This is how much a typical home in Greater Vancouver will cost you (May 2022):
A detached house will cost you an average benchmark price of $2,093,600
This is a 15% increase in price and sales volume decrease 44% from May 2021.
A condo would cost you an average benchmark price of $779,700
This is a 15% increase in price and a 22% decrease in sales volume from May 2021.
A townhouse would cost you an average benchmark price of $1,141,200
This is a 22% increase in price and a 35% decrease in sales volume from May 2021.
All home types across the board saw negligible change in sales prices from April 2022.
The townhouse and condo home types still favour Sellers and the detached house segment is balanced for the first time since May 2020.