diff --git a/custom.props b/custom.props
index 16a9b72910..0983ed7a6f 100644
--- a/custom.props
+++ b/custom.props
@@ -15,9 +15,9 @@
     <VersionBuildRevision Condition="'$(TerminalTargetWindowsVersion)'=='Win11' and '$(VersionBuildRevision)'!=''">$([MSBuild]::Add($(VersionBuildRevision), 1))</VersionBuildRevision>
 
     <XesUseOneStoreVersioning>true</XesUseOneStoreVersioning>
-    <XesBaseYearForStoreVersion>2022</XesBaseYearForStoreVersion>
+    <XesBaseYearForStoreVersion>2023</XesBaseYearForStoreVersion>
     <VersionMajor>1</VersionMajor>
-    <VersionMinor>17</VersionMinor>
+    <VersionMinor>18</VersionMinor>
     <VersionInfoProductName>Windows Terminal</VersionInfoProductName>
   </PropertyGroup>
 </Project>