The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver* is currently $1,208,400. This represents a 0.2% decrease from July 2023 and a 2.5% increase from August 2022.

Specifically:

- The benchmark price for detached homes increased 0.3% from July 2023 and increased 3.3% from Aug 2022.

- The benchmark price for townhouses decreased 0.2% from July 2023 and increased 3.9% from Aug 2022.

- The benchmark price for apartment/condos decreased 0.1% from July 2023 and increased 4.4% from Aug 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.