New Westminster Market Trends

MLS® Home Price Index benchmark prices — Greater Vancouver

Buyer's MarketAugust 2026
Benchmark price
$722,300
9.6% YoY
Month over Month
-0.6%
Sales (Aug 2026)
77
Price History
38 months

New Westminster at a glance

The benchmark price of a home in New Westminster was $722,300 in August 2026, down 9.6% from a year earlier. Since July 2023 the benchmark price has fallen 13.8% ($837,500 → $722,300), with the period high of $839,400 in May 2024. Greater Vancouver REALTORS reported 77 sales in New Westminster in August 2026, with a 38.5% sales-to-new-listings ratio.

Benchmark price trend

Benchmark price, Sep 2023 Aug 2026. Hover a month for the exact value.

$700K$750K$800K$850KSep ’23Mar ’25Aug ’26$722K

Benchmark price levels by property type

Property typeAug 2026Aug 20251-yr change
Composite (all types)$722,300$798,800-9.6%
Detached$1,377,600$1,613,500-14.6%
Townhouse / attached$873,400$911,600-4.2%
Apartment / condo$576,100$632,300-8.9%
Detached
$1.38M
-14.6% 1yr
Townhouse / attached
$873K
-4.2% 1yr
Apartment / condo
$576K
-8.9% 1yr

Monthly sales

Residential sales reported by Greater Vancouver REALTORS, Aug 2025 Aug 2026.

050100Aug ’25Feb ’26Aug ’2677

Source: Greater Vancouver REALTORS via MLS® Home Price Index benchmark prices (board-published)

Period: August 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.