The Lower Mainland’s commercial real estate market hit a five-year high in 2014 in terms of the number and value of sales within the year.
Conditions within the Metro Vancouver* housing market continued to strengthen in February as home sale and listing totals came in well above the region’s ten-year average for the month.
The first month of 2015 saw home sale activity above historical norms, while the number of homes listed for sale trended below typical levels.
It was a typical year for the Metro Vancouver housing market in certain respects.
The third quarter of 2014 was the least active of the year so far in the Lower Mainland’s commercial real estate market.