MUSQUEAM RIGHTS RECOGNITION AGREEMENT  CLIENT BRIEFING
CLIENT BRIEFING REPORT
Musqueam Indian Band   Rights Recognition Agreement
Signed February 20, 2026 | Prepared for Client Distribution Key Facts at a Glance Agreement Name
šxʷq̓ʷal̕təl̕tən   Rights Recognition AgreementParties
Musqueam Indian Band and His Majesty the King in Right of Canada Date Signed
February 20, 2026 Signed By
Chief Wayne Sparrow (Musqueam) and the Honourable Rebecca Alty, P.C., M.P. (Canada)Source
Crown Indigenous Relations and Northern Affairs Canada (CIRNAC)Nature of Agreement
Rights recognition and reconciliation framework — NOT a land cession or treaty 

Legal Status Does NOT constitute a treaty under sections 25 or 35 of the Constitution Act, 1982

Who Are the Musqueam? The Musqueam Indian Band (xʷməθkʷəy̓əm) are the original hən̓q̓əmin̓əm̓ speaking peoples whose territory has been continuously occupied for well over 8,000 years. Their traditional lands encompass a significant portion of what is now Metro Vancouver, including key areas relevant to real estate in the region. 
Musqueam Territory Defined Boundaries. The Musqueam Territory is formally defined in the agreement as the lands, lakes and streams bounded by:

1. Starting at Harvey Creek in Howe Sound, proceeding eastward to the height of land

2. Continuing around the entire watershed draining into English Bay, Burrard Inlet, and Indian Arm

3. South along the divide between the Coquitlam and Brunette Rivers to the Fraser River

4. Across to the south bank of the Fraser River's main stream and South Arm to the sea

5. Including all intervening lands, islands, and waters back along the shoreline to Harvey Creek

6. Including the sea, reefs, tidal flats, and islands adjacent to the above lands, out to the centre of the Strait of Georgia 

In practical terms, this encompasses much of what clients may recognize as Metro Vancouver — including Vancouver, Richmond, Burnaby, parts of the North Shore, Coquitlam, New Westminster, and surrounding areas. 
Secondary Use Area Beyond the core territory, Musqueam also asserts a “Secondary Use Area” through historic kinship ties, covering portions of the broader Salish Sea and adjacent lands, extending up the Fraser River to the Fraser Canyon. 
What Is This Agreement? This is a Rights Recognition Agreement, a formal, bilateral arrangement between the Musqueam Indian Band and the Government of Canada. Its primary purpose is to recognize Musqueam's existing Aboriginal Rights and Title formally and to establish a structured framework for progressively implementing those rights. 
What the Agreement Does

1. Formally recognizes Musqueam's unextinguished Aboriginal Rights and Title within Musqueam Territory

2. Establishes Fundamental Principles to guide the ongoing nation-to-nation relationship

3. Creates a framework of Incremental Implementation Agreements (IIAs)  separate, specific agreements on individual topics

4. Sets out a formal dispute resolution process (negotiation → mediation → arbitration or litigation)

5. Commits both parties to future discussions and negotiations on additional topics 

What the Agreement Does NOT Do

1. Does NOT constitute a treaty or land claims agreement under the Constitution Act, 1982

2. Does NOT create, amend, define, establish, extinguish, or abrogate Musqueam's Rights and Title

3. Does NOT transfer land ownership or affect the title registered in the Land Title Office

4. Does NOT restrict Musqueam Members from continuing to access federal programs and services

5. Does NOT affect the rights of any other Aboriginal peoples 

Incremental Implementation Agreements (Annex A): Three specific implementation agreements are attached to or enacted concurrently with this Rights Recognition Agreement. These are separate, binding arrangements dealing with specific subject matters.

