The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver* is currently $1,143,900. This represents a 1.8% increase from February 2023 and a 9.5% decrease from March 2022.
Specifically:
- The benchmark price for detached homes increased 2.7% from Feb 2023 and decreased 11.2% from Mar 2022.
- The benchmark price for townhouses increased 1.7% from Feb 2023 and decreased 7.8% from Mar 2022.
- The benchmark price for apartment/condos increased 0.7% from Feb 2023 and decreased 4.6% from Mar 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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