Metrotown Market Trends

MLS® Home Price Index benchmark prices in Burnaby South, Greater Vancouver

July 2026
Benchmark price
$848,100
7.4% YoY
Price History
37 months

Metrotown at a glance

The benchmark price of a home in Metrotown was $848,100 in July 2026, down 7.4% from a year earlier. That trails the Burnaby South area average (-7.3% year over year) by 0.1 points. Since July 2023 the benchmark price has fallen 16.0% ($1,010,100 → $848,100).

Benchmark price trend

Benchmark price, Aug 2023 Jul 2026. Hover a month for the exact value.

$800K$850K$900K$950K$1.00M$1.05MAug ’23Feb ’25Jul ’26$848K

Metrotown vs Burnaby South

Benchmark price indexed to 100 at Aug 2023. Since then, Metrotown is down 15.6% vs 12.6% for Burnaby South overall.

MetrotownBurnaby South
80859095100Aug ’23Feb ’25Jul ’26Metrotown -15.6%Burnaby South -12.6%

Benchmark price levels by property type

Property typeJul 2026Jul 20251-yr change
Composite (all types)$848,100$915,800-7.4%
Detached$1,916,000$2,078,400-7.8%
Townhouse / attached$950,500$1,056,400-10.0%
Apartment / condo$787,700$855,700-7.9%
Detached
$1.92M
-7.8% 1yr
Townhouse / attached
$951K
-10.0% 1yr
Apartment / condo
$788K
-7.9% 1yr

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.