New Westminster Townhouses to $2M by 2031—Beating Vancouver by 11 Years: The Entry-Price Math Changing Where to Buy
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Zoocasa's latest analysis of 16 Metro Vancouver and Sea-to-Sky markets reveals a surprising acceleration timeline for townhouse values. Based on compound annual growth rates from May 2016 to May 2026, the brokerage projects New Westminster townhouses—currently averaging $1,283,600 after climbing from $534,500 a decade ago—will hit the $2 million mark by 2031, just five years away. Maple Ridge and Coquitlam follow closely behind at roughly ten years to reach the same threshold, with Port Coquitlam, Port Moody, Burnaby South, and Pitt Meadows trailing at eleven years. The analysis comes with the standard caveat that historical performance does not guarantee future results, yet the data reveals a clear pattern: suburban markets with lower 2016 entry points are outpacing established luxury corridors in percentage growth.

