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Area guide

Burnaby real estate

Burnaby is Metro Vancouver's tower-building capital — Metrotown, Brentwood, and Lougheed each adding thousands of transit-oriented condos — wrapped around single-family neighbourhoods that remain some of the region's quietest.

$1,842,900

Greater Vancouver benchmark, detached

-6.0%

1-year change (composite)

39

Average days on market

14%

Sales-to-active ratio

MLS® HPI and board statistics, June–July 2026. Data deemed reliable but not guaranteed.

Burnaby's three town centres are distinct condo markets: Metrotown the most established, Brentwood the fastest-changing, Lougheed the value entry. All three trade on SkyTrain access and amenity scale. Between the towers, neighbourhoods like Buckingham Heights and the Crest offer detached living that feels further from the city than it is.

Burnaby's rental-replacement policies and development pipeline also make it a market where strata buyers need current information — building-by-building guidance matters.

Three town centres

Metrotown, Brentwood, and Lougheed give buyers three price points for transit-oriented living.

SFU and BCIT

Two major institutions anchor rental demand across the city.

Quiet pockets

Established detached streets sit minutes from the towers at a fraction of Vancouver west-side prices.

Common questions about Burnaby

Which Burnaby town centre is best for buyers?
Metrotown for amenity maturity and resale depth, Brentwood for newer buildings and the strongest growth narrative, Lougheed for entry price. The right answer depends on budget and timeline — the three markets can differ by hundreds of dollars per square foot.
Is Burnaby cheaper than Vancouver?
Generally yes for comparable product, with the gap widest in detached homes. The SkyTrain makes the practical difference in daily life smaller than the price difference suggests.

Nearby area guides

Working in Burnaby? Call +1 (604) 341-1801 or send a note — Rachel replies within one business day.