The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver* is currently $1,210,700. This represents a 0.6% increase from June 2023 and a 0.5% decrease from July 2022.
Specifically:
- The benchmark price for detached homes increased 1.1% from June 2023 and increased 0.6% from July 2022.
- The benchmark price for townhouses increased 0.5% from June 2023 and increased 1.2% from July 2022.
- The benchmark price for apartment/condos increased 0.6% from June 2023 and increased 2.6% from July 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.
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