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 $1,607,100 in July 2026, down 10.9% from a year earlier. That trails the Burnaby South area average (-7.3% year over year) by 3.6 points. Since July 2023 the benchmark price has fallen 3.2% ($1,660,600 → $1,607,100), with the period high of $1,835,500 in May 2024.
Benchmark price trend
Benchmark price, Aug 2023 – Jul 2026. Hover a month for the exact value.
Burnaby Lake vs Burnaby South
Benchmark price indexed to 100 at Aug 2023. Since then, Burnaby Lake is down 4.5% vs −12.6% for Burnaby South overall.
Benchmark price levels by property type
| Property type | Jul 2026 | Jul 2025 | 1-yr change |
|---|---|---|---|
| Composite (all types) | $1,607,100 | $1,803,000 | -10.9% |
| Detached | $1,832,500 | $2,136,600 | -14.2% |
| Townhouse / attached | $1,154,900 | $1,178,900 | -2.0% |
More in Burnaby South
Source: Greater Vancouver REALTORS via MLS® Home Price Index benchmark prices (board-published)
Period: July 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.