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 $567,200 in July 2026, down 10.1% from a year earlier. That trails the New Westminster area average (-9.2% year over year) by 0.9 points. Since July 2023 the benchmark price has fallen 15.7% ($672,500 → $567,200), with the period high of $696,100 in September 2023.
Benchmark price trend
Benchmark price, Aug 2023 – Jul 2026. Hover a month for the exact value.
Downtown vs New Westminster
Benchmark price indexed to 100 at Aug 2023. Since then, Downtown is down 16.8% vs −13.2% for New Westminster overall.
Benchmark price levels by property type
| Property type | Jul 2026 | Jul 2025 | 1-yr change |
|---|---|---|---|
| Composite (all types) | $567,200 | $630,700 | -10.1% |
| Townhouse / attached | $715,600 | $771,600 | -7.3% |
| Apartment / condo | $561,000 | $624,100 | -10.1% |
Source: Greater Vancouver REALTORS via MLS® Home Price Index benchmark prices (board-published)
Period: July 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.