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Oct 29, 2021 10:21 PM - The Canadian Press

Sales of commercial properties between April and June stronger than any time since 2017: GVREB

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The Greater Vancouver Real Estate Board says sales of commercial properties were stronger between April and June than at any time since 2017. (Photo - Real Estate Board of Greater Vancouver/Twitter)

The Greater Vancouver Real Estate Board says sales of commercial properties were stronger between April and June than at any time since 2017.

A statement from the board says land sales were particularly healthy.

It says that shows ``investors are demonstrating confidence in new development potential in the region.''

The board says the total dollar value from the sale of 726 commercial properties during the second quarter was just over 3.6-billion dollars, a 130 per cent leap over the roughly 1.6-billion recorded in the same period last year.

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