Port Moody real estate continues to hold stronger than most markets in the Lower Mainland, and the biggest reason is simple: there’s almost no new housing being built. With major projects delayed, fewer condo approvals, and developers shifting to rental-only buildings, the city isn’t adding enough inventory to keep up with future demand.
Buyers still want the Port Moody lifestyle — Rocky Point Park, breweries, SkyTrain access, great schools — but the supply of new homes is extremely limited. That lack of development is keeping townhome prices, condo prices, and even detached home values more stable than what we’re seeing in surrounding markets like Coquitlam and Port Coquitlam.
If you're thinking about buying or selling in Port Moody, understanding how low inventory and stalled development impact pricing is key. Reach out if you want to make a strategic move in the Port Moody real estate market.
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