The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver* is currently $1,196,800. This represents a 1.1% increase from January 2024 and a 4.5% increase from March 2023.
Specifically:
- The benchmark price for detached homes increased 1.8% from Feb 2024 and increased 7.4% from Mar 2023.
- The benchmark price for townhouses increased 1.7% from Feb 2024 and increased 5.0% from Mar 2023.
- The benchmark price for apartment/condos increased 0.9% from Feb 2024 and increased 5.7% from Mar 2023.
*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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