate Board, Whistler Listing System, and rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E. 9 ●

greater vancouver board area CONDO - FEBRUARY 2 0 2 5

SALES TO LISTINGS RATIO 17% BALANCED MARKET

▶ MARKET SUMMARY

AVERAGE PRICE

AVERAGE PSF PRICE ▼ 4% VS 2024

MEDIAN PRICE

TOTAL INVENTORY

SALES

▲ 41% VS 2024

▼ 5% VS 2024

▼ 2% VS 2024

▼ 11% VS 2024

There were 5,857 condo listings in the Greater Vancouver board area in February, 13% above January and 41% higher than February 2024. February condo sales increased by 15% month-over-month, to 978, and were 11% below February 2024. The sales-to-listing ratio for condos in the Greater Vancouver board area, at 17%, re(ected a balanced market. The condo median price in February was $705,000, a 2% decrease from January and 2% below February 2024. The average sold price was $783,808, 3% below last month; the average PSF sale price was $919, up 0.7% to last month.

THIS MONTH No.

PREVIOUS MONTH

PREVIOUS YEAR

No.

% Change

No.

% Change

TOTAL INVENTORY TOTAL SALES SALES-LISTINGS RATIO MEDIAN SOLD PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF

$919 $783,808 $705,000 17% 978 5,857

1,095 4,155

-37% -11% 41%

$913 $805,594 $721,000 16% 852 5,182

0.7% -3% -2% 1.6% 15% 13%

$958 $828,002 $720,000 26%

-4% -5% -2%

▶ AVG PRICE PER SQUARE FOOT

▶ RECENT TRENDS

● FEB 2024 ● FEB 2025

● SALES ● TOTAL INVENTORY ● MEDIAN PRICE

6,202

6,475

6,082

5,879

5,836

6,295

5,857

5,380

5,918

5,182

4,800

4,614

4,155

1,424

1,401

1,196

1,095

978

1,336

1,249

1,210

1,099

1,014

943

894

852

$735K

$730K

$726K

$725K

$720K

$720K

$720K

$720K

$721K

$705K

$700K

$700K

$690K

REBGV

FVREB

▶ NUMBER OF BEDROOMS

▶ TOTAL LISTINGS & SALES BY PRICE RANGE

SELLERS' MARKET 21% +

BALANCED 12 - 20%

BUYERS' MARKET <12%

● SALES ● TOTAL INVENTORY

● SALES ● TOTAL INVENTORY ● S-L RATIO

2,000

47 1

4+ bdrms

1,500

58

3 bdrms

1,000

569

24%

530

20%

500

2 bdrms

15% 13%

3,131

9%

8%

3%

3%

0

389

<$600K $600K-799K $800K-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2.0M-2.49M $2.5M+

<2 bdrms

S-L RATIO SALES INVENTORY

1,160 274 24%

1,837 373 20%

1,258 188 15%

574 74 13%

374 31 8%

325 29 9%

103 3 3%

226 6 3%

2,110

Copyright © 2025 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of March 10, 2025. All data from Greater Vancouver REALTORS®, Fraser Valley Real Estate Board, Whistler Listing System, and rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E. 10 ●

fraser valley board area DETACHED - FEBRUARY 2 0 2 5

SALES TO LISTINGS RATIO 9% BUYERS' MARKET

▶ MARKET SUMMARY

AVERAGE PRICE

MEDIAN PRICE

TOTAL INVENTORY

SALES

▲ 1.7% VS 2024

▲ 43% VS 2024

▼ 0.5% VS 2024

▼ 32% VS 2024

There were 3,272 detached listings in the Fraser Valley board area in February, 12% above January and 43% higher than February 2024. February detached home sales increased by 14% month-over-month, to 291, and were 32% below February 2024. The sales-to-listing ratio for detached in the Fraser Valley board area, at 9%, re%ected a buyers' market.

THIS MONTH No. $1,608,164 $1,445,000 9% 291 3,272

PREVIOUS MONTH

PREVIOUS YEAR

No.

% Change

No.

% Change

TOTAL INVENTORY TOTAL SALES SALES-LISTINGS RATIO MEDIAN SOLD PRICE AVERAGE SOLD PRICE

$1,580,875 $1,452,500 19% 428 2,296

1.7% -0.5% -52% -32% 43%

$1,655,225 $1,494,500 9% 256 2,926

-3% -3% 1.7% 14% 12%

The detached median price in February was $1,445,000, a 3% decrease from January and 0.5% below February 2024.

