Benchmark Prices - March 2020

Here are the latest Benchmark Price Infographics for the areas of the Lower Mainland covered in the monthly rennie review. 

Greater Board Area



Vancouver East



Vancouver West



Burnaby East



Burnaby North



Burnaby South




Richmond




Coquitlam




North Vancouver




New Westminster




Squamish




Tsawwassen




White Rock



Port Coquitlam



Port Moody



Fraser Valley Board Area



Surrey



Langley



Pitt Meadows



Maple Ridge



Abbotsford



Chilliwack and District Board Area


Note, the Chilliwack and District Board Area (CADREB) denotes the Median Sales Price rather than the Benchmark Price. The CADREB does not have a benchmark price available for record.

See Benchmark Prices Infographics for February 2020 here. 

Our rennie intelligence team comprises our in-house demographer, senior economist, and market analysts. Together, they empower individuals, organizations, and institutions with data-driven market insight and analysis. Experts in urban land economics, community planning, shifting demographics, and real estate trends, their strategic research supports a comprehensive advisory service offering and forms the basis of frequent reports and public presentations. Their thoughtful and objective approach truly embodies the core values of rennie.

Get the data

Receive insights, analysis, and perspective from our rennie intelligence team on the Lower Mainland’s real estate market.
Thank you for subscribing!
intelligence

Benchmark prices increased in the Vancouver Region for the second consecutive month, even as borrowing costs remain elevated. The enduring sellers’ market reflects increasing sales counts against a backdrop of stagnant inventory.

Ester Hsieh
Personal Real Estate Corporation
intelligence

The full-year numbers characterizing Vancouver’s housing market in 2022 belie two distinct 6-month stretches, the latter of which concluded with December’s 1,963 MLS sales marking a 6th-straight month of fewer than 3,000 transactions—the most protracted slowdown in a decade.

Ester Hsieh
Personal Real Estate Corporation
intelligence

December’s inertia—or rather, inert market conditions—carried into January, featuring subdued sales and lethargic listings in the Vancouver Region. The detached home segment, having previously been balanced, now favours buyers.

Ester Hsieh
Personal Real Estate Corporation