# Coquitlam Real Estate Forecast 2027: What Forecasters Say > CMHC, BCREA and CREA 2027 forecasts in one place, Coquitlam's latest numbers, and what rates, renewals and policy changes could mean for buyers and sellers. **Source:** https://soldbycraig.ca/blog/coquitlam-real-estate-forecast-2027/ **Author:** Craig Johnston, REALTOR® (BC Licence V99960) · Royal LePage Elite West **Site:** https://soldbycraig.ca --- ## Coquitlam real estate forecast for 2027: what the forecasters and the data actually say. No major forecaster publishes a Coquitlam-only forecast, and anyone who tells you exactly where prices will be next year is guessing. What is published: regional forecasts from CMHC, BCREA and CREA, the Bank of Canada’s view on rates and mortgage renewals, and Coquitlam’s own monthly numbers. Here’s all of it in one place, what would change it, and what it means if you’re planning to buy or sell in 2027. Quick answer ## More sales, roughly flat prices, and a lot depending on rates. CMHC, Vancouver area Sales 28,800 (2026) to 32,200 (2027). Average price $1.16M to $1.194M. BCREA, B.C. Sales up 7.5% in 2027, to 74,500, after a 1.2% dip in 2026 CREA, Canada Sales up 4.4% and average price up 1.2% in 2027 Coquitlam today Detached benchmark $1,584,400, -6.6% year over year (September 2026) **The honest read:** the published forecasts point to a slow recovery in sales in 2027, with average prices roughly flat to modestly higher across the region. They were all made before the Bank of Canada’s October 28, 2026 decision, and several forecasters say rates are the biggest uncertainty. Forecasts from [CMHC](https://www.cmhc-schl.gc.ca/observer/2026/summer-update-2026-housing-market-outlook), [BCREA](https://www.bcrea.bc.ca/economics/housing-forecast/) and [CREA](https://www.globenewswire.com/news-release/2026/10/16/3382342/0/en/crea-revises-resale-housing-market-forecast.html) — publication dates in the table below ### Expected to recover Every major forecaster expects more sales in 2027 than 2026, from a low base. ### Flat to modest The regional price forecasts that go out to 2027 are within a few percent of 2026. ### Interest rates The policy rate is 2.25%. CREA notes markets are pricing in hikes; it assumes limited action. ### Buyers have choice Coquitlam detached sales-to-active was 9.8% in September 2026, below the 12% GVR links to downward price pressure when sustained. ## First, what a “Coquitlam forecast” can and can’t be. I don’t publish price predictions, and I’d be careful with anyone who does for a single city. Coquitlam is a small part of a large regional market, and month-to-month numbers here move on a few dozen sales. What I can do is set out what the organizations with economists and models are forecasting for the region, show you where Coquitlam sits right now, and explain which factors would push things one way or the other. Two things to keep in mind as you read. First, the forecasts below cover different areas (the Vancouver census metropolitan area, British Columbia, or Canada) and different measures (average price, not the benchmark price GVR uses). Second, each one was published on a specific date and can be revised; CREA has revised its 2026 forecast three times this year. A forecast is a reasonable starting assumption, not a plan. Your plan should work even if the forecast is wrong. ## The published forecasts, side by side. CMHC goes furthest out, to 2028: 32,800 sales and an average price of $1.202 million for the Vancouver area. It also published a lower alternative scenario in which the 2027 average price stays about flat on 2026. CREA’s October revision puts British Columbia’s average price down 0.8% for 2026, and doesn’t publish a provincial number for 2027. The bank economists are more cautious about timing. RBC’s Robert Hogue, in early October, described Vancouver as “squarely in correction mode,” with weakness lasting “for the rest of this year and possibly into 2027,” and said “further depreciation will likely be necessary to draw in more buyers.” BCREA’s chief economist, Brendon Ogmundson, put the provincial picture this way in August: “A long-awaited recovery in the British Columbia