The average sold price was $1,608,164, 3% below last month and up 1.7% to February 2024.

▶ RATIO OF MEDIAN PRICES

▶ RECENT TRENDS

● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO

● SALES ● TOTAL INVENTORY ● MEDIAN PRICE

3,868

3,891

3,675

3,462

3,399

3,736

3,684

3,178

3,272

1.78

1.72

1.69

2,926

2,863

1.62

1.59

1.57

2,642

2,296

559

492

429

395

344

349

256

428

291

495

476

450

410

$1.51M $1.49M $1.45M

$1.45M $1.49M $1.50M $1.50M $1.43M $1.45M $1.48M $1.44M

$1.40M $1.45M

24-Feb

25-Jan

25-Feb

▶ TOTAL LISTINGS & SALES BY PRICE RANGE

SELLERS' MARKET 21% +

BALANCED 12 - 20%

BUYERS' MARKET <12%

● SALES ● TOTAL INVENTORY ● S-L RATIO

1,000

800

600

400

16%

14%

14%

200

8%

6%

5%

4%

2%

2%

0

<$1M

$1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2.0M-2.49M $2.5M-2.99M $3.0M-3.99M $4.0M-4.99M $5.0M-5.99M

$6.0M+

S-L RATIO SALES INVENTORY

140 20 14%

316 50 16%

691 97 14%

979 78 8%

398 15 4%

303 16 5%

208 12 6%

82 2 2%

52 1 2%

103 0 n/a

Copyright © 2025 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of March 10, 2025. All data from Greater Vancouver REALTORS®, Fraser Valley Real Estate Board, Whistler Listing System, and rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E. 11 ●

fraser valley board area TOWNHOME - FEBRUARY 2 0 2 5

SALES TO LISTINGS RATIO 19% BALANCED MARKET

▶ MARKET SUMMARY

AVERAGE PRICE

AVERAGE PSF PRICE ▲ 0.7% VS 2024

MEDIAN PRICE

TOTAL INVENTORY

SALES

▲ 58% VS 2024

▼ 3% VS 2024

▼ 3% VS 2024

▼ 9% VS 2024

There were 1,370 townhome listings in the Fraser Valley board area in February, 10% above January and 58% higher than February 2024. February townhome sales increased by 13% month-over-month, to 263, and were 9% below February 2024. The sales-to-listing ratio for townhomes in the Fraser Valley board area, at 19%, re%ected a balanced market. The townhome median price in February was $839,900, a 0.0% decrease from January and 3% below February 2024. The average sold price was $871,748, 0.0% below last month; the average PSF sale price was $546, down 0.3% to last month.

THIS MONTH No.

PREVIOUS MONTH

PREVIOUS YEAR

No. 290 865

% Change

No.

% Change

TOTAL INVENTORY TOTAL SALES SALES-LISTINGS RATIO MEDIAN SOLD PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF

$546 $871,748 $839,900 19% 263 1,370

0.7% -3% -3% -43% -9% 58%

$547 $871,931 $840,000 19% 233 1,243

13% 10%

$542 $895,198 $861,500 34%

-0.3% 0% 0% 2%

▶ AVG PRICE PER SQUARE FOOT

▶ RECENT TRENDS

● FEB 2024 ● FEB 2025

● SALES ● TOTAL INVENTORY ● MEDIAN PRICE

1,368

1,496 1,452

1,286

1,370

1,446

1,440

1,363

1,113

1,243

1,139

865

926

411

393

360

348

290

374

263

346

265

264

259

245

233

$870K

$862K

$860K

$852K

$834K

$835K

$840K

$840K

$830K

$830K

$822K

$830K

$800K

FVREB

REBGV

▶ NUMBER OF BEDROOMS

▶ TOTAL LISTINGS & SALES BY PRICE RANGE

SELLERS' MARKET 21% +

BALANCED 12 - 20%

BUYERS' MARKET <12%

● SALES ● TOTAL INVENTORY

● SALES ● TOTAL INVENTORY ● S-L RATIO

600

73

4+ bdrms

456

500

125

3 bdrms

400

613

300

65

2 bdrms

293

26%

200

19%

18%

15%

13%

<2 bdrms

100

8

0

<$600K $600K-799K $800K-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2.0M-2.49M $2.5M+

