New Coquitlam townhouse project taps into shift away from small condos (opens original article in a new tab)

A Coquitlam townhouse project reflects a market shift from small condos to family-friendly ground-level housing as developers adapt to changing buyer preferences and inventory challenges.

• Developers are shifting focus from small condos to townhouses for families
• Market demand shows preference for ground-level living with more space and outdoor areas
• Unabsorbed condo units in Metro Vancouver reached an all-time high of 4,376 as of May 2026
• Real estate companies are investing in rental townhouse projects in suburbs with lower land costs