Despite economic uncertainty in recent years, Vancouver’s commercial real estate market is showing signs of cautious optimism. The city’s resilience, lower vacancy rates, and the sale of several major buildings signal a market poised for recovery.
CoStar Insight
Vancouver’s commercial real estate market awaits recovery heading into 2026
Lower vacancy rates, property trades indicate initial green shoots
By Paul Richter
CoStar AnalyticsJanuary 8, 2026 | 1:37 P.M.
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IN THIS ARTICLE
- Properties
- MNP Tower
1021 Hastings St, Vancouver, BC
- Guinness Tower
1055 Hastings St, Vancouver, BC
- The Stack
1133 Melville St, Vancouver, BC