Agreement Details Revenue Sharing Agreement (YVR Airport)Effective February 24, 2025. Governs the sharing of federal lease revenues from Vancouver International Airport (YVR) between Musqueam and Canada (Transport Canada and CIRNAC).Stewardship and Marine Management Agreement
Effective concurrently with this Agreement (February 20, 2026). Involves Ministers of Fisheries, Transport Canada, Environment and Climate Change, Defence, and Crown-Indigenous Relations.Fisheries Agreement
Effective concurrently with this Agreement (February 20, 2026). Involves the Minister of Fisheries and Oceans Canada. 
Legal and Constitutional Framework: This agreement operates within, and is shaped by, a specific legal and constitutional context that clients should be aware of. Section 35, Constitution Act, 1982
Recognizes and affirms the existing Aboriginal and treaty rights of Aboriginal peoples of Canada. Musqueam's Rights and Title are grounded in this constitutional protection. Musqueam's Aboriginal Title
The Supreme Court of Canada has confirmed that Aboriginal title is an inherent right constituting a legal interest in land, with both jurisdictional and economic components. Musqueam's title has NOT been extinguished.
Key Case Law Referenced
Sparrow, Guerin, and Delgamuukw foundational Supreme Court of Canada decisions confirming Aboriginal rights, the honour of the Crown, and the economic attributes of Aboriginal title.UN Declaration on the Rights of Indigenous Peoples (UNDRIP)
Canada has fully endorsed and enacted UNDRIP. This agreement explicitly commits to its implementation. Truth and Reconciliation Commission
Canada has committed to implementing the TRC's 94 Calls to Action. The TRC recommended UNDRIP as the framework for reconciliation. 
What This Means for Real Estate Clients.  Clients must understand the practical scope and limitations of this agreement as it relates to property transactions in Metro Vancouver. This Agreement Does Not Affect Registered Title. This Rights Recognition Agreement does not transfer ownership of privately held land, nor does it affect title registered in the BC Land Title Office. Properties within the Musqueam Territory remain subject to their existing legal ownership structures. 
Duty to Consult Considerations: The agreement strengthens the formal relationship between Musqueam and Canada on federal matters. For projects or decisions involving federal jurisdiction (for example, federal Crown land, ports, airports, navigable waters), the duty to consult Musqueam is reinforced. For most private residential and commercial real estate transactions, this agreement does not impose new obligations on buyers or sellers directly. 
Lease Revenues from Federal Land. One concrete financial outcome of the agreements is the sharing of YVR airport lease revenues between Canada and Musqueam — a precedent-setting economic reconciliation measure. This demonstrates the economic dimension of Musqueam's rights as recognized in Canadian law. 
Ongoing Negotiations: This agreement explicitly contemplates future negotiations (Part 7). Additional Incremental Implementation Agreements will be negotiated over time, which may expand the scope of Musqueam's formally recognized authority in areas such as stewardship, fisheries management, and potentially others. Clients should monitor developments in this area over the coming years. 
Musqueam's Existing Land Holdings. Musqueam already owns and manages significant real estate interests in Vancouver, including Musqueam Indian Reserve No. 2 near Sea Island, and long-standing lease arrangements with residential neighbourhoods in the Dunbar and University area. This agreement is separate from those existing arrangements. 
Dispute Resolution Process. The agreement establishes a structured, multi-stage dispute resolution process for disagreements between Musqueam and Canada.

1. Stage 1 — Formal Unassisted Negotiations
   Senior officials from each party meet within 21 days of notice and negotiate for a minimum of 60 days.

2. Stage 2 — Mediation or Alternative Process
   If Stage 1 fails, either party can trigger mediation within 60 days. A mediator is jointly selected within 30 days. Mediation runs for a minimum of 90 days.

3. Stage 3 — Arbitration or Litigation

4. If Stage 2 fails, parties may agree to binding arbitration, or either party may commence litigation. No party may proceed to litigation without first completing Stages 1 and 2.

Note This dispute resolution process applies to disagreements between Musqueam and Canada only  it does not directly apply to private real estate disputes. Key Principles of the Agreement: The agreement is underpinned by the following Fundamental Principles (Part 3):

1. Musqueam has unextinguished Rights and Title within its territory.

2. The Musqueam core teaching nəćaʔmat ct (“we are all one”)  collaboration and coexistence.

3. The rights affirmed in UNDRIP represent minimum standards for the survival, dignity, and well-being of Indigenous peoples.