Null

S-L RATIO SALES INVENTORY

84 11 13%

348 89 26%

608 115 19%

211 31 15%

93 17 18%

10 0 n/a

5 0 n/a

11 0 n/a

Copyright © 2025 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of March 10, 2025. All data from Greater Vancouver REALTORS®, Fraser Valley Real Estate Board, Whistler Listing System, and rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E. 12 ●

fraser valley board area CONDO - FEBRUARY 2 0 2 5

SALES TO LISTINGS RATIO 13% BALANCED MARKET

▶ MARKET SUMMARY

AVERAGE PRICE

AVERAGE PSF PRICE ▼ 3% VS 2024

MEDIAN PRICE

TOTAL INVENTORY

SALES

▲ 2% VS 2024

▲ 0.8% VS 2024

▲ 66% VS 2024

▼ 33% VS 2024

There were 2,162 condo listings in the Fraser Valley board area in February, 11% above January and 66% higher than February 2024. February condo sales increased by 8% month-over-month, to 281, and were 33% below February 2024.

THIS MONTH No.

PREVIOUS MONTH

PREVIOUS YEAR

No.

% Change

No.

% Change

The sales-to-listing ratio for condos in the Fraser Valley board area, at 13%, re%ected a balanced market.

TOTAL INVENTORY TOTAL SALES SALES-LISTINGS RATIO MEDIAN SOLD PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF

$665 $568,167 $535,000 13% 281 2,162

$685 $554,775 $531,000 32% 422 1,303

0.8% -60% -33% 66%

$657 $531,180 $527,500 13% 261 1,944

1.2% 7% 1.4% -3% 8% 11%

The condo median price in February was $535,000, a 1.4% increase from January and 0.8% above February 2024. The average sold price was $568,167, 7% above last month; the average PSF sale price was $665, up 1.2% to last month.

-3% 2%

▶ AVG PRICE PER SQUARE FOOT

▶ RECENT TRENDS

● FEB 2024 ● FEB 2025

● SALES ● TOTAL INVENTORY ● MEDIAN PRICE

2,229

2,124

2,049

2,162

2,256

1,857

2,082

1,726

1,944

1,922

1,785

1,303

1,425

453

446

394

371

356

313

422

281

408

396

322

294

261

$560K

$550K

$550K

$545K

$540K

$531K

$529K

$530K

$535K

$525K

$523K

$528K

$515K

FVREB

REBGV

▶ NUMBER OF BEDROOMS

▶ TOTAL LISTINGS & SALES BY PRICE RANGE

SELLERS' MARKET 21% +

BALANCED 12 - 20%

BUYERS' MARKET <12%

● SALES ● TOTAL INVENTORY

● SALES ● TOTAL INVENTORY ● S-L RATIO

1,400

3 1

1,200

4+ bdrms

1,000

60%

800

13

3 bdrms

146

600

400

177

2 bdrms

15%

10%

10%

1,256

9%

200

6%

0

90

<$600K $600K-799K $800K-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2.0M-2.49M $2.5M+

<2 bdrms

S-L RATIO SALES INVENTORY

1,296 197 15%

673 67 10%

105 9 9%

40 4 10%

23 0 n/a

16 1 6%

5 3 60%

4 0 n/a

757

Copyright © 2025 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of March 10, 2025. All data from Greater Vancouver REALTORS®, Fraser Valley Real Estate Board, Whistler Listing System, and rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E. 13 ●

burnaby north DETACHED - FEBRUARY 2 0 2 5

SALES TO LISTINGS RATIO 13% BALANCED MARKET

▶ MARKET SUMMARY

AVERAGE PRICE

MEDIAN PRICE

TOTAL INVENTORY

SALES

▲ 0.5% VS 2024

▲ 61% VS 2024

▲ 13% VS 2024

▼ 1.3% VS 2024

There were 135 detached listings in Burnaby North in February, 15% above January and 61% higher than February 2024. February detached home sales increased by 20% month-over-month, to 18, and were 13% above February 2024. The sales-to-listing ratio for detached in Burnaby North, at 13%, re'ected a balanced market.

THIS MONTH No. $2,191,090 $2,045,000 13% 18 135

PREVIOUS MONTH

PREVIOUS YEAR

No.

% Change

No.

% Change

TOTAL INVENTORY TOTAL SALES SALES-LISTINGS RATIO MEDIAN SOLD PRICE AVERAGE SOLD PRICE

16 84

13% 61%

$2,386,400 $2,195,000 13% 15 117

-8% -7% 4% 20% 15%

The detached median price in February was $2,045,000, a 7% decrease from January and 0.5% above February 2024.

