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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.
Specifically:
- 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
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
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