4. The fiduciary relationship between Canada and Musqueam continues as circumstances dictate.

5. Implementation is a shared responsibility requiring an effective nation-to-nation relationship.

6. Both parties must act in good faith. Canada must act in a manner consistent with the Honour of the Crown.

7. The Government of Canada as a whole is accountable for its obligations under this agreement.

Key Dates and Timeline 1976
Musqueam Declaration  formal description of Musqueam Territory first published.2017
Musqueam and Canada sign Framework for the Recognition and Implementation of Musqueam Rights and Title.November 2018
Term sheets set out Musqueam's initial vision for incremental rights implementation.2019
Parties begin negotiating Incremental Implementation Measures on priority topics. February 24, 2025
YVR Revenue Sharing Agreement comes into effect (Annex A, Item 1).February 20, 2026
Rights Recognition Agreement (šxʷq̓ʷal̕təl̕tən) signed by Chief Wayne Sparrow and Minister Rebecca Alty.February 20, 2026
Stewardship and Marine Management Agreement and Fisheries Agreement also come into effect. 
IMPORTANT NOTICE

Sources and References

Information in this article regarding the Musqueam Rights Recognition Agreement (2026) was gathered from publicly available government and Indigenous sources including the following: Government of Canada
Crown Indigenous Relations and Northern Affairs Canada (CIRNAC)
https://www.rcaanc-cirnac.gc.caOfficial Government of Canada announcement regarding the Musqueam Rights Recognition Agreement
https://www.canada.ca/en/crown-indigenous-relations-northern-affairs/news/2026/02/canada-and-musqueam-indian-band-sign-rights-recognition-agreement.htmlMusqueam Indian Band Official Website
https://www.musqueam.bc.caUnited Nations Declaration on the Rights of Indigenous Peoples Act (Canada)
https://www.justice.gc.ca/eng/declaration/index.htmlSupreme Court of Canada decisions regarding Aboriginal rights and title including Sparrow, Guerin, and Delgamuukw
https://www.scc-csc.caThis article is a summary of publicly available information intended for general informational purposes only and does not constitute legal advice.

Frequently Asked Questions About the Musqueam Rights Recognition Agreement

Does the Musqueam Rights Recognition Agreement change property ownership in Metro Vancouver?

No. The agreement does not transfer ownership of privately owned land. Property titles registered through the British Columbia Land Title Office remain unchanged.

Does this agreement affect homeowners in Coquitlam or Port Moody?

For typical residential real estate transactions, there is no direct impact. Buyers and sellers in cities like Coquitlam, Port Moody, Burnaby, and Vancouver continue to buy and sell property under the existing BC land title system.

Is this agreement a treaty?

No. The Musqueam Rights Recognition Agreement is not a treaty under the Constitution Act, 1982. It is a framework agreement recognizing Musqueam Aboriginal rights and title and establishing a structure for future agreements between Musqueam and the Government of Canada.

Does this agreement give Musqueam ownership of Metro Vancouver land?

No. The agreement does not transfer ownership of privately owned land. It recognizes existing Indigenous rights and creates a framework for future discussions between Musqueam and the Government of Canada.

Could this agreement affect development in the future?

Potentially in certain cases. For projects involving federal jurisdiction such as ports, airports, navigable waterways, or federal Crown land, the duty to consult Musqueam may be strengthened.

What areas are within Musqueam traditional territory?

Musqueam traditional territory includes large portions of what is now Metro Vancouver including Vancouver, Richmond, Burnaby, New Westminster, Coquitlam, and surrounding areas.
Serving homeowners and buyers across Metro Vancouver including Coquitlam, Port Moody, Port Coquitlam, Burnaby and Vancouver.

It is the first question almost every seller asks me. And it is a fair one. What I have noticed over the last year is this: most Port Moody homeowners are genuinely surprised when they find out what their home is worth right now. Not because the number is terrible. But because the market has shifted more than they realize. Values that were accurate in 2022 are not accurate today.
Online estimates are often even further off. Here is the honest picture for 2026.

Current Port Moody Benchmark Prices

January 2026 Snapshot

The MLS Home Price Index benchmark is the most reliable public measure of home values in our market. It reflects the price of a typical home in each category, adjusted for quality and size, removing outliers. Here is where Port Moody sits as of January 2026.

Detached Homes

• Benchmark Price: $1,997,100

• One Year Change: Down 2.6%

• Three Year Change: Up 0.3%

• Five Year Change: Up 25.6%

• Ten Year Change: Up 71.2%

If you bought five years ago, you are still sitting on significant equity. But if you are benchmarking against early 2022 peak pricing, you are using the wrong number. The detached segment has pulled back from those highs.

