The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver* is $1,173,000. This represents a 0.5 per cent increase over January 2024 and a 0.1 per cent increase compared to December 2024.

Specifically:

- The benchmark price for detached homes increased 3.1% from Jan 2024 and is increased 0.4% from Dec 2024.

- The benchmark price for townhouses/attached increased 2.7% from Jan 2024 and decreased 0.8% from Dec 2024.

- The benchmark price for apartment/condos decreased 1.7% from Jan 2024 and decreased 0.2% from Dec 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.