housing market appears to be underway,” while noting he expects it to be slow and gradual. Active listings in B.C. are near their highest level since 2015. ## Where Coquitlam stands going into 2027. These are the latest local numbers from Greater Vancouver REALTORS®, for September 2026. They’re the starting line any 2027 change will be measured from. GVR’s guidance is that prices tend to come under downward pressure when the sales-to-active ratio stays below 12% for a sustained period, and upward pressure when it stays above 20%. Detached homes and apartments in Coquitlam are below 12%; townhouses are in between. Across Metro Vancouver, September sales were 25% below the 10-year average for the month, while active listings were 24.3% above it. In other words, the forecasts describe a recovery in activity. Coquitlam’s numbers describe a market where buyers still have choice and time. Both can be true going into 2027: sales can rise from a low base while prices stay soft until the extra inventory is absorbed. For the month-by-month detail, see the [Coquitlam market report](/coquitlam-market-report/). ## What could change the 2027 picture. #### Bank of Canada policy rate Held on September 2, 2026. The next decision is October 28, 2026. CREA says markets are pricing in about a full point of hikes over the next year. #### Mortgages renewing The Bank of Canada estimates the last pandemic-era five-year fixed mortgages, about 12% of all mortgages, renew between mid-2026 and mid-2027, with payments up about 15% on average. #### Fewer new homes later CMHC expects Vancouver-area housing starts to fall from 27,000 in 2026 to 22,000 in 2028. #### Federal and B.C. changes As of October 2026, the federal ban on foreign buyers is scheduled to expire on January 1, 2027, unless Ottawa extends or replaces it. B.C.’s speculation tax rate for foreign owners rises from 3% to 4% for 2027. **Rates.** Fixed mortgage rates follow bond yields more than the policy rate, and CREA cut its 2026 sales forecast in October largely because of higher fixed rates. If rates rise in 2027, the forecast recovery in sales would be harder to reach; if they hold, the forecasters’ base case looks more likely. **Renewals.** The Bank of Canada expects the renewal risk to have largely passed by the second half of 2027, once most borrowers facing meaningful payment increases have renewed. Most renewers so far have managed it, but owners stretched by a higher payment are one reason some homes come to market. If that’s you, see [should I sell or refinance?](/should-i-sell-or-refinance-coquitlam/) **Supply.** Fewer starts now means fewer completions in 2028 and beyond. That matters most for buyers comparing new condos with resale, and for the presale market, which has been weak across Metro Vancouver. ## What it means if you’re buying in 2027. - **Don’t wait for a bottom you can’t see.** Nobody announces it. If the forecasts are right, more buyers return in 2027 and the choice you have today narrows. If they’re wrong, prices stay soft longer. Buy when the home, the payment and your timing work, not on a prediction. - **Use the conditions you have now.** In a market with this much inventory, buyers can keep inspection and financing subjects, negotiate dates, and ask for concessions. My list of [what Coquitlam sellers are conceding](/blog/what-coquitlam-sellers-are-conceding-2026-buyer-negotiation-list/) shows what’s realistic. - **Stress-test your payment.** Plan for the rate at your first renewal, not just today’s. Start with the [mortgage stress test calculator](/coquitlam-mortgage-stress-test-calculator/). - **First-time buyers buying new:** the federal First-Time Home Buyers’ GST rebate covers up to $50,000 of GST on a new home, in full up to $1 million and phasing out to $1.5 million. Check the eligibility rules with the CRA before you count on it. The deeper version is in [is now a good time to buy in Coquitlam?](/is-now-a-good-time-to-buy-in-coquitlam/) ## What it means if you’re selling in 2027. - **Price for the market you’re in.** A forecast recovery in sales doesn’t mean higher prices next spring. Price from the most recent comparable sales, not from where you hope the market will be. - **Timing still matters.