The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver* is currently $1,370,377. This represents a 0.3% decrease from Apr 2022 and a 14.7% increase from May 2021.
- The benchmark price for detached homes decreased 0.4% from Apr 2022 and increased 15% from May 2021.
- The benchmark price for townhouses decreased 0.6% from Apr 2022 and increased 21.5% from May 2021.
- The benchmark price for apartment/condos increased 0.4% from Apr 2022 and increased 15% from May 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
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