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Vancouver multifamily property sales bounce back

After dipping in the first half of the year, sales activity has bounced back, and prospects for additional rate cuts bode well for future sales
Fabric Living Development's sale of an 81-unit multifamily complex nearing completion in East Vancouver to Provincial Rental Housing Corp. for $50.6 million was a major contributor to the stronger investment sales volume expected to continue in the second half of this year. (Justin Eckersall/CