The commercial market across the Lower Mainland remains in a period of adjustment. While borrowing costs eased in 2025, both transaction volume and dollar value declined, signalling continued caution among investors.
In our latest commercial real estate forecast, we expect 2026 to bring another year of uneven activity, shaped by interest rates, supply pressures, and global uncertainty.
Read our 2026 commercial real estate forecast to find out more!
Note: Due to the nature of commercial real estate transactions, our statistics typically lag by one quarter. That means our 2025 numbers were not final until the end of Q1, 2026. This report was published as soon as we were able to analyze the final numbers from 2025.