New Westminster Real Estate Market Stats

New Westminster benchmark prices and trends, October 2026

A typical New Westminster home carried an MLS® Home Price Index benchmark of $707,200 in October 2026. That is down 1.7% on the month, down 2.7% over three months, down 4.8% over six months and down 8.8% over the year. Over three years it is down 14.5%, and over five years down 3.9%.

The weakest one-year move in New Westminster was for a detached home homes at −9.9%; the strongest was a townhouse at −5.3%.

The gap between a detached home ($1,347,700) and an apartment ($565,900) is $781,800, and a townhouse ($852,000) sits $286,100 above the apartment benchmark.

Against Greater Vancouver, where the all-home benchmark was $1,068,600, New Westminster is 33.8% below. Over the year Greater Vancouver moved down 5.2% against down 8.8% here.

Of the 20 areas this board reports, New Westminster ranks 20 by all-home benchmark, with Sunshine Coast above it at $801,700.

Detached homes in New Westminster: benchmark $1,347,700, little changed at −0.7% in a month, down 2.6% in three months, down 6.4% in six months, down 9.9% in a year, down 13.1% in three years and down 4.8% in five. That is 24.1% below the detached benchmark for Greater Vancouver ($1,775,200).

Townhouse homes in New Westminster: benchmark $852,000, little changed at −0.3% in a month, down 2.4% in three months, down 2.9% in six months, down 5.3% in a year, down 10.4% in three years and up 5.5% in five. That is 15.4% below the townhouse benchmark for Greater Vancouver ($1,006,500).

Apartment homes in New Westminster: benchmark $565,900, down 2.4% in a month, down 2.8% in three months, down 5.0% in six months, down 9.2% in a year, down 14.3% in three years and little changed at −1.1% in five. That is 16.0% below the apartment benchmark for Greater Vancouver ($673,400).

• All home types$707,200▼Down 8.8% over 1 year
• Detached$1,347,700▼Down 9.9% over 1 year
• Townhouse$852,000▼Down 5.3% over 1 year
• Apartment$565,900▼Down 9.2% over 1 year

In dollars, the typical New Westminster home is worth about $68,200 less than in October 2025, when the benchmark was near $775,400. By type, detached homes lost about $148,100, from $1,495,800 to $1,347,700, townhouses lost about $47,700, from $899,700 to $852,000, and apartments lost about $57,300, from $623,200 to $565,900 over those twelve months. Further back, the benchmark was near $742,900 six months ago and near $827,100 three years ago, so today's figure sits about $35,700 below the six-month mark and about $119,900 below the three-year mark. Against Greater Vancouver, the New Westminster benchmark is about $361,400 below the regional $1,068,600; a year earlier the difference was about $351,800 below.