Most Affordable Areas in Greater Vancouver
In August 2026, the most affordable area in Greater Vancouver was New Westminster, where the benchmark price was $722,300, and the most expensive was West Vancouver, at $2,269,000: about 3.1 times as much. Over the past year, the benchmark price was lower than a year earlier in all 18 areas.
Areas ranked by benchmark price, August 2026
| Rank | Area | Benchmark Price | Yearly Change | Sales |
|---|---|---|---|---|
| 1 | New Westminster | $722,300 | -9.6% | 77 |
| 2 | Sunshine Coast | $783,000 | -5.6% | 44 |
| 3 | Port Coquitlam | $840,300 | -8.5% | 60 |
| 4 | Pitt Meadows | $849,100 | -4.3% | 127 |
| 5 | Burnaby North | $883,700 | -7.8% | 234 |
| 6 | Maple Ridge | $890,800 | -7% | 127 |
| 7 | Burnaby South | $974,800 | -6.9% | 234 |
| 8 | Coquitlam | $981,400 | -6.4% | 150 |
| 9 | Burnaby East | $985,700 | -10.2% | 234 |
| 10 | Richmond | $1,025,100 | -7.3% | 221 |
| 11 | Port Moody | $1,037,400 | -4.3% | 50 |
| 12 | Ladner | $1,061,400 | -5.6% | 68 |
| 13 | Tsawwassen | $1,102,200 | -4.1% | 68 |
| 14 | Vancouver East | $1,111,700 | -6.7% | 204 |
| 15 | Vancouver West | $1,222,000 | -4.4% | 349 |
| 16 | North Vancouver | $1,305,600 | -2.5% | 138 |
| 17 | Whistler | $1,317,400 | -4.3% | 41 |
| 18 | West Vancouver | $2,269,000 | -5.8% | 52 |
The benchmark price is the MLS® Home Price Index price of a typical home in each area, so the areas are compared like for like. The yearly change compares the price with the same month a year earlier. From our Greater Vancouver report, built from the Greater Vancouver REALTORS® (GVR) monthly statistics package.
Left out because they had fewer than 30 sales this month, too few for a steady average: Bowen Island (9), Squamish (27).
Greater Vancouver Housing Market: Quick Answers
What is the most affordable area in Greater Vancouver?
New Westminster: in August 2026, the benchmark price was $722,300, on 77 sales. The next most affordable areas were Sunshine Coast ($783,000) and Port Coquitlam ($840,300).
What is the most expensive area in Greater Vancouver?
West Vancouver: in August 2026, the benchmark price was $2,269,000, on 52 sales. After it came Whistler ($1,317,400) and North Vancouver ($1,305,600).
Are home prices falling in Greater Vancouver?
Over the past year, the benchmark price was lower than a year earlier in all 18 areas.
More rankings and reports
The full Greater Vancouver housing market report, all markets on the reports page, and pairs of cities side by side on the comparisons page.
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