The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver* is currently $1,183,300. This represents a 1.9% increase from January 2024 and a 4.5% increase from February 2023.

Specifically:

- The benchmark price for detached homes increased  1.5% from Jan 2024 and increased 7.2% from Feb 2023.

- The benchmark price for townhouses increased 2.6% from Jan 2024 and increased 4.2% from Feb 2023.

- The benchmark price for apartment/condos increased 2.5% from Jan 2024 and increased 5.6% from Feb 2023.

*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.