The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver* is currently $1,170,700. This represents a 2.4% increase from March 2023 and a 7.4% decrease from April 2022.
Specifically:
- The benchmark price for detached homes increased 2.9% from Mar 2023 and decreased 8.8% from Apr 2022.
- The benchmark price for townhouses increased 2.1% from Mar 2023 and decreased 6.1% from Apr 2022.
- The benchmark price for apartment/condos increased 2.0% from Mar 2023 and decreased 3.1% from Apr 2022.
*Areas covered by the Real Estate Board of Greater Vancouver include: Burnaby, Coquitlam, Maple Ridge, New Westminster, North Vancouver, Pitt Meadows, Port Coquitlam, Port Moody, Richmond, South Delta, Squamish, Sunshine Coast, Vancouver, West Vancouver, and Whistler.
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