** Spring usually brings more buyers, and more listings too. Whether it’s better to list this fall or wait is a question about your home and your next move. I’ve written about it in [sell this fall or wait for spring?](/blog/should-i-sell-my-coquitlam-home-now-or-wait-fall-2026/) - **Move-up families: think in pairs.** If you’re selling to buy, a softer market lowers both prices. The gap between what you sell for and what you buy for is what matters, and in many cases that gap has narrowed. The [Coquitlam move-up guide](/coquitlam-move-up-guide/) walks through the numbers. - **Luxury sellers:** B.C.’s additional school tax rises in 2027 on the portion of a residential assessment over $3 million, which affects carrying costs at the top of the market. If you want to know what your home would likely sell for today, start with a [home evaluation](/home-evaluation/). You’ll get an Equity Map within 24 hours. ## Renters and investors: what CMHC expects. CMHC’s summer outlook expects the Vancouver-area rental vacancy rate to ease slightly, from 3.6% in 2026 to 3.5% in 2027, with the average two-bedroom rent rising from $2,398 to $2,451. That’s a far looser rental market than a few years ago, when vacancy was 1.6% in 2024. For investors, it means rent growth is modest and cap rates need to be checked carefully. See [the Coquitlam investment property guide](/coquitlam-investment-property-guide/). ## Coquitlam 2027 forecast: FAQ ## Sources & methodology Forecasts are quoted as published: CMHC [Summer Update to the 2026 Housing Market Outlook](https://www.cmhc-schl.gc.ca/observer/2026/summer-update-2026-housing-market-outlook) (July 22, 2026); BCREA [2026 Third Quarter Housing Forecast Update](https://www.bcrea.bc.ca/?p=32106) (August 20, 2026); CREA [forecast revision](https://www.globenewswire.com/news-release/2026/10/16/3382342/0/en/crea-revises-resale-housing-market-forecast.html) (October 16, 2026); and RBC’s Robert Hogue as reported by [BNN Bloomberg](https://www.bnnbloomberg.ca/business/real-estate/2026/10/07/bumpy-and-even-rbc-economics-releases-latest-housing-market-outlook/) (October 7, 2026). Rates are from the [Bank of Canada](https://www.bankofcanada.ca/core-functions/monetary-policy/key-interest-rate/); renewal figures from its [2026 Financial Stability Report](https://www.bankofcanada.ca/publications/financial-stability-report/financial-stability-report-2026/households/). Coquitlam figures are from the Greater Vancouver REALTORS® Coquitlam REALTOR® Report for September 2026, released October 2, 2026; Metro Vancouver comparisons with the 10-year average are from GVR’s September release. Tax changes are from B.C. Budget 2026 as summarized by [Fasken](https://www.fasken.com/en/knowledge/2026/02/bc-budget-2026-real-estate-highlights); the GST rebate from the [CRA](https://www.canada.ca/en/revenue-agency/services/forms-publications/publications/19-3-10/first-time-home-buyers-gst-hst-rebate.html). All read October 19, 2026. Forecasts are third-party estimates, not predictions by Craig Johnston, and can change. This page will be updated after the October 28 rate decision and the next GVR release in November 2026. ## Keep planning your next move. The pages below go deeper on the market and on timing a buy or sale in Coquitlam. #### Coquitlam Market Report The latest GVR numbers for Coquitlam, by property type. #### Is now a good time to buy? How to decide on timing without guessing the market. #### Is now a good time to sell? What today’s market means for your sale. #### The Coquitlam move-up guide Selling and buying in the same market, step by step. #### Coquitlam home value trends How prices have moved, and what’s driving them. #### All Tri-Cities market reports Coquitlam, Port Moody, Port Coquitlam and more. ## Planning a move in 2027? Start with your own numbers. Forecasts describe the region. Your decision depends on your home, your next home and your timing. Get an Equity Map within 24 hours, or book a 20-minute call and we’ll talk through your plan. Craig Johnston, REALTOR® V99960 · Royal LePage Elite West · 604-202-6092 Continue your