June 2023

Lower Mainland's commercial real estate market down in the first quarter of 2023

Posted on Jun 29, 2023

Commercial real estate sales and dollar volumes had a slow start to 2023, with year-over-year declines across all property types.

There were 273 commercial real estate sales in the Lower Mainland in Q1 2023, a 58.1 per cent decrease from 651 sales in Q1 2022, according to data from Commercial Edge, a commercial real estate system operated by the Re...

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