CREA MLS® HPI · June 2026
As of June 2026, the typical single-family home reaches 1 849 900 $, or −6.8 % year over year. Canada's most expensive market, hemmed in by mountains and ocean: land scarcity weighs more heavily here than anywhere else.
Prices declining. The benchmark price is down over one year: negotiating room tends to widen in this phase.
1 849 900 $ (−6.8 % year over year)
695 200 $ (−7.1 % year over year)
1 046 200 $ (−5 % year over year)
CREA’s MLS® HPI publishes quality-constant benchmark prices; it publishes no sales volume, no active listings and no days-on-market for this region. It also publishes no benchmark for income properties: the third series is a townhouse, and is presented here as such.
With a benchmark price of 1 849 900 $, Vancouver is the 1st most expensive market of 19, or +210.3% above the median of markets covered outside Quebec (596 100 $).
A vacancy rate of 3.7% in 2025 in Vancouver (source: CMHC).
studio : 2 000 $ · 1 bedroom : 2 290 $ · 2 bedrooms : 3 100 $ · 3+ bedrooms : 4 110 $. Average asking rent for apartments listed for rent (Vancouver CMA, 2026-01, experimental estimates from Statistics Canada). Asking rents run higher than the average rent of an occupied stock: read this as a market ceiling, not as income already earned.
In June 2026, the benchmark price of a single-family home in Vancouver is 1 849 900 $ (−6.8 % year-over-year), according to CREA's MLS® Home Price Index.
Prices declining. The benchmark price is down over one year: negotiating room tends to widen in this phase.
In June 2026, the benchmark price is 695 200 $ for a condo and 1 046 200 $ for a townhouse in Vancouver. CREA publishes no benchmark for income properties.
Figures come from the MLS® Home Price Index published monthly by the Canadian Real Estate Association (CREA). They are benchmark prices for a typical property — a quality-constant measure, not a median of observed sales — provided for informational purposes.
Source : MLS® Home Price Index, Canadian Real Estate Association · June 2026.