New Westminster is one of 3 satellite cities around Vancouver that make up the ‘Tri-Cities’ area, along with Burnaby and Coquitlam. This original capital of BC has seen stratospheric increases in property values in the same way the entire Tri-Cities area has, and that’s in large part due to people redirecting their home-buying focus eastwards because of well-understood affordability issues in Vancouver. Extensive rezoning for condominium and townhome development is where New Westminster real estate is going these days, and these type of homes on the market are much more affordable in comparison to detached homes. There’s no debate that summer weather in the Lower Mainland is arguably the best in all of Canada