$2,219,649 $2,034,444 19%

-1.3% 0.5% -30%

The average sold price was $2,191,090, 8% below last month and down 1.3% to February 2024.

▶ RATIO OF MEDIAN PRICES

▶ RECENT TRENDS

● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO

● SALES ● TOTAL INVENTORY ● MEDIAN PRICE

163

149

130

128

145

145

135

2.30

2.29

2.29

114

130

117

109

84

83

36

31

30

28

24

1.34

22

15

1.25

1.23

18

16

24

22

20

19

$2.48M

$2.45M

$2.21M $2.22M $2.18M

$2.18M $2.16M

$2.17M $2.12M $2.16M $2.19M $2.05M

$2.03M

24-Feb

25-Jan

25-Feb

▶ TOTAL LISTINGS & SALES BY PRICE RANGE

SELLERS' MARKET 21% +

BALANCED 12 - 20%

BUYERS' MARKET <12%

● SALES ● TOTAL INVENTORY ● S-L RATIO

30

20

40%

23%

10

6%

3%

0

<$1M

$1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2.0M-2.49M $2.5M-2.99M $3.0M-3.99M $4.0M-4.99M $5.0M-5.99M

$6.0M+

S-L RATIO SALES INVENTORY

0 2 n/a

15 6 40%

31 7 23%

32 1 3%

36 2 6%

13 0 n/a

3 0 n/a

5 0 n/a

Copyright © 2025 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of March 10, 2025. All data from Greater Vancouver REALTORS®, Fraser Valley Real Estate Board, Whistler Listing System, and rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E. 14 ●

burnaby north TOWNHOME - FEBRUARY 2 0 2 5

SALES TO LISTINGS RATIO 26% SELLERS' MARKET

▶ MARKET SUMMARY

AVERAGE PRICE

AVERAGE PSF PRICE ▼ 2% VS 2024

MEDIAN PRICE

TOTAL INVENTORY

SALES

▲ 1.7% VS 2024

▲ 24% VS 2024

▼ 0.3% VS 2024

▼ 37% VS 2024

There were 47 townhome listings in Burnaby North in February, 24% above January and 24% higher than February 2024. February townhome sales increased by 71% month-over-month, to 12, and were 37% below February 2024. The sales-to-listing ratio for townhomes in Burnaby North, at 26%, re'ected a sellers' market. The townhome median price in February was $887,500, a 8% decrease from January and 0.3% below February 2024. The average sold price was $917,917, 2% above last month; the average PSF sale price was $668, down 2.0% to last month.

THIS MONTH No.

PREVIOUS MONTH

PREVIOUS YEAR

No.

% Change

No.

% Change

TOTAL INVENTORY TOTAL SALES SALES-LISTINGS RATIO MEDIAN SOLD PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF

12 47

19 38

-2% 1.7% -0.3% -49% -37% 24%

$682 $898,571 $960,000 18% 7 38

-2% 2% -8% 39% 71% 24%

$668 $917,917 $887,500 26%

$683 $902,284 $890,000 50%

▶ AVG PRICE PER SQUARE FOOT

▶ RECENT TRENDS

● FEB 2024 ● FEB 2025

● SALES ● TOTAL INVENTORY ● MEDIAN PRICE

53

52

58

51

57

47

42

48

47

38

38

36

22

28

20

16

19

13

12

15

15

14

13

10

9

7

$1.01M

$960K

$950K

$929K

$923K

$890K

$893K

$893K

$888K

$877K

$879K

$848K

$799K

BURNABY NORTH

REBGV

▶ NUMBER OF BEDROOMS

▶ TOTAL LISTINGS & SALES BY PRICE RANGE

SELLERS' MARKET 21% +

BALANCED 12 - 20%

BUYERS' MARKET <12%

● SALES ● TOTAL INVENTORY

● SALES ● TOTAL INVENTORY ● S-L RATIO

15

4+ bdrms

5

7

3 bdrms

17

10

5

38%

2 bdrms

31%

22

5

21%

13%

<2 bdrms

3

0

<$600K $600K-799K $800K-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2.0M-2.49M $2.5M+

Null

S-L RATIO SALES INVENTORY

16 5 31%

14 3 21%

8 3 38%

8 1 13%

1 0 n/a

Copyright © 2025 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of March 10, 2025. All data from Greater Vancouver REALTORS®, Fraser Valley Real Estate Board, Whistler Listing System, and rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E. 15 ●

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