The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver* is $1,171,500. This represents a 0.5 per cent increase over December 2023 and a 0.1 per cent decrease compared to November 2024.

Specifically:

- The benchmark price for detached homes increased 2.0% from Dec 2023 and is unchanged from Nov 2024.

- The benchmark price for townhouses/attached increased 3.4% from Dec 2023 and decreased 0.3% from Nov 2024.

- The benchmark price for apartment/condos decreased 0.1% from Dec 2023 and decreased 0.4% from Nov 2024.

*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.