![]() Apartment benchmark prices increased 6.2% year-over-year and decreased 1.6% month-over-month to $728,500. Vancouver townhouse benchmark price is $1,048,900, up 9% year-over-year and down 1.9% month-over-month in September 2022, remaining above the $1 million mark after passing that level for the first time in November 2021. At the same time, the three-year increase can buy an average detached home in Edmonton. This two-year gain is more than the average price of a townhouse in Edmonton and the average price for a townhouse in Calgary. Over the past three years, it has increased by $476k. Over the past two years, Vancouver detached homes' benchmark price has increased by $355k. That’s 2.4% lower than last month's benchmark price of $1,954,100 in August 2022. Benchmark prices of detached homes in Vancouver increased 3.8% over the past year to reach $1,906,400 for September 2022. In September 2022, the average sale price of detached houses, attached houses and apartments in Greater Vancouver was $2,106,560, $1,110,593 and $750,501, which represent 5.8%, -9.1% and -5.4% change relative to August, respectively.Īll property types continued to see decreasing prices compared to last month. The benchmark price of homes in Vancouver changed by $260k over the past three years with this amount of money, it is possible to buy a house in Winnipeg. Metro Vancouver and the Toronto area are the most expensive Canadian housing markets. The benchmark price of homes in Metro Vancouver was $1,155,300 in September 2022, a 2.1% monthly decrease and a 3.9% increase year-over-year. Check Canada Mortgage Rates From 40+ Lenders ![]()
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