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 Aquilini Investment Group (AIG) has recruited Vancouver’s former top cop onto its executive team. 

Read Article

As the Vancouver real estate market reaches new heights, TD economists warn the city’s house prices are due for an imminent price correction. 

Read Article

“Good news” allows rent to be counted as income 

Read Article

Entire Metro Vancouver inventory could be gone within four years, analysts warn

Read Article

Subscribe to our mailing lists

* indicates required

Newsletters

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