Townhomes

• Benchmark Price: $982,900

• One Year Change: Down 1.1%

• Three Year Change: Up 0.2%

• Five Year Change: Up 31.3%

• Ten Year Change: Up 111.6%

Townhomes have been the most resilient segment over the past year. A 1.1% year over year decline is the smallest correction across property types in the Tri Cities. Most townhome owners are in a stronger equity position than they expect.

Condos and Apartments

• Benchmark Price: $695,100

• One Year Change: Down 5.3%

• Three Year Change: Up 1.7%

• Five Year Change: Up 19.3%

• Ten Year Change: Up 101.7%

Condos have seen the steepest correction. With 86 active listings and only 14 sales in January 2026, supply pressure is real. If you own a condo and are thinking about selling, pricing must be precise.

Why Online Estimates Are Often Wrong

This comes up in almost every listing conversation. Sellers pull up Zolo or Realtor.ca and walk in with a number that does not reflect reality. These tools are not useless. But they have serious limitations in a shifting market.

1. They Use Stale Data

Automated tools often rely on sales from three to six months ago. In a softening market, that means their baseline is higher than current conditions support. A sale from August 2025 is not a reliable benchmark for March 2026.

2. They Cannot See Inside Your Home

An algorithm does not know:

• You renovated the kitchen in 2023

• You added a legal suite

• You back onto a park

• You have deferred maintenance

• Your strata has a pending special levy

Condition moves value significantly. Algorithms cannot assess that.

3. They Do Not Know Your Street

Port Moody is not uniform.A detached home in Heritage Woods performs differently than one in Moody Centre. A condo near the Evergreen Line attracts a different buyer than one that requires a car for everything.Street-level nuance matters.

4. They Do Not Reflect Current Buyer Behaviour

Buyers in 2026 are cautious and informed. They have leverage. Two similar homes can perform completely differently based on presentation and pricing. That gap is invisible to automated valuations.

What Moves Your Port Moody Home Above or Below Benchmark

The benchmark is only a starting point. Here is what pushes your value up or down.

Factors That Add Value

• Renovated kitchens or bathrooms

• Legal or mortgage helper suite

• Mountain or inlet views

• Backing onto green space

• Corner or end unit with added windows

• Updated furnace, roof, hot water tank

• South or west exposure

• Oversized lot

• Proximity to Evergreen Line stations

• Catchment for Heritage Woods or Gleneagle

Factors That Reduce Value

• Original dated condition

• Busy road exposure

• Strata with special levies

• Awkward floor plan

• Limited natural light

• Visible deferred maintenance

• High strata fees

• Backing onto hydro lines or industrial uses

The difference between a home that sits and one that sells quickly often comes down to how honestly these factors are assessed.

Why So Many Sellers Are Surprised in 2026

Sellers who anchored their value to the 2021 to 2022 peak are often 10 to 15 percent above current market reality. Those peak prices were driven by:

• Historically low interest rates

• Pandemic era urgency

• Aggressive buyer competition

That environment no longer exists. The correction has been gradual but meaningful. Not catastrophic. But real.The sellers who do well in 2026 price to current comparables.
The sellers who struggle anchor to two year old numbers. In this market, that strategy costs both time and money.

How to Get an Accurate Value for Your Home

The only reliable way to determine your Port Moody home value in 2026 is a current comparative market analysis. Here is what we do at Apex Real Estate Group:

1. Pull recent sold data from the last 90 days in your specific neighbourhood

2. Adjust for condition, size, features, and location

3. Analyze active competition buyers are choosing from right now

4. Review days on market trends

5. Provide a realistic pricing range with clear strategy

This takes about an hour.There is no obligation. You walk away with clarity.

Frequently Asked Questions

What is the average home price in Port Moody in 2026?

The composite benchmark price is $1,040,900.
Detached homes: $1,997,100
Townhomes: $982,900
Condos: $695,100These are benchmark prices for typical homes, not simple averages.

Are Port Moody home prices dropping in 2026?

Yes, modestly.

• Detached: Down 2.6% year over year

• Townhomes: Down 1.1%

• Condos: Down 5.3%

The condo segment is seeing the most pressure.

How accurate are online home value estimates?

They are a rough starting point at best. They rely on historical data, cannot assess condition, and lag current buyer behaviour. A local comparative market analysis is always more accurate.

How do I find out what my Port Moody home is specifically worth?

Contact Apex Real Estate Group for a no obligation home evaluation based on current sold data in your area.

Thinking About Selling?

