Metro Vancouver office market report
Year-end 2022
Interest rate hikes and economic slowdown increases pressure on Metro Vancouver’s office market stakeholders
In a monumental year for changes in working arrangements and demands for office space, 2022 saw the largest proportion of sublease deals (as a percentage of total deals) completed in Downtown Vancouver in the last four years. Total sublease deals in 2022 within Downtown Vancouver equaled 34, representing 27.6% of total deals completed. This is an increase of 112.5% compared with 2019.Vacancy
Sublease
New supply
Your source for the latest Vancouver office market reports
Get in-depth office market reports and insights from commercial real estate experts in the Greater British Columbia area. Avison Young advisors look at Vancouver commercial real estate activities and the latest Vancouver statistics to provide you expert market research on Vancouver's office properties.
Explore different topics like the latest office market pricing trends and analysis of Vancouver's current office real estate market conditions. Gain a better understanding of Vancouver’s office real estate outlook and stay ahead of current office space trends. Make smart decisions when it comes to investing in office properties in Vancouver's competitive office real estate market. Avison Young is your trusted source for commercial real estate office market insights in Vancouver.
The dashboard was delivered through AVANT by Avison Young: leveraging real-time data and analytics to make cities and location-based decisions more transparent and efficient. Learn more about AVANT.