October 5, 2018
Vancouver Office MarketView Q2 2018


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Metro Vancouver’s vacancy rate increased for the third quarter in a row, growing 60 basis points (bps) to 8.4%, and presently stands 60 bps above the 10-year historical average of 7.8%.
For the first time in four quarters Metro Vancouver’s office vacancy rate experienced an increase, growing 30 basis points (bps) quarter-over-quarter to 6.6%.
BC’s robust economy was again one of the strongest performers across the country.
Autonomous vehicles (AVs) may have the greatest impact on U.S real estate markets since the mass adoption of the car and expansion of the federal highway system in the 1950s.
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