Residential Land Down In Q1-2018

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While commercial real estate sales gradually slowed in the Greater Vancouver area throughout 2018, they dropped precipitiously in nearly all asset classes in Q1-2019.

One of the worst hit was Residential Land. The quarter saw only 75 transactions, down 55% from Q1-2018’s 167. And volume sales took an even steeper dive – down 75% from one year ago. While all communities were down significantly, the biggest drops were in Tri-Cities (89%), Vancouver (83%), Burnaby (82%) and North Vancouver (72%).

For detailed information about Residential Land sales in each of Greater Vancouver's main communities, check out Klein Commercial's in-depth, Residential Land Report, as well as our other Commercial Market Reports, at

Asset Class
Greater Vancouver
August 23, 2019
Klein Commercial
Acquisition & Disposition, Real Estate Management, Property Appraisal & Tax Services, Asset Advisory Services, Research Services

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