Government Road Market Trends
MLS® HPI benchmark prices in Burnaby North, Greater Vancouver
Government Road at a glance
The benchmark price of a home in Government Road was $900,700 in June 2026, down 11.0% from a year earlier. That trails the Burnaby North area average (-8.2% year over year) by 2.8 points. Since November 2023 the benchmark has fallen 2.6% ($924,600 → $900,700), with the period high of $1,026,800 in June 2024.
Benchmark price trend
Composite MLS® HPI benchmark, Nov 2023 – Jun 2026. Hover a month for the exact value.
Government Road vs Burnaby North
Benchmark price indexed to 100 at Nov 2023. Since then, Government Road is down 2.6% vs −10.1% for Burnaby North overall.
Benchmark levels by property type
| Property type | Jun 2026 | Jun 2025 | 1-yr change |
|---|---|---|---|
| Composite (all types) | $900,700 | $1,012,300 | -11.0% |
| Detached | $2,049,700 | $2,382,000 | -14.0% |
| Townhouse / attached | $1,018,400 | $1,064,000 | -4.3% |
| Apartment / condo | $513,200 | $567,700 | -9.6% |
More in Burnaby North
Source: Greater Vancouver REALTORS via MLS® Home Price Index (board-published)
Period: June 2026
Market statistics are provided for informational purposes only and may not reflect all real estate activity in the market. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA). Past performance does not guarantee future results. Consult a licensed real estate professional for specific advice.