The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver* is currently $1,235,900. This represents a 2.0% decrease from May 2022 and a 12.4% increase from June 2021.
Specifically:
- The benchmark price for detached homes decreased 1.7% from May 2022 and increased 13.4% from June 2021.
- The benchmark price for townhouses decreased 2.2% from May 2022 and increased 17.8% from June 2021.
- The benchmark price for apartment/condos decreased 1.7% from May 2022 and increased 12.7% from June 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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