Photo: Earth Science and Remote Sensing Unit , Lyndon B. Johnson Space Center · Public domainSouth Slope’s home values run 2.2 times those of the middle of British Columbia’s towns
In figures: $1,600,000 for the median home in 2021, $720,000 for the middle of British Columbia’s towns. In 2023, 7,270 homes changed hands at a median price of $761,000, by Statistics Canada’s count. Nobody publishes sale prices, assessed values, values by property type and building permits for South Slope alone, so this card uses the figure for the city of Burnaby.
Three ways to price a home in South Slope
Every figure here is compared within the province, against British Columbia’s towns, since each province assesses on its own terms. A census value is an owner’s guess at a selling price in May 2021, and prices have moved since.
median, owners’ estimate
- Average
- $1.65M
- Owners
- 2,010
- British Columbia’s towns
- $720K
- The typical Canadian town
- $406K
median sale, wider area
- Average sale
- $950K
- ÷ buyers’ income
- 6.2×
- Buyers
- 7,270
- British Columbia’s towns
- $682K
all residential
- British Columbia’s towns
- $671K
Census 2021 (Statistics Canada); Canadian Housing Statistics Program, tables 46-10-0099 and 46-10-0093; Québec rôle d’évaluation foncière 2026 (MAMH).
Burnaby’s detached houses are assessed at 2.6 times the median of British Columbia’s towns
Of Burnaby’s 87,280 residential properties on the 2024 roll, 51% are condos.
Median assessment by type, 2024 the tick is the median of British Columbia’s towns
Canadian Housing Statistics Program, table 46-10-0093 (2024): residential properties on the assessment roll, vacant land left out. The ticks are the median of British Columbia’s towns with their own figure; assessments compare within a province only.
Before 1961: 37% of the homes in South Slope, where British Columbia’s towns have 11%
3,050 occupied homes stood in South Slope in 2021, and single-detached houses made up 47% of them. Neighbourhood figures add up small census areas, and rounding can leave the parts a little under the total.
Homes by period of construction the tick is the median of British Columbia’s towns
Homes by kind
| South Slope | British Columbia | Canada | |
|---|---|---|---|
| Condominiums | 1% | 10% | 8% |
| Needing major repairs | 4% | 6% | 6% |
| Too small for the household | 6% | 4% | 3% |
| Households in core housing need | 14% | 10% | 7% |
Census 2021 (Statistics Canada): occupied private dwellings; core housing need as Statistics Canada defines it. Ticks and columns are medians of the towns and neighbourhoods of 2,500 or more.
Permits in Burnaby ran at 38.9 homes a year per 1,000, where British Columbia’s towns ran at 18.1
From 2018 to 2023, permits in Burnaby created 26,151 homes, about 4,359 a year. Multi-unit buildings took most: single-unit ones were just under 1%, where British Columbia’s towns built 27%.
A peak in 2022: 6,578 new homes
New homes a year per 1,000 homes
Slowing: 26,358 new homes in the 12 months to August 2026, 11% fewer
Statistics Canada, tables 46-10-0087 (building permits by census subdivision, 2018–2023: dwelling units created, new construction and conversions) and 34-10-0292 (monthly, metro areas). Per 1,000: units a year over 2019–2023 against occupied homes in 2021. · Area behind the monthly permits figures: the Vancouver metro area
South Slope against British Columbia’s towns: 122% over the $720,000 median
254 of British Columbia’s towns (2,500 people or more), by median value at the 2021 census, dearest first.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Lower values near South Slope: Royal Oak, Metrotown and Killarney
The places around South Slope at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| South Slope | $1.6M | $1.65M | 66% | |
| Royal Oak | $1.2M | $1.24M | 67% | 1.9 |
| Metrotown | $750K | $838K | 49% | 2 |
| Killarney | $850K | $1.23M | 57% | 2.8 |
| Edmonds | $685K | $849K | 57% | 3.2 |
| Garden Village | $1.7M | $1.74M | 64% | 3.4 |
| Buckingham Heights | $1.6M | $1.86M | 78% | 3.5 |
Census 2021 values; km.
Questions about property prices in South Slope
Is South Slope expensive for British Columbia?
Above the norm for British Columbia’s towns, whose median home is worth $720,000; South Slope’s is worth more.
How many households in South Slope are in core housing need?
Above the norm for British Columbia’s towns (10%): 14% in South Slope, counting the households whose home falls short on cost, size or repair.
Can I see individual sales or prices by street?
No. Sales are published as town figures (median, average, buyers); street-level or single sales aren’t released.
Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, Canadian Housing Statistics Program · Statistics Canada, building permits (tables 46-10-0087 and 34-10-0292). Under the Statistics Canada Open Licence.
Adapted from Statistics Canada (Census of Population 2021, population estimates 2025, 2021 census boundaries) under the Statistics Canada Open Licence; this does not constitute an endorsement by Statistics Canada. Neighbourhood names in some cities © OpenStreetMap contributors (ODbL).