Photo: Dennis Sylvester Hurd · CC0Apartments make up 70% of the homes in New Westminster, where British Columbia’s towns have 12%
Owners valued the median home at $700,000 at the 2021 census, and the average at $862,000. An owner’s figure, not a sale: the census of May 2021 asked what each home would fetch. Sales are published too: 1,710 buyers in 2023, at a median $740,000.
Three ways to price a home in New Westminster
Every figure here is compared within the province, against British Columbia’s towns, since each province assesses on its own terms.
median, owners’ estimate
- Average
- $862K
- Owners
- 19,740
- British Columbia’s towns
- $720K
- The typical Canadian town
- $406K
median sale price
- Average sale
- $880K
- ÷ buyers’ income
- 5.1×
- Buyers
- 1,710
- British Columbia’s towns
- $682K
all residential
- British Columbia’s towns
- $671K
Census 2021 (Statistics Canada); Canadian Housing Statistics Program, tables 46-10-0099 and 46-10-0093; Québec rôle d’évaluation foncière 2026 (MAMH).
A detached house in New Westminster is assessed at 2.1 times the middle of British Columbia’s towns
Condos account for 60% of the 25,040 properties on New Westminster’s 2024 roll.
Median assessment by type, 2024 the tick is the median of British Columbia’s towns
Canadian Housing Statistics Program, table 46-10-0093 (2024): residential properties on the assessment roll, vacant land left out. The ticks are the median of British Columbia’s towns with their own figure; assessments compare within a province only.
Condominiums are 46% of New Westminster’s homes, against 10% for British Columbia’s towns
The 2021 census counted 36,095 occupied homes in New Westminster. The older half dates from before 2001.
Homes by period of construction the tick is the median of British Columbia’s towns
Homes by kind
| New Westminster | British Columbia | Canada | |
|---|---|---|---|
| Condominiums | 46% | 10% | 8% |
| Needing major repairs | 7% | 6% | 6% |
| Too small for the household | 9% | 4% | 3% |
| Households in core housing need | 20% | 10% | 7% |
Census 2021 (Statistics Canada): occupied private dwellings; core housing need as Statistics Canada defines it. Ticks and columns are medians of the towns and neighbourhoods of 2,500 or more.
New Westminster permitted 24.9 new homes a year per 1,000, above the 18.1 of British Columbia’s towns
Some 877 homes a year: 5,264 in all were permitted in New Westminster from 2018 to 2023. Apartments and other multi-unit buildings dominate: only 2% were single-unit, against 27% for British Columbia’s towns.
The busiest year: 2022, with 1,659 new homes
New homes a year per 1,000 homes
Slowing: 26,358 new homes in the 12 months to August 2026, 11% fewer
Area-wide: monthly permits, counted over the Vancouver metro area
Statistics Canada, tables 46-10-0087 (building permits by census subdivision, 2018–2023: dwelling units created, new construction and conversions) and 34-10-0292 (monthly, metro areas). Per 1,000: units a year over 2019–2023 against occupied homes in 2021.
New Westminster sits close to the $720,000 median of British Columbia’s towns
254 of British Columbia’s towns (2,500 people or more), by median value at the 2021 census, dearest first.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
New Westminster’s neighbours by home value
The places around New Westminster at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| New Westminster | $700K | $862K | 55% | |
| East Burnaby | $1.5M | $1.46M | 65% | 2.3 |
| Edmonds | $685K | $849K | 57% | 2.9 |
| Bridgeview | $800K | $911K | 69% | 3.7 |
| Buckingham Heights | $1.6M | $1.86M | 78% | 4 |
| Brownsville | $1.2M | $1.12M | 58% | 4.6 |
| Royal Oak | $1.2M | $1.24M | 67% | 4.7 |
Census 2021 values; km.
Questions about property prices in New Westminster
How many households in New Westminster are in core housing need?
Above the norm for British Columbia’s towns (10%): 20% in New Westminster, counting the households whose home falls short on cost, size or repair.
What is the average house price in New Westminster?
Buyers paid $880,000 on average in 2023, or 5.1 years of their income at the median.
Is New Westminster expensive for British Columbia?
On census values, New Westminster sits mid-table among British Columbia’s towns (median $720,000).
Can I see individual sales or prices by street?
Not here: individual sales sit with provincial registries and aren’t open, so the published figures are town medians and averages.
Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, Canadian Housing Statistics Program · Statistics Canada, building permits (tables 46-10-0087 and 34-10-0292). Under the Statistics Canada Open Licence.
Adapted from Statistics Canada (Census of Population 2021, population estimates 2025, 2021 census boundaries) under the Statistics Canada Open Licence; this does not constitute an endorsement by Statistics Canada. Neighbourhood names in some cities © OpenStreetMap contributors (ODbL).