The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver* is currently $1,148,900. This represents a 0.6% decrease from September 2022 and a 2.1% increase from September 2021.
Specifically:
- The benchmark price for detached homes decreased 0.7% from Sep 2022 and increased 1.6% from Oct 2021.
- The benchmark price for townhouses decreased 0.5% from Sep 2022 and increased 7.1% from Oct 2021.
- The benchmark price for apartment/condos decreased 0.2% from Sep 2022 and increased 5.1% from Oct 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.
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