Latest 2026 Tri-Cities real estate market update. Learn about home prices, listings, and housing trends in Coquitlam, Port Moody, and Port Coquitlam.

If you’re wondering what’s happening in the Tri-Cities real estate market, you’re not alone. Many buyers and sellers across Coquitlam, Port Moody, and Port Coquitlam are asking the same question:

Is now a good time to buy or sell a home in Greater Vancouver?

Based on the latest data from the Greater Vancouver REALTORS® (GVR) market reports, the start of 2026 has brought a shift toward a more balanced market.

Greater Vancouver Real Estate Market Overview

Across Metro Vancouver, home sales at the beginning of the year have been slower than the long-term average. This is typical for winter months, but it also reflects the broader transition the market has been undergoing since the intense seller conditions of previous years.

At the same time, active listings have increased, giving buyers more options and reducing some of the pressure that defined the market during the pandemic years.

For buyers in Coquitlam, Port Moody, and Port Coquitlam, this means:

• More homes available to choose from

• Fewer multiple-offer situations

• Greater negotiating room in many cases

Home Prices in Greater Vancouver

Home prices across Greater Vancouver have softened slightly compared to last year, helping restore some balance between buyers and sellers.

Current benchmark prices across Metro Vancouver are approximately:

• Detached homes: around $1.85M

• Townhomes: around $1.04M

• Condos: around $704K

While prices have adjusted modestly year-over-year, desirable neighbourhoods and well-presented homes are still attracting serious buyers.

What This Means for Tri-Cities Buyers

For buyers looking at the Coquitlam housing market, Port Moody real estate, or Port Coquitlam homes for sale, the current market conditions may present an opportunity.

More inventory means buyers can take time to:

• Compare properties

• Conduct proper inspections

• Negotiate more confidently

This is a very different experience compared to the intense competition we saw just a few years ago.

What This Means for Sellers

For homeowners thinking about selling in the Tri-Cities real estate market, strategy matters more than ever.

Homes that sell successfully today typically share three things:

1. Accurate pricing based on current market data

2. Strong marketing and exposure

3. Proper preparation and presentation

When these factors align, homes can still sell quickly — even in a more balanced market.

Looking Ahead to the 2026 Spring Market

Many industry analysts expect activity across Greater Vancouver real estate to increase as we move into the spring market.

Spring traditionally brings:

• More buyers entering the market

• Increased listing activity

• Stronger sales volume

For both buyers and sellers, timing and local expertise will play an important role in navigating the evolving market.

Thinking of Buying or Selling in the Tri-Cities?

If you’re considering buying or selling a home in Coquitlam, Port Moody, Port Coquitlam, or the Greater Vancouver area, having a clear understanding of local market conditions can make a significant difference.

Real estate markets change quickly — and local insight matters.

You can always reach out to learn more about current Tri-Cities real estate trends and what they might mean for your next move.

— Aga
Tri-Cities REALTOR® | SoldByAga.com