Burnaby North and South also hold benchmark prices of more than $2M.
Single-family detached homes throughout Burnaby now sit at a benchmark price of more than $2 million, according to a new report from Greater Vancouver Realtors.
Residential and composite properties all saw decreases with Burnaby East dropping 0.1 per cent to $1,55,700, -0.6 per cent in Burnaby North to $1,012,800 and -0.1 per cent in Burnaby South to $1,139,700. Greater Vancouver Realtors said there were 1,904 total sales throughout the region last month, which is a 17.1 per cent decrease from the 2,296 sales in August of 2023.
“From a seasonal perspective, August is typically a slower month for sales than June or July. In this respect, this August has been no different,” Greater Vancouver Realtors Director of Economics and Data Analytics Andrew Lis said in the report.
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