Retail property trades in the Vancouver region exceeded $950 million in transaction volume in the second quarter of 2024. Nearly a third of this recent sales volume has been categorized as short- to mid-term land plays in which the property sold for land value, while the remaining $640 million includes trades of existing retail properties that aren’t likely to see a shovel any time soon.
CoStar Insight
Trades of Vancouver Retail Properties Spike in the Second Quarter
Increased Optimism Among Retail Investors, Changes to the Capital Gains Inclusion Rate Lead to Near-Record Sales Volume
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In