Permack and Associates | Royal LePage West RES

Published July 7, 2025

Is the Market Shifting in Your Favour?

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Is the Market Shifting in Your Favour? header image.

If you’ve been sitting on the sidelines, waiting for the right time to buy in the Tri-Cities—this could be your moment.

Over the past few months, we’ve seen subtle but meaningful shifts in the local real estate landscape here in the Tri-Cities. Inventory has increased, competition has cooled, and sellers are becoming more open to negotiation. For buyers, this means more choices and more time to make decisions — a far cry from the fast-paced, multiple-offer climate of recent years.

Here are a few reasons why now might be a smart time to make a move:

More Inventory: A growing number of homes on the market means less competition and more options to suit your needs.

Motivated Sellers: With longer average days on market, many sellers are more flexible and open to negotiation.

Interest Rate Stability: While rates remain higher than they were a few years ago, we’re seeing signs of stabilization—and many experts are predicting potential drops in the coming months. Buying now and refinancing later could be a strategic move.

Micro-Market Opportunities: Specific neighbourhoods in Port Coquitlam, Coquitlam, and Port Moody are offering unique value— especially for first-time buyers and investors.

Whether you’re upgrading your family home, downsizing, or entering the market for the first time, current conditions present an excellent window of opportunity.

Need help understanding your options or exploring local listings? Let’s talk about real-life strategies that work for you — I’d love to grab a coffee and chat.

 

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