Vancouver Office Market Report Q1 2019

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The Metro Vancouver office market continues to see downward pressure on vacancy rates while we await the completion of new supply. 
  • Since the 2015 build cycle, the overall Metro Vancouver vacancy rate has dropped from 10.4% in Q4 2015 to 3.8% in Q1 2019. 
  • Total absorption in Metro Vancouver between Q4 2015 and Q1 2019 was over 4.5 million square feet. 
  • The downtown core accounts for 38.8% of that absorption at 1.78 million square feet.

Colliers Vancouver Office Market Report Q1 2019

Vancouver Office Market Report Q1 2019

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