Vancouver Island (MLS® HPI) Reports November 2025 Composite Benchmark Price at $696,000, Marking a +1.9% Year-Over-Year Increase

Vancouver Island (MLS® HPI) — November 2025

The Composite Benchmark Price for Vancouver Island (MLS® HPI) reached $696,000 in November 2025, according to figures released by the board. This represents a +1.9% increase compared to November 2024.

Market Analysis

For November 2025, the Composite Benchmark Price for Vancouver Island (MLS® HPI) was $696,000. This figure shows a +1.9% increase in price year-over-year compared to November 2024, when the Composite Benchmark Price was $682,900. Looking at the prior month, October 2025, the Composite Benchmark Price was $700,100.

Property Type Analysis

In November 2025, the Detached property benchmark price was $779,200. The Attached/Townhouse benchmark price stood at $538,800, while the Apartment benchmark price was $421,300.