If you are weighing timing, read our related post: Is Now a Good Time to Sell in Port Moody? What the 2026 Data Actually Says. Or book directly here:
apexreg.ca/home-evaluation

Get a Free Home Evaluation

We work with Port Moody sellers every day. We know what buyers are paying.
We know what they are passing on.
And we know how to position your home to compete. Whether you are ready to list or just want to understand your position, you will get a straight answer.
Colin Colpitts
Apex Real Estate Group
Royal LePage Sterling Realty604 561 9558
colin.colpitts@gmail.com
apexreg.ca

Selling a home in Port Moody in 2026 is a different process than it was two or three years ago.Buyers are more selective. Inventory is higher. And the sellers who do well are the ones who treat this like a strategic transaction, not a passive one.This guide walks you through the complete process from the first conversation to closing day, including the one mistake I see sellers make more than any other right now.

The Port Moody Selling Process: Step by Step

Here is the full arc of a typical home sale in Port Moody from start to finish:• Initial consultation and market analysis
• Home preparation and staging
• Professional photography and marketing launch
• MLS listing goes live
• Showings and open houses
• Offer review and negotiation
• Subject removal period
• Closing and possessionIn a typical market this process takes six to ten weeks from the decision to sell to possession day.In the current Port Moody market, budget eight to twelve weeks depending on your property type and how competitive your pricing is at launch.

The Biggest Mistake Port Moody Sellers Make in 2026

The single most common mistake I see right now is listing before the home is ready.In a hot market, buyers overlooked condition issues because they were competing and inventory was scarce. That dynamic no longer exists in Port Moody.Buyers in 2026 have options. They are doing thorough due diligence. And they are walking away from homes that show deferred maintenance, poor presentation, or anything that signals future cost.A home that launches before it is ready accumulates days on market.Days on market signal to buyers that something is wrong, even when nothing is. That perception drives offers lower and shifts leverage toward the buyer.The cost of underpreparing is almost always greater than the cost of taking two to four extra weeks to do it properly.

What Preparation Actually Means

This is not about a full renovation. It is about removing every reason a buyer has to discount their offer.Here is what that looks like:• Deep clean including windows, baseboards, appliances, and storage areas
• Fresh neutral paint where walls are scuffed or dated
• Fix obvious maintenance issues such as leaking faucets or sticking doors
• Declutter every room including closets and garage
• Ensure all light fixtures work and use consistent warm bulbs
• Clean or replace caulking in bathrooms and kitchen
• Power wash driveway and exterior where applicable
• Tidy landscaping and create a strong first impression at the entry
• Remove personal photos so buyers can picture themselves in the spaceNone of this is expensive. But the difference it makes in what buyers are willing to pay is significant.

Pricing Your Port Moody Home Correctly in 2026

Pricing is the most important conversation you will have.As of January 2026:Detached homes benchmark at $1,997,100
Townhomes benchmark at $982,900
Condos benchmark at $695,100These are starting points. Your home will land above or below benchmark based on condition, location, lot size, views, suite income, and many other factors.What matters most is this:Your list price must reflect current sold comparables. Not peak 2022 pricing. Not what you need to net for your next move.Buyers compare your home to everything else available right now. If you are priced above what the data supports, you will sit.And sitting is expensive.

Pricing Strategy Options

1. List at Market Value

Price based on current sold comparables with a small buffer for negotiation. This is the most common and safest approach.

2. List Slightly Below Market

In high inventory segments like condos, pricing just below comparable homes can generate early activity and competitive tension.

3. List at the Top of the Range

This only works if your home has real differentiators such as significant renovation, rare views, suite income, or a highly desirable location.It requires patience and a clear plan if the premium does not materialize.

What Professional Marketing Looks Like in 2026

Most buyers find their home online before they ever book a showing. Your digital presence is your first showing.Professional marketing should include:

Photography

Professional real estate photography. Not a phone. This determines whether buyers book a showing at all.

Video or Virtual Tour

A walkthrough video or Matterport tour is increasingly expected, especially for detached homes and townhomes.

MLS Listing

Your home must be positioned clearly and accurately. Generic descriptions get ignored. Specific value driven descriptions generate interest.

Social Media and Digital Advertising

Targeted paid promotion to buyers actively searching in Port Moody and surrounding areas.

Agent Network

An experienced Port Moody agent brings relationships, buyer pools, and pre launch momentum before the listing even goes live.

