Independent local housing intelligence
The Maple Ridge housing market, without the sales pitch.
Prices. Inventory. Mortgage rates. Affordability. Construction. Development. Updated with public data and plain-language analysis.
Maple Ridge snapshot
August 2026
Local market figures: MLS® HPI / public market data. Rate: Bank of Canada. Housing target: City of Maple Ridge.
20-year context
How did Maple Ridge get here?
Explore price history →
Explore selected benchmark observations back to 2006, including the 2021 surge and the correction that followed.
The market in 60 seconds
More choice. Softer prices. Buyers still cautious.
Maple Ridge's composite benchmark price was about $890,800 in August, down from a year earlier. That creates a more forgiving negotiating environment than the ultra-tight markets seen earlier in the decade, but affordability remains the central constraint.
The Bank of Canada held its policy rate at 2.25% on September 2. Stable short-term rates help, but fixed mortgage pricing still depends heavily on bond markets and lender spreads.
On the supply side, Maple Ridge reported 1,272 net new homes completed over the first two years of its provincial housing target — 99.1% of the required cumulative target — with a substantial development pipeline still moving through approvals.
Affordability
What does a Maple Ridge home actually require?
Purchase power
Translate home prices, rates, down payments and qualification rules into an understandable household-income range.
Use the calculator →Closing costs
Estimate BC property transfer tax, legal costs and the cash a buyer may need beyond the down payment.
Use the calculator →Refinance math
Compare the cost of breaking a mortgage with the potential savings from refinancing or consolidating higher-cost debt.
Tool coming nextHousing supply
Maple Ridge is close to its two-year housing target.
99.1%
1,272 net new homes completed against a cumulative two-year target of 1,284.
New
Housing Supply & Development Tracker
Follow provincial targets, approved pipeline, rentals, building permits and active City development applications.
Open the tracker →1,596potential units in 240 approved applications not yet move-in ready
466rental units approved at rezoning / development-permit stages in Year 2
3,954cumulative five-year provincial target by June 30, 2029
Rates & financing
The policy rate is only one part of the mortgage story.
The Bank of Canada held its target for the overnight rate at 2.25% on September 2, 2026. Variable mortgage rates tend to respond more directly to changes in bank prime rates, while fixed mortgage rates are influenced more heavily by Government of Canada bond yields, lender funding costs and competition.
This report will track the policy rate alongside bond-market context so buyers can see why mortgage pricing can move even when the Bank of Canada does not.
Methodology & sources
Primary sources first.
Greater Vancouver REALTORS® / MLS® HPI
Benchmark price and sales information for Maple Ridge and the broader Metro Vancouver market. Local figures should be updated monthly and attributed to the original data provider.
Bank of Canada
Policy interest-rate decisions and historical rate data.
City of Maple Ridge
Housing target progress, permitting, development pipeline and local housing-policy information.
CMHC & Statistics Canada
Housing starts, completions, demographics, income, tenure and affordability indicators.
Maple Ridge Housing Report is an independent informational publication. Data is presented for general information and may be revised by source agencies. It is not real estate, mortgage, legal, tax or investment advice.
About the editor
Tyler Shymkiw, PhD
Tyler is a Maple Ridge mortgage advisor and local community volunteer with a background in research and analysis. Maple Ridge Housing Report is designed as a separate public-data project: useful first, promotional second.