Burnaby Lake Market Trends
MLS® Home Price Index benchmark prices in Burnaby South, Greater Vancouver
Burnaby Lake at a glance
The benchmark price of a home in Burnaby Lake was $1,538,000 in September 2026, down 11.6% from a year earlier. That trails the Burnaby South benchmark price (-7.2% year over year) by 4.4 points. Since July 2023 the benchmark price has fallen 7.4% ($1,660,600 → $1,538,000), with the period high of $1,835,500 in May 2024.
Benchmark price trend
Benchmark price, Oct 2023 – Sep 2026. Hover a month for the exact value.
Burnaby Lake vs Burnaby South
Benchmark price indexed to 100 at Oct 2023. Since then, Burnaby Lake is down 9.4% vs −12.9% for Burnaby South overall.
Benchmark price levels by property type
| Property type | Sep 2026 | Sep 2025 | 1-yr change |
|---|---|---|---|
| Composite (all types) | $1,538,000 | $1,740,000 | -11.6% |
| Detached | $1,740,800 | $2,071,500 | — |
| Townhouse / attached | $1,148,900 | $1,183,200 | — |
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 South
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.