Demand for commercial real estate remained robust across all major categories in the Lower Mainland in the second quarter (Q2) of 2016, according to data from Commercial Edge, a commercial real estate system operated by the Real Estate Board of Greater Vancouver (REBGV). A record 804 commercial real estate sales were registered in the Lower Mainland in Q2 2016. This represents a 30.9 per cent increase over the 614 sales in Q2 2015, and is Read More...
Commercial real estate sales in the Lower Mainland outpaced historical averages in the first quarter (Q1) of 2016, according to data from Commercial Edge, a commercial real estate system operated by the Real Estate Board of Greater Vancouver (REBGV). There were 660 commercial real estate sales in the Lower Mainland in Q1 2016. This is a 26 per cent increase over the 524 sales in Q1 2015, and represents the most active quarter for commercial Read More...
A strong fourth quarter closed 2015 as a record-breaking year in commercial real estate sales in the Lower Mainland. There were a total of 2,307 commercial real estate sales in the Lower Mainland in 2015. This is a 16.2 per cent increase over the 1,985 sales in 2014, which was the previous five-year record holder. Commercial real estate sales in 2015 were 15.3 per cent above the region’s five-year sales average. The total dollar value Read More...
Commercial sales in the Lower Mainland registered a five-year third-quarter high between July and September of 2015 thanks to increased demand for land and office and retail properties, according to data from Commercial Edge, a commercial real estate system operated by the Real Estate Board of Greater Vancouver (REBGV). There were 550 commercial real estate sales in the Lower Mainland in the third quarter (Q3) 2015. This is a 16.8 per cent increase compared to Read More...
A record number of office and retail sales kept the Lower Mainland’s commercial real estate market trending above long-termaverages in the second quarter of 2015, according to data from Commercial Edge, a commercial real estate system operated by the Real Estate Board of Greater Vancouver (REBGV). The total dollar value of commercial sales in the region was $1.9 billion in the second quarter (Q2) of 2015, a 41.2 per cent increase from Q2 2014. There Read More...
An increase in raw land sales helped boost commercial real estate totals across the Lower Mainland in the first quarter of 2015, according to data from Commercial Edge, a commercial real estate system operated by the Real Estate Board of Greater Vancouver (REBGV). The total dollar value of commercial sales in the region reached $1.5 billion in the first quarter (Q1) of 2015, a 7.6 per cent increase from Q1 2014. There were 505 commercial Read More...
The Lower Mainland’s commercial real estate market hit a five-year high in 2014 in terms of the number and value of sales within the year. There were 1,963 commercial real estate sales in the Lower Mainland in 2014. This is 7.3 per cent above the 1,829 sales in 2013, virtually unchanged from the 1,950 sales recorded in 2012, and 1.1 per cent above the 1,941 sales recorded in 2011. Commercial real estate sales in 2014 Read More...
The third quarter of 2014 was the least active of the year so far in the Lower Mainland’s commercial real estate market. This is according to data from Commercial Edge, a commercial real estate system operated by the Real Estate Board of Greater Vancouver (REBGV). The total dollar value of commercial sales in the region was $1.2 billion in the third quarter (Q3) of 2014, a 30.4 per cent decline from Q3 2013. This is the Read More...
An increase in the number of land sales in the Lower Mainland helped nudge commercial real estate sales for the first half of the year above 2013 totals, according to data from Commercial Edge, a commercial real estate system operated by the Real Estate Board of Greater Vancouver (REBGV). Over the first two quarters of 2014, there were 887 commercial real estate sales in the region, a 4.5 per cent increase from the same period Read More...
An upswing in vacant land transactions helped the commercial real market maintain a steady pace in line with historical activity in the Lower Mainland, according to data from Commercial Edge, a commercial real estate system operated by the Real Estate Board of Greater Vancouver (REBGV). The total dollar value of commercial sales in the region was $1.4 billion in the first quarter (Q1) of 2014, a 45.5 per cent increase from Q1 2013. This is Read More...