Tri-Cities Weekly Update | 11/24-11/30

Welcome to your weekly Tri-Cities roundup! From holiday kick-off events and neighbourhood highlights to key planning updates and the latest real-estate trends, here’s what’s happening in Coquitlam, Port Coquitlam and Port Moody this week.

🎉 Community Events 

Holiday Cheer at the Pier — Port Moody
Date: Saturday, Nov 29
Location: Rocky Point Park
Details: Free family-friendly event to begin the holiday season — lights, music, hot drinks, scenic waterfront setting. 

Christmas in the Square — Port Coquitlam
Date: Saturday, Nov 29 (10 am-6 pm)
Location: PoCo Town Centre
Details: Holiday market, lights, community gathering; great for families, gift shopping, local vendors. 

📰 Local News + Openings

• Port Moody OCP Update: Council approved moving the city’s Official Community Plan into public hearing phase. The plan outlines long-term growth, land use, and housing policy for the next 25 years. 

• Coquitlam Industrial / Business Growth: A newly completed industrial strata development in Eagle Ridge is positioned to fuel local business growth across the Tri-Cities region. 

• Housing & Infrastructure Focus: The Tri‑Cities Chamber of Commerce recent event underscored housing supply, transit infrastructure, and business support as key regional priorities. 

🏘️ Tri-Cities Real Estate Snapshot

Here’s your quick look at the market:

• Coquitlam & Port Coquitlam: Prices continue to show month-over-month declines in the HPI benchmark, suggesting increased buyer opportunities and potential negotiation room.

• Port Moody: A slight month-over-month increase in benchmark pricing bucks the regional trend — indicating stronger demand or fewer homes for sale.
  For first-time buyers and downsizers, the relative softness in Coquitlam/PoCo may create favourable entry points. Meanwhile, Port Moody remains competitive — who moves quickly may benefit.

🌲 Neighbourhood Spotlight

This week: Rocky Point Park (Port Moody)

• Known for: Waterfront trails, the pier, scenic views of Burrard Inlet, and being a top community gathering spot.

• Ideal for: Families, dog owners, walkers, buyers wanting a high-amenity location near transit and nature.

• Nearby Housing: Mix of condo/townhome developments, many within walking distance of the pier and parks — well suited for downsizers or urban-nature lifestyle.

• Lifestyle Perks: Free waterfront access, trails, holiday event this week (see above), and proximity to Moody Centre SkyTrain for commuters.

☕ Local Business Highlight

Featured Business: Coquitlam Industrial Strata Hub (Eagle Ridge)

• Offering: Newly completed light-industrial / strata business space across the Tri-Cities region — supports local entrepreneurs, manufacturing, and owner-operators in a growing area. 

• Why Locals Love It: It brings local jobs, affordable business space for small-business owners, and helps diversify the region beyond residential.

• FYI: A strong indicator of regional economic health which indirectly supports housing demand through employment growth.