The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver* is currently $1,111,400. This represents a 0.3% decrease from Dec 2022 and a 6.6% decrease from January 2022.

Specifically:

- The benchmark price for detached homes decreased 1.2% from Dec 2022 and decreased 9.1% from Jan 2022.

- The benchmark price for townhouses increased 0.8% from Dec 2022 and decreased 3.0% from Jan 2022.

- The benchmark price for apartment/condos increased 1.0% from Dec 2022 and decreased 1.1% from Jan 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.