Showings, Offers, and Negotiation

Showings

The first two weeks are critical. Buyer interest is highest when a listing is fresh.If you are not getting showings in the first ten days, something needs to change. Usually the price.Your home must remain consistently show ready. Clean. Well lit. Accessible.Difficult showing access costs you buyers.

Offers

Multiple offers are possible for well positioned homes but not guaranteed.Most sellers are negotiating one offer at a time.Every term is negotiable:• Price
• Completion date
• Subject conditions
• Included items

Subject Conditions

Most offers will include financing and inspection subjects. The subject removal period is typically five to seven business days.Be prepared for inspection findings to come back to the negotiating table. This is normal.Good preparation reduces surprises.

What Does It Cost to Sell a Home in Port Moody?

Here is a realistic breakdown.

Real Estate Commission

Negotiated between you and your agent. This is the largest cost and should be discussed clearly upfront.

Legal Fees

Approximately $1,200 to $1,800 for a standard transaction.

Mortgage Payout Costs

Check with your lender for any prepayment penalties before committing to a timeline.

Preparation Costs

Typically $1,000 to $5,000 depending on condition.

Moving Costs

Local moves in Metro Vancouver typically range from $1,500 to $4,000.

Property Tax Adjustment

Adjusted between buyer and seller based on completion date.

Realistic Timeline for 2026

Weeks 1 to 2
Consultation, pricing strategy, preparation begins.Weeks 3 to 4
Photography, listing preparation, pre launch marketing.Week 5
Listing goes live. Showings begin.Weeks 5 to 8
Active selling period. Feedback reviewed. Offer negotiated.Weeks 8 to 10
Subject removal and closing preparation.Closing Day
Keys transfer. Funds received. Transaction complete.

Choosing the Right Agent Matters More in 2026

In 2021 almost any listing sold.In 2026 the difference between a well run listing and a poorly run one shows up in both final price and days on market.Look for:• Active experience specifically in Port Moody
• Recent sold listings in your property type
• A clear marketing plan
• Honest pricing advice
• Strong communication
• Real references from recent sellersThe agent who tells you the highest number to win the listing is not doing you a favour.Overpricing leads to reductions and lower final sale prices.

Frequently Asked Questions

How long does it take to sell in 2026?
Budget eight to twelve weeks from decision to closing.What are the main costs?
Commission, legal fees, mortgage penalties, preparation, and moving expenses.Do I need to stage?
Full staging is not always required. Thorough preparation always is.Best time of year to sell?
March through May is historically strongest. September and October are next. January and February are slowest.How do I find out what my home is worth?
Get a current comparative market analysis based on recent sold data in your neighbourhood.

Ready to Sell Your Port Moody Home?

At Apex Real Estate Group we have helped Port Moody sellers navigate every type of market.We will give you:• An honest assessment
• A clear pricing strategy
• A professional marketing plan
• Straight answers with no pressureThe first step is a conversation.Colin Colpitts
Apex Real Estate Group
Royal LePage Sterling Realty604 561 9558
colin.colpitts@gmail.comStart with a free home evaluation at
apexreg.ca/home-evaluation

If you own a home in Port Moody and have been wondering whether now is the right time to sell, you are not alone. It is the most common question I hear right now.The honest answer is simple:It depends on your property type, your timeline, and how well your listing is positioned.Here is what the numbers show as of January 2026.

Port Moody Market Snapshot

January 2026

The January 2026 GVR statistics are out and they paint a clear picture. Port Moody is currently in buyer's market territory across most property types. However, detached homes, townhomes, and condos are not performing the same way.

Detached Homes

• Benchmark price: $1,997,100

• Year over year change: Down 2.6%

• Six month change: Down 3.2%

• Sales to active listings ratio: 12%

• January 2026 sales: 4

• Active listings: 34

Detached homes are the weakest segment at the moment. Four sales against thirty-four active listings means real competition.That said, the median selling price from sales data still shows $1,898,000, confirming that buyers are paying close to benchmark for well positioned homes.

Townhomes

• Benchmark price: $982,900

• Year over year change: Down 1.1%

• Six month change: Down 3.1%

• Five year appreciation: Up 31.3%

Townhomes are the most resilient segment in Port Moody right now.If you own a townhome and are considering selling, your position is stronger than you might think compared to the broader Tri Cities market.

