The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver* is currently $1,203,000. This represents a 1.3% increase from May 2023 and a 2.4% decrease from June 2022.
Specifically:
- The benchmark price for detached homes increased 1.9% from May 2023 and decreased 3.2% from June 2022.
- The benchmark price for townhouses increased 1.5% from May 2023 and decreased 1.0% from June 2022.
- The benchmark price for apartment/condos increased 0.8% from May 2023 and increased 0.5% from June 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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