Downtown (New Westminster) Market Trends
MLS® HPI benchmark prices in New Westminster, Greater Vancouver
Downtown (New Westminster) at a glance
The benchmark price of a home in Downtown (New Westminster) was $586,700 in June 2026, down 8.5% from a year earlier. That trails the New Westminster area average (-7.5% year over year) by 1.0 points. Since July 2023 the benchmark has fallen 12.8% ($672,500 → $586,700), with the period high of $696,100 in September 2023.
Benchmark price trend
Composite MLS® HPI benchmark, Jul 2023 – Jun 2026. Hover a month for the exact value.
Downtown vs New Westminster
Benchmark price indexed to 100 at Jul 2023. Since then, Downtown is down 12.8% vs −12.3% for New Westminster overall.
Benchmark levels by property type
| Property type | Jun 2026 | Jun 2025 | 1-yr change |
|---|---|---|---|
| Composite (all types) | $586,700 | $641,100 | -8.5% |
| Townhouse / attached | $725,600 | $749,600 | -3.2% |
| Apartment / condo | $580,900 | $636,200 | -8.7% |
Source: Greater Vancouver REALTORS via MLS® Home Price Index (board-published)
Period: June 2026
Market statistics are provided for informational purposes only and may not reflect all real estate activity in the market. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA). Past performance does not guarantee future results. Consult a licensed real estate professional for specific advice.