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%. Suburban market
Serving the Metro Vancouver, British Columbia Area
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Vancouver
1021 West Hastings Street,
Suite 2500
Vancouver,
British Columbia
V6E 0C3
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Home to a vibrant tech scene, a major logistics hub and a bustling film & tv industry, Vancouver’s commercial real estate market is a global leader in everything from dynamic office spaces to cutting-edge industrial property. CBRE is proud to serve Vancouver, as Canada’s leading commercial real estate services firm.
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Research Reports
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‒Demand from manufacturing and distribution sectors served as undercurrents, causing vacancy rates in Metro Vancouver to fall 10 basis points (bps) quarter-over-quarter to 0.5% in
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Mall vacancies throughout Metro Vancouver held steady, decreasing by 10 basis points from 5.6% seen in H2 2020, now at 5.5%. The overall Downtown Vancouver vacancy rate recorded
2022
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2022 Canadian Real Estate Market Outlook
The outlook for real estate in 2022 is positive and expectations remain high for a year of healthy returns
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