Vancouver Island (MLS® HPI)

Canadian Real Estate Association (MLS® HPI) published a composite benchmark price of $701,500 for Vancouver Island in August 2026, up 0.2% year over year and down 0.8% on the month.

Across the 35 months on record — October 2023 to August 2026 — the benchmark for Vancouver Island rose 3.7%, from $676,500 to $701,500.

The high over that window was $712,900 in May 2025; the benchmark now sits 1.6% below it.

The low was $661,400 in January 2024.

Published benchmarks for Vancouver Island were $788,100 for detached homes in August 2026, $550,000 for townhouses in August 2026 and $401,900 for apartments in August 2026.

The segments have not moved together: detached homes gained 3.9%, townhouses gained 0.5% and apartments lost 0.3% over the window — a spread of 4.2 percentage points between detached homes and apartments.

These are figures published by Canadian Real Estate Association (MLS® HPI) for Vancouver Island. The comparisons above — the change over the window, the distance from the high and the spread between property types — are arithmetic compiled by this publication from 35 monthly releases, October 2023 through August 2026.