Metro Vancouver’s apartment building sales drop in tight rental market By Peter Mitham | January 22, 2020 Vacancies flat According to Simon Fraser University associate professor Josh Gordon, the biggest driver of rental vacancies in a given market is economic activity. “The low vacancy rate is a product of a high economy – nothing more, nothing less,” he said last fall ...

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Home sales decline below long-term averages in 2019 despite increased demand to end the year The Metro Vancouver housing market experienced below average sales activity and moderate price declines in 2019.   The Real Estate Board of Greater Vancouver (REBGV) reports that sales of detached, attached and apartment homes reached 25,351 in 2019, a three per cent increase from the 24,619 sales ...

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