Detached benchmark
$1,654,000
Coquitlam detached HPI, May 2026 GVR®. −5.7% YoY — the corridor has reset meaningfully from 2022 peak.
The May 2026 Greater Vancouver REALTORS® release in one page. Benchmark prices and YoY changes by segment, sales-to-listings ratios, what they mean for buyers vs sellers vs move-up families, and the three themes I'm tracking in client conversations this cycle. No headlines, no spin. Just the data, with context.
Tri-Cities monthly · free
First of each month, after the GVR release. Plain English, no salesy fluff. Unsubscribe one-click any time.
The May 2026 headline
What's the current Coquitlam market doing?
Balanced, with a buyer tilt. Detached HPI is $1,654,000 (down 5.7% YoY). Townhouse is $1,023,500 (down 5.1%). Apartment is $657,400 (down 8.8% — the deepest segment reset). Weighted sales-to-listings is 30% — right at the line between buyer-favouring and balanced. Disciplined buyers can negotiate on price, dates, and conditions. Disciplined sellers still get firm-sold contracts inside 21 days. The market rewards execution; it doesn't reward hope.
Direct from the Greater Vancouver REALTORS® June 2 release. No DOM estimates, no fabricated active-listing counts — only the figures GVR publishes.
Coquitlam detached HPI, May 2026 GVR®. −5.7% YoY — the corridor has reset meaningfully from 2022 peak.
Coquitlam townhouse HPI, May 2026 GVR®. −5.1% YoY — the most consistent of the three segments.
Coquitlam apartment HPI, May 2026 GVR®. −8.8% YoY — deepest segment reset; investor cap rates pencilling again.
Coquitlam weighted s2l, May 2026. Right at the line between buyer-favouring and balanced.
Source: Greater Vancouver REALTORS® statistics package, released 2026-06-02. Last refreshed June 2, 2026. Next GVR release expected 2026-07-02.
Sales-to-listings compares closed sales in the month against new listings on. It's the single best leading indicator of where prices move next. Read the bands:
Three reader groups make different decisions from the same data. Here's the honest read for each:
Detached down 5.7% YoY. Sellers are negotiating on price, dates, and conditions. Offers with inspection subjects are common again. Best window if you have a 5+ year horizon and comfortable qualification. Wait if you're max-qualifying or under 5 years on timeline.
Not a hot seller market. Disciplined launches still produce 21-day firm-sold contracts at fair prices. Soft launches sit 60+ days before a forced price drop. Pricing precision + presentation + concentrated launch + structured negotiation are the difference between a clean close and a stalled relist.
Townhouse held value (down 5.1%) while detached softened (down 5.7%). The gap from townhouse to detached is the most attractive it's been since 2023. Parallel Motion (list and shop at the same time) is the right play for most families — not sell-first or buy-first.
Three patterns showing up across every Strategy Call this month. Each is a story the headline numbers don't quite tell:
Apartment HPI down 8.8% YoY plus 4–7% annual rent growth has pushed Burquitlam and Lincoln 1-bed and 1-bed-plus-den entry-tier cap rates above 4.2% for the first time since 2019. Investors who waited out the 2022–2024 cycle are back at the table.
The pool of families who sat out 2023–2024 because of rate uncertainty is moving again as the Bank of Canada holds rates steady. Most are looking at the $1.6M–$2.1M detached band, especially in strong SD43 catchments. Listings in that band that show well are clearing in 21 days.
The 21-day firm-sold sale isn't the exception in May 2026 — it's the norm for sellers who price tight to comps, present well, and launch with concentrated marketing. The 60+ day stale listings are over-priced, under-prepared, or soft-launched. Same market, very different outcomes.
First of each month. Current month's GVR data, what shifted vs the previous month, what it means for buyers / sellers / move-up families. Plain English, no salesy fluff. Unsubscribe one-click any time.
No spam, no listings flood. Genuine monthly update from a 47+ year Tri-Cities resident.
5.0 stars across 32+ verified Google reviews. Three below from real Tri-Cities clients on market-read execution.
“We received seven offers, and Craig held firm on our priorities: no subject to sale and achieving our price. When we re-listed in January, it sold in just three days to buyers he had been nurturing — at the price we wanted.”Jim Turnbull
“Craig sold my property in just 6 days. After receiving one offer, he quickly reconnected with all the other realtors who had viewed the property, and before I knew it, we had multiple offers — all over asking price.”Heather Fox
“Craig was patient throughout the entire process. He never pushed us to buy something we weren't sure about, and when we decided to wait six months and save more, he just said ‘good call’ and stayed in touch.”Susie & Hans
May 2026 GVR data: Coquitlam detached HPI benchmark is $1,654,000 (−5.7% YoY); townhouse $1,023,500 (−5.1%); apartment $657,400 (−8.8% — the deepest segment reset). Sales-to-listings ratios: 24% detached (balanced-to-buyer-favouring), 34% townhouse (balanced), 32% apartment (balanced). Weighted sales-to-listings 30%. The corridor has reset from its 2022 peak; well-prepared, correctly-priced homes still move in 21 days; under-prepared or over-priced listings sit 60+ days.
For buyers with a 5+ year horizon, comfortable qualification, and a target neighbourhood — yes. May 2026 is the most buyer-favouring window the Tri-Cities has seen since 2020. Detached down 5.7% YoY, sellers negotiating, inspection subjects common again. For buyers with under 5 years horizon or max-qualifying budgets, waiting 6–12 months and saving more is usually the better answer.
Yes, if your home is correctly priced and well-prepared. May 2026 is balanced-to-buyer-favouring — not a hot seller market — so the 5 levers (pricing, presentation, marketing, launch, negotiation) have to be pulled together. Over-priced or under-prepared listings sit 60+ days before a forced price drop. Disciplined sellers still get firm-sold contracts inside 21 days at fair prices.
Monthly, on the first business day after the Greater Vancouver REALTORS® release. The May 2026 data on this page was sourced from the June 2, 2026 GVR statistics package. The next update (June 2026 data) is expected on July 2, 2026. Subscribers to the monthly Tri-Cities update get it in their inbox the same day.
The sales-to-listings ratio compares closed sales in the month against new listings that came on. Under 20% is buyer-favouring. 20–30% is balanced-to-buyer-favouring. 30–40% is balanced. 40–50% is balanced-to-seller-favouring. Over 50% is seller-favouring. May 2026 Coquitlam weighted s2l is 30% — right at the line. By segment: 24% detached, 34% townhouse, 32% apartment.
Two drivers. 1) Federal and BC short-term-rental restrictions and stress-test rules reduced investor demand for entry-tier condos. 2) New supply delivered through 2024–2025 hit the market as the rate-hike-cooled buyer pool was still recovering. For buyers: condo investor cap rates are pencilling above 4.2% in Burquitlam and Lincoln for the first time since 2019. For sellers: presentation and pricing precision matter more in this segment than anywhere else in the Coquitlam market.
Twenty minutes is enough to walk through your address, your equity, your timeline, and your next-move plan against this month's data — and tell you honestly what changes for you. No pitch, no pressure. You leave with a written one-page plan.
5.0 across 32+ Google reviews Top 1% Team — Greater Vancouver REALTORS® 47+ years in the Tri-Cities
Or call direct: 604-202-6092