Burnaby is its own city east of Vancouver, home to the Metrotown and Brentwood condo towers, SFU and established detached neighbourhoods such as Burnaby Heights and Deer Lake. Tower districts add new supply at a steady pace, so condo buyers can often be selective while sellers must stand out on presentation and price. Because Burnaby sets its own bylaws and taxes separate from Vancouver's, local knowledge pays off, so we list one verified professional per service.
Sector professionals
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Real estate market data
Figures for Metro Vancouver (the Greater Vancouver REALTORS area) as a whole, which includes Burnaby. In August 2026, the MLS® benchmark price across Metro Vancouver (the Greater Vancouver REALTORS area) stood at $1,081,900, down 5.6% year over year. The average price, all property types combined, was $1,213,418. By property type: detached $1,842,900, townhouse $1,046,200, and apartment $695,200. There were 1,869 sales during the month, 4.6% fewer than a year earlier. With 8.5 months of inventory, it is a buyer's market by the standard board convention (under 4 months: sellers; 4 to 6: balanced; over 6: buyers).
Source: Greater Vancouver REALTORS (GVR), August 2026
Frequently asked questions
Is Burnaby part of the City of Vancouver?
No. Burnaby is a separate city directly east of Vancouver with its own council, bylaws and property taxes. Its sales are reported through Greater Vancouver REALTORS, but rules differ: notably, Vancouver's Empty Homes Tax does not apply in Burnaby, though the provincial Speculation and Vacancy Tax can. (City of Vancouver; BC Speculation and Vacancy Tax.)
How much inventory is there across Metro Vancouver in 2026?
With 8.5 months of inventory across Metro Vancouver (the Greater Vancouver REALTORS area), it is a buyer's market by the standard board convention (under 4 months: sellers; 4 to 6: balanced; over 6: buyers). Source: Greater Vancouver REALTORS (GVR), August 2026.
How does Burnaby pricing compare to the City of Vancouver?
Burnaby generally sits below comparable City of Vancouver homes, especially for detached property, which is part of its appeal to families and SFU-area buyers. Exact gaps vary by neighbourhood and property type, so local comparables matter more than any region-wide benchmark.