After months on the decline, Burnaby home prices increased in February: report

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After months on the decline, Burnaby home prices increased in February: report
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It's all positive for Burnaby regional sales, the Real Estate Board of Greater Vancouver says.

The Real Estate Board of Greater Vancouver says regional home sales hit 1,808 last month, marking a 47.2 per cent drop compared to February 2022, but a 76.9 per cent rise from the 1,022 homes sold this past January. "While we continue to expect home price trends to show year-over-year declines for a few more months, current data and market activity suggest pricing is firming up.

Locally, residential housing hit a benchmark price of $1,102,900 in Burnaby East , $963,600 in Burnaby North and Burnaby South came in at $1,060,000 .

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