research ## More on the Tri-Cities market. Market ### Coquitlam market update Prices and trends, explained. Values ### Home values by neighbourhood How prices differ across Coquitlam. Buyers ### Is that home overpriced? Six checks before you write an offer. Sellers ### Discount vs full-service listing What the fee buys when you sell. About the author ### [Craig Johnston, REALTOR®](/coquitlam-realtor-craig-johnston/) 9+ year Burke Mountain resident and 47+ year Tri-Cities native, with Royal LePage Elite West. BC Real Estate License V99960, regulated by the BC Financial Services Authority (BCFSA). Specializes in Coquitlam, Burke Mountain, Westwood Plateau, Heritage Mountain, Port Moody, Anmore acreage, and Belcarra Indian Arm waterfront. Move-up family representation, first-time buyer guidance, $2M+ luxury. [Full bio + credentials →](/coquitlam-realtor-craig-johnston/) [Book a free strategy call](/book-a-strategy-call-with-craig-johnston/) Tri-Cities monthly ## Local, once a month. September 2026 Coquitlam detached HPI is $1,584,400, -6.6% YoY. What that means for your buy or sell decision — without the salesy fluff. One email per month. Unsubscribe anytime. No spam, no listings flood, no marketing automation games. Genuine monthly update from a 47+ year Tri-Cities resident. ## A specialist for your specific Tri-Cities city or neighbourhood. ## FAQ ### Will Coquitlam home prices go up in 2027? No one publishes a Coquitlam-specific forecast. The regional forecasts that extend to 2027 point to roughly flat to modestly higher prices: CMHC’s summer 2026 outlook has the Vancouver-area average price at $1.194 million in 2027, up from $1.16 million in 2026, with a lower scenario in which it stays about flat. Coquitlam prices were still falling year over year as of September 2026. ### Is the Coquitlam housing market going to recover in 2027? The major forecasters expect a recovery in sales. BCREA forecasts B.C. sales up 7.5% in 2027, CMHC forecasts Vancouver-area sales rising from 28,800 to 32,200, and CREA forecasts national sales up 4.4%. A recovery in sales doesn’t necessarily mean a quick recovery in prices, especially with inventory as high as it is. ### Is Coquitlam a buyer’s market right now? Detached homes and apartments are below the level GVR associates with downward price pressure when it’s sustained. In September 2026, Coquitlam’s sales-to-active ratio was 9.8% for detached homes, 13.3% for townhouses and 10.5% for apartments. GVR says prices tend to come under downward pressure when the ratio stays below 12% for a sustained period. ### Should I wait until 2027 to buy in Coquitlam? Only if waiting suits your life, not because of a forecast. If the forecasts are right, more buyers return in 2027 and today’s choice and negotiating room shrink. If they’re wrong, prices may stay soft for longer. Buy when the right home, an affordable payment and your timing line up, and stress-test the payment against higher rates at renewal. ### Will interest rates go down in 2027? The Bank of Canada’s policy rate is 2.25%, held on September 2, 2026, with the next decision on October 28, 2026. CREA’s October forecast notes that markets are pricing in about 100 basis points of hikes over the next year, though CREA itself assumes limited action. No one can tell you which way rates will go; plan for a range. ### What happens when the foreign buyer ban ends? The federal Prohibition on the Purchase of Residential Property by Non-Canadians is scheduled to expire on January 1, 2027, unless the government extends or replaces it. Check for an announcement before relying on either outcome. Separately, B.C.’s speculation and vacancy tax rate for foreign owners rises from 3% to 4% for 2027, and B.C.’s additional property transfer tax for foreign buyers still applies in Metro Vancouver. ### When is the best time to sell in Coquitlam in 2027? Spring usually brings the most buyers, but also the most competing listings. The best time is when your home is ready, priced from current comparable sales, and your next move is planned. If you’re selling to buy, the gap between your sale price and your purchase price matters more than the season.