Greater Vancouver REALTORS®
New Westminster real estate and rentals
Older stock, strong rental demand, and steady tenant interest along the SkyTrain line.
New Westminster at a glance - July 2026
New Westminster is covered by Greater Vancouver REALTORS®, which reported a detached benchmark of $1,822,900 for July 2026, down 7% year over year. The sales-to-active-listings ratio was 13%, which reads as a balanced. I handle both sales and tenant placement in New Westminster.
Greater Vancouver REALTORS® benchmarks · July 2026
All residential benchmark
$1,088,800
6.2% year over year
Detached benchmark
$1,822,900
7.0% year over year
Townhome benchmark
$1,030,400
6.0% year over year
Apartment benchmark
$688,000
7.5% year over year
Sales-to-active listings
13%
Balanced
- 2,061 sales in July 2026, down 9.8% from July 2025 and 18.6% below the 10-year seasonal average.
- Apartment sales fell 17.8% year over year - the steepest decline of any property type.
- 4,991 new listings, down 11.5% year over year but in line with the 10-year average.
- 16,476 properties currently listed - 26.8% above the 10-year seasonal average.
Source: Greater Vancouver REALTORS®, July 2026. Figures are board-wide and describe a typical property, not any specific home in New Westminster.
Selling in New Westminster
What would it actually sell for?
Board benchmarks are a starting point, not an answer. A proper comparative market analysis looks at your building or street, what has recently sold there, and what is currently competing with you.
Renting out in New Westminster
What rent could you get?
A free rental assessment based on what comparable units in New Westminster are actually leasing for. Tenant placement is a flat 50% of one month’s rent plus GST.
Neighbourhoods in New Westminster
- Downtown
- Uptown
- Queensborough
- Sapperton
- West End
New Westminster questions
What are home prices doing in New Westminster right now?
New Westminster falls under Greater Vancouver REALTORS®, which reported a detached benchmark of $1,822,900 for July 2026, down 7% year over year. The board-wide sales-to-active-listings ratio was 13%. Benchmark figures describe a typical property across the board area, so an individual New Westminster home can differ substantially - that is what a comparative market analysis is for.
Is it a buyer's or seller's market in New Westminster?
Based on July 2026 data, conditions across the Greater Vancouver REALTORS® area read as a balanced at a 13% sales-to-active-listings ratio. Greater Vancouver REALTORS® notes that sustained readings below 12% have historically signalled downward price pressure, and above 20% upward pressure.
Can you help me rent out my New Westminster property?
Yes. Tenant placement in New Westminster costs 50% of one month's rent plus GST on a 12-month fixed-term lease, payable on move-in. That covers a free rental assessment, photography, listing syndication, all showings and a five-step screening process. There is no monthly fee and no management contract.
Do you cover New Westminster for both sales and rentals?
Yes - New Westminster is inside my service area for buying, selling and tenant placement. I am also able to represent prospective tenants, which licensees holding only a rental property management licence cannot do under BCFSA rules.