February 15, 2019
2018 Year In Review
Insights you might also like...
Downtown office boom fueling residential demand?
Our very own teammate, Andre Alie Day, was recently featured in an urbanYVR interview with Shawn Brown, a Vancouver residential broker at West Haven Group. The two discussed downtown Vancouver’s current office tower boom and how it could affect residential real estate prices in Downtown Vancouver.
Vancouver Office MarketView Q2 2021
Vacancy rates for all classes of office product in Metro Vancouver increased 60 basis points (bps) to 6.9% in Q2 2021.
Vancouver Office MarketView Q3 2021
Vacancy rates for all classes of office product in Metro Vancouver increased 50 basis points to 7.4% in Q3 2021. Over 600,000 sq. ft. of new office inventory introduced this quarter contributed to the increase of vacancy in the market.
Vancouver Office MarketView Q4 2019
The Metro Vancouver office market finished 2019 with a record low vacancy rate of 3.7%, a 10 basis point (bps) decrease quarter-over-quarter and 190 bps year-over-year.
