The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver* is currently $1,360,500. This represents a 3.6% increase from February 2022 and a a 20.7% increase from March 2021.
- The benchmark price for detached homes increased 3.6% from Feb 2022 and increased 23.4% from Mar 2021.
- The benchmark price for townhouses increased 4.4% from Feb 2022 and increased 28.1% from Mar 2021.
- The benchmark price for apartment/condos increased 3.4% from Feb 2022 and increased 16.8% from Mar 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.
Copyright British Columbia Real Estate Association. Reprinted with permission