The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver* is currently $1,207,400. This represents a 2.3% decrease from June 2022 and a 10.3% increase from July 2021.
Specifically:
- The benchmark price for detached homes decreased 2.8% from June 2022 and increased 11% from July 2021.
- The benchmark price for townhouses decreased 1.7% from June 2022 and increased 15.8% from July 2021.
- The benchmark price for apartment/condos decreased 1.5% from June 2022 and increased 11.4% from July 2021.
*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.
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