New Westminster Real Estate Market Report

Board reference period: September 2026

Summary

Greater Vancouver REALTORS reported September 2026 MLS® HPI composite benchmark price of $719,600 for New Westminster (down 8.2% over the year, as published).

Across the whole Greater Vancouver REALTORS area, the board reported 1,717 sales, 5,852 new listings and 16,394 active listings in September 2026; the sales-to-active listings ratio was 10.9 per cent.

New Westminster

Greater Vancouver REALTORS · September 2026

MLS® Home Price Index benchmark prices

$719,600
All residential (composite)
  • -0.4% over the month, as published by Greater Vancouver REALTORS
  • -8.2% over the year, as published by Greater Vancouver REALTORS
Detached
$1,356,900
Townhouse / attached
$854,200
Apartment
$579,900

Sales and listings

Sales, detached
9
Sales, attached
11

Greater Vancouver REALTORS — all areas (board-wide)

Greater Vancouver REALTORS · September 2026

Board-wide figures for the whole Greater Vancouver REALTORS area, not New Westminster alone.

MLS® Home Price Index benchmark prices

$1,075,900
All residential (composite)
  • -0.6% over the month, as published by Greater Vancouver REALTORS
  • -5.5% over the year, as published by Greater Vancouver REALTORS
Detached
$1,784,700
Townhouse / attached
$1,016,700
Apartment
$682,500

Sales and listings

Sales
1,717
  • -8.1% vs August 2026 (1,869) · calculated from Greater Vancouver REALTORS figures for both months
  • -8.4% vs September 2025 (1,875) · calculated from Greater Vancouver REALTORS figures for both months
New listings
5,852
  • +42.7% vs August 2026 (4,100) · calculated from Greater Vancouver REALTORS figures for both months
  • -10.3% vs September 2025 (6,527) · calculated from Greater Vancouver REALTORS figures for both months
Active listings
16,394
Inventory change:
  • +3.8% vs August 2026 (15,798) · calculated from Greater Vancouver REALTORS figures for both months
  • -4.0% vs September 2025 (17,079) · calculated from Greater Vancouver REALTORS figures for both months
Sales-to-active listings ratio
10.9%
As published by Greater Vancouver REALTORS: the month’s sales relative to active listings, not a sale-price-to-list-price ratio
“Analysis of the historical data suggests downward pressure on home prices occurs when the ratio dips below 12 per cent for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months.”
Greater Vancouver REALTORS, monthly release. The September 2026 ratio, 10.9 per cent, is below the 12 per cent level the board cites.

Interest rates

Bank of Canada policy rate (target for the overnight rate)
2.25%as of October 8, 2026
Prime rate
4.45%week of October 7, 2026

Source: Bank of Canada (Valet series V39079 and V80691311).

Every market figure on this page is published by the board named beside it, for the area and month shown. Changes marked “calculated” compare two figures that board published for the same area; no figure is calculated from listing data. A figure a board did not publish is left out.

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Market statistics on this page are published by Greater Vancouver REALTORS.

Past performance does not guarantee future results. Consult a real estate professional for specific advice.

Listing data: Canadian Real Estate Association (CREA) Data Distribution Facility (DDF).

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. The information contained on this site is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.

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REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. The information contained on this site is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.

The listing content on this website is protected by copyright and other laws. Screen scraping, database scraping, and all other forms of automated data collection are prohibited.

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