The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver* is currently $1,168,700. This represents a 1.4% decrease from November 2023 and a 5.0% increase from December 2022.

Specifically:

- The benchmark price for detached homes decreased 0.9% from Nov 2023 and increased 7.7% from Dec 2022.

- The benchmark price for townhouses decreased 1.8% from Nov 2023 and increased 6.4% from Dec 2022.

- The benchmark price for apartment/condos decreased 1.5% from Oct 2023 and increased 5.6% from Dec 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.