Sales of Commercial Real Estate in Vancouver hit close to $2 billion.
Sales of commercial real estate in Vancouver hit close to $2 billion in 2010. A new record. Yes, a large portion of that amount came from Asia but according to the article in the Vancouver Sun posted on my facebook recently, there was a large content of European buyers as well. What this says to me is that although local Vancouverites might worry about prices being high and contemplate whether prices will fall or collapse, it's clear to the rest of the world. Vancouver is the place to put their money.