The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver* is currently $1,123,400. This represents a 1.1% increase from Jan 2023 and a 9.3% decrease from February 2022.

Specifically:

- The benchmark price for detached homes increased 0.7% from Jan 2023 and decreased 12% from Feb 2022.

- The benchmark price for townhouses increased 1.8% from Jan 2023 and decreased 6.3% from Feb 2022.

- The benchmark price for apartment/condos increased 1.6% from Jan 2023 and decreased 3% from Feb 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.