April 2020

April 1, 2020 Commercial real estate activity remains below the pace of recent years

Posted on Apr 16, 2020

April 1, 2020

Sales and dollar value activity in the Lower Mainland’s commercial real estate market declined in 2019 compared to long-term historical averages.

There were 1,538 commercial real estate sales in the Lower Mainland in 2019, a 32.8 per cent decrease from the 2,288 sales in 2018 and a 41.5 per cent decline compared to the 2,628 sales in 20...

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Home buyers and sellers adjust their activities in March amid challenging circumstances

Posted on Apr 01, 2020

April 2, 2020

Metro Vancouver’s* housing market saw steady home buyer demand to begin March and a levelling off of activity as the month went on and concerns about the COVID-19 outbreak intensified.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,524 in March 2020, a 46.1 per cent increa...

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