The Greater Vancouver apartment market continued its trend as a premiere asset class as witnessed in our year-end Apartment Source.
An unstable debt market coupled with the threat of further municipal and provincial regulations created uncertainty in the Vancouver apartment market in 2018. Last year recorded the fewest amount of transactions since 2013, and a 41% decrease from the peak of 169 buildings in 2015.Total sales volume increased by a marginal 6.00% from 2017 while compression of capitalization rates slowed tremendously. This translated into a minor increased in per-unit values for most markets.
In this edition, we highlight these trends and our team’s 2018 Top Apartment Sales Transactions.
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