Burnaby Lake Market Trends
MLS® HPI benchmark prices in Burnaby South, Greater Vancouver
Burnaby Lake at a glance
The benchmark price of a home in Burnaby Lake was $1,627,900 in June 2026, down 10.0% from a year earlier. That trails the Burnaby South area average (-6.7% year over year) by 3.3 points. Since July 2023 the benchmark has fallen 2.0% ($1,660,600 → $1,627,900), with the period high of $1,835,500 in May 2024.
Benchmark price trend
Composite MLS® HPI benchmark, Jul 2023 – Jun 2026. Hover a month for the exact value.
Burnaby Lake vs Burnaby South
Benchmark price indexed to 100 at Jul 2023. Since then, Burnaby Lake is down 2.0% vs −11.5% for Burnaby South overall.
Benchmark levels by property type
| Property type | Jun 2026 | Jun 2025 | 1-yr change |
|---|---|---|---|
| Composite (all types) | $1,627,900 | $1,808,100 | -10.0% |
| Detached | $1,879,500 | $2,153,400 | -12.7% |
| Townhouse / attached | $1,108,700 | $1,159,500 | -4.4% |
More in Burnaby South
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.