Vancouver’s commercial real estate hits five-year high

Greater Vancouver’s commercial real estate market enjoyed its busiest period for five years in the second quarter of 2015.

A report from Re/Max shows that there were 591 sales in the quarter and a total of 1,111 in the first half of 2015, compared with 974 in the first half of 2014.

While many areas have seen a slowdown for the commercial sector, the report says that investor confidence is strong in the Vancouver area and land continues to be in high demand. 

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