The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver* is currently $1,186,100. This represents a 13.8% increase from September 2020 and 0.8% increase compared to August 2021.

Specifically:

- The benchmark price for detached homes increased 1.2% from August.

- The benchmark price for townhouses increased 1.2% from August.

- The benchmark price for apartment/condos increased 0.5% from August.

* 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.