Downtown (New Westminster) Market Trends
MLS® Home Price Index benchmark prices in New Westminster, Greater Vancouver
Downtown (New Westminster) at a glance
The benchmark price of a home in Downtown (New Westminster) was $545,900 in September 2026, down 10.8% from a year earlier. That trails the New Westminster benchmark price (-8.2% year over year) by 2.6 points. Since July 2023 the benchmark price has fallen 18.8% ($672,500 → $545,900), with the period high of $696,100 in September 2023.
Benchmark price trend
Benchmark price, Oct 2023 – Sep 2026. Hover a month for the exact value.
Downtown vs New Westminster
Benchmark price indexed to 100 at Oct 2023. Since then, Downtown is down 18.5% vs −13.0% for New Westminster overall.
Benchmark price levels by property type
| Property type | Sep 2026 | Sep 2025 | 1-yr change |
|---|---|---|---|
| Composite (all types) | $545,900 | $611,700 | -10.8% |
| Townhouse / attached | $712,000 | $765,400 | — |
| Apartment / condo | $539,100 | $604,700 | — |
1-yr change is the figure Greater Vancouver REALTORS published for Sep 2026; "—" where none is on file. It is not recalculated from the two levels shown: the year-ago level is the figure as first published, and boards revise past values.
Source: Greater Vancouver REALTORS via MLS® Home Price Index benchmark prices (board-published)
Period: September 2026
Market statistics are provided for informational purposes only and may not reflect all real estate activity in the market. Past performance does not guarantee future results. Consult a licensed real estate professional for specific advice.