April 2023

Sales and dollar volumes in the Lower Mainland's commercial real estate market hold steady in 2022 despite higher borrowing costs

Posted on Apr 03, 2023

Sales activity and dollar volumes in the Lower Mainland’s commercial real estate market held steady in 2022, despite the challenging headwinds brought about by the highest borrowing costs seen in over ten years. There were 2,116 commercial real estate sales in the Lower Mainland in 2022, a 22.9 per cent decrease from 2,743 sales in 2021, according...

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