Not unlike North Vancouver, West Vancouver MLS® HPI Benchmark Price continued to decline for most property types. WV homes 2026 April and March HPI were down -13.6% and -4.8% respectively from same months last year. Apartments were down -15% and -10.9%.
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.
The raw average price is obtained by dividing the total dollar volume of sales by the number of sales.
To obtain the median price, all of the sales prices are arrayed in ascending order, and the middle price is taken. In the case of an even number of sales, the median is the highest price in the lower half of the group. If there is an odd number of sales, the midpoint sale is taken as the median.
The MLS® HPI is modelled after the Consumer Price Index, which measures the rate of price change for a basket of goods and services. A basket is a combination of goods and services that Canadians buy most such as food, clothing, transportation, etc.
Instead of measuring goods and services, the MLS® HPI measures the rate at which housing prices change over time taking into account numerous features about the types of homes sold.
5 pages of WV April real estate stats to scroll through!
2026-05-06 West-Vancouver APRIL Real Estate Stats
