The MLS® Housing Price Index (HPI) is a measure of real estate prices that provides a clearer picture of market trends over traditional tools such as raw average or median prices.
NOTE: The MLS® HPI offers only a benchmark in which to track price trends and consumers should be careful not to misinterpret index figures as actual prices. Benchmark properties are considered average properties in a given community and do not reflect any one particular property.
Check out the HPI year average trend for West Vancouver detached homes:
& place your cursor over the graph line to find out the current monthly HPI for West Vancouver detached homes: