Burnaby's housing prices have stayed relatively the same in the last month.
Greater Vancouver Realtors' April data shows Burnaby East's residential home price hit a benchmark price of $1,127,300 in March, an 0.2 per cent increase compared to February.
Burnaby North hit $1,009,600 (+0.7), while Burnaby South saw a benchmark price of $1,124,100.
Meanwhile, single-family detached homes were more than $2 million in Burnaby South at $2,238,900 (+0.4 per cent).
Burnaby North currently has a benchmark price of more than $2 million at $2,163,600 (+0.4 per cent) while Burnaby East came in at $1,994,800 (+0.1 per cent).
“If we can set aside the political and economic uncertainty tied to the new U.S. administration for a moment, buyers in Metro Vancouver haven’t seen market conditions this favourable in years,” GVR director of economics and data analytics Andrew Lis said in a news release.
"Prices have eased from recent highs, mortgage rates are among the lowest we’ve seen in years, and there are more active listings on the MLS® than we’ve seen in almost a decade. Sellers appear ready to engage — but so far, buyers have not shown up in the numbers we typically see at this time of year.”
Areas covered by Greater Vancouver Realtors include Burnaby, New Westminster, Coquitlam, Port Coquitlam, Port Moody, Maple Ridge, North Vancouver, Pitt Meadows, Richmond, South Delta, Squamish, Bowen Island, Sunshine Coast, Vancouver, West Vancouver and Whistler.
