Government Road Market Trends
MLS® Home Price Index benchmark prices in Burnaby North, Greater Vancouver
Government Road at a glance
The benchmark price of a home in Government Road was $884,600 in September 2026, down 12.2% from a year earlier. That trails the Burnaby North benchmark price (-7.4% year over year) by 4.8 points. Since July 2023 the benchmark price has fallen 4.7% ($928,600 → $884,600), with the period high of $1,026,800 in June 2024.
Benchmark price trend
Benchmark price, Oct 2023 – Sep 2026. Hover a month for the exact value.
Government Road vs Burnaby North
Benchmark price indexed to 100 at Oct 2023. Since then, Government Road is down 4.1% vs −13.9% for Burnaby North overall.
Benchmark price levels by property type
| Property type | Sep 2026 | Sep 2025 | 1-yr change |
|---|---|---|---|
| Composite (all types) | $884,600 | $1,007,900 | -12.2% |
| Detached | $1,902,100 | $2,279,000 | — |
| Townhouse / attached | $1,006,400 | $1,068,700 | — |
| Apartment / condo | $511,200 | $557,600 | — |
1-yr change is the figure Greater Vancouver REALTORS published for Sep 2026; "—" where none is on file. It is not recalculated from the two levels shown: the year-ago level is the figure as first published, and boards revise past values.
More in Burnaby North
Source: Greater Vancouver REALTORS via MLS® Home Price Index benchmark prices (board-published)
Period: September 2026
Market statistics are provided for informational purposes only and may not reflect all real estate activity in the market. Past performance does not guarantee future results. Consult a licensed real estate professional for specific advice.