Condos and Apartments

• Benchmark price: $695,100

• Year over year change: Down 5.3%

• Six month change: Down 4.9%

• January 2026 sales: 14

• Active listings: 86

• Sales to active listings ratio: Approximately 16%

Condos are facing the most inventory pressure. Eighty-six active listings competing for fourteen buyers means sellers must be sharp on pricing and presentation.The 20% threshold is typically needed to create upward price pressure. We are below that.

What This Means If You Are Thinking About Selling

The overall Metro Vancouver sales to active listings ratio in January 2026 is 9.1%. Anything below 12% signals downward pressure on prices.Here is the practical interpretation.

If You Own a Detached Home

You need strategic pricing and strong marketing. Overpriced listings are sitting. Correctly priced homes in good condition are still selling. The spread between asking and selling price is tighter than ever.

If You Own a Townhome

This may be one of the better windows you will have in 2026. Inventory is more contained and year over year depreciation is minimal.

If You Own a Condo

Preparation and pricing matter more than timing. Buyers have options. You need to give them a reason to choose yours.

The Bigger Market Context

Metro Vancouver January 2026 sales came in at 1,107. That is 30.9% below the ten year seasonal average of 1,602.Total active listings across Metro Vancouver are 12,628. That is 38% above the ten year average.This is not a panic market. It is a slow market by historical standards.Interest rates, political uncertainty, and affordability concerns are keeping buyers cautious. The market appears to be settling into a new normal.For Port Moody sellers, that likely means 2026 looks similar to 2025.Prices are not expected to surge. They are also not expected to collapse.Homes that are priced right and positioned well are moving. Homes that are not are accumulating days on market.

What a Strong Selling Strategy Looks Like in 2026

This is where most sellers make mistakes.They treat a softer market the same as a hot market, just with lower expectations. That does not work.In a competitive inventory environment, strategy is everything.

1. Pricing to the Market

Buyers in 2026 are informed. If your home is priced above current sold comparables, they will move on.A properly priced home creates urgency.
An overpriced home creates doubt.

2. Presentation

Professional photography. Clean staging. Pre-inspection where appropriate.When eighty-six condos compete for fourteen buyers, your listing must earn attention immediately.

3. Timing

March through May is historically the strongest selling window in the Tri-Cities.If you are considering selling in 2026, now is the time to prepare. When inventory increases in spring, you want to be positioned, not reacting.

4. Negotiation

Buyers currently have leverage. Sellers who enter the process with a clear bottom line close deals.Sellers who are emotionally attached to a number risk watching their listing expire.

If You Are Not Selling Right Now

Port Moody as a Long Term Hold

Even in a softer cycle, Port Moody fundamentals remain strong.

• Detached homes up 71.2% over ten years

• Townhomes up 111.6% over ten years

• Condos up 101.7% over ten years

This is not structural decline. It is a normal correction after the 2020 to 2022 surge.The Evergreen Extension, Rocky Point Park, Brewery Row, and proximity to Vancouver and Port Coquitlam continue to make Port Moody one of the most desirable communities in the Lower Mainland.Buyers know this. They are simply being selective.

Frequently Asked Questions

Is now a good time to sell in Port Moody in 2026?

It depends on the property type. Townhome sellers are currently in the strongest position. Detached and condo sellers require precise pricing and strong presentation. If the timeline allows, spring 2026 is historically the strongest window.

What is the benchmark price in Port Moody?

As of January 2026:

• Detached: $1,997,100

• Townhomes: $982,900

• Condos: $695,100

• Composite benchmark: $1,040,900

Will Port Moody prices rise in 2026?

Forecasts suggest relatively stable pricing year over year. A significant rebound is unlikely without stronger demand.

How do I know what my home is worth?

Only a current comparable market analysis using recent sold data in your specific neighbourhood will give an accurate answer. Online estimates are rarely precise in this type of market.

Ready to Find Out What Your Port Moody Home Is Worth?

At Apex Real Estate Group, we work with Port Moody sellers every day. We understand the neighbourhoods, the buyer pool, and what it takes to position a listing correctly in this market.Whether you are ready to list or simply exploring options, we will give you a straight answer on where you stand.Colin Colpitts
Apex Real Estate Group
Royal LePage Sterling RealtyPhone 6045619558
Email colin.colpitts@gmail.com
Website apexreg.ca