Metro Vancouver commercial real estate market activity slows

Metro Vancouver commercial real estate transactions fell 13% in 2012’s third quarter compared with the previous quarter, although prices remained stable, RealNet Canada announced November ...

Metro Vancouver commercial real estate transactions fell 13% in 2012’s third quarter compared with the previous quarter, although prices remained stable, RealNet Canada announced November 21.

The real estate research firm counted 315 transactions totalling more than $1 million, and a total overall transaction volume of $1.209 billion.

The third quarter was the sixth consecutive quarter of more than 300 transactions and $1 billion in value, according to RealNet Canada’s national research manager Paul Richter.

It was also the seventh consecutive quarter in which there has been at least four transactions priced above the $25 million threshold.

gkorstrom@biv.com

@GlenKorstrom 

comments powered by Disqus

Also Read

More From Real Estate

The sale could end up being one of B.C.'s biggest commercial real estate deals in 2015

Read Article

When the Aquilini Investment Group successfully trumped other bidders for 670 acres of vineyard land in Washington state in November 2013, there was a lot ...

Read Article

Interest-rate-sensitive real estate investment trusts outpacing Toronto Stock Exchange

Read Article

Area was first built out with 560,000 square feet of office space and 68,000 square feet of retail space

Read Article

Tyler Orton on New Westminster's tallest office tower, Anvil Centre, which sits empty

Read Article

Subscribe to our mailing lists

* indicates required

Newsletters

* You can modify your newsletter subscriptions at the bottom of any newsletter you receive.
×