The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver* is currently $1,203,300. This represents a 0.4% decrease from August 2023 and a 4.4% increase from September 2022.
Specifically:
- The benchmark price for detached homes decreased 0.1% from Aug 2023 and increased 5.8% from Sep 2022.
- The benchmark price for townhouses decreased 0.5% from Aug 2023 and increased 5.3% from Sep 2022.
- The benchmark price for apartment/condos decreased 0.2% from Aug 2023 and increased 5.8% from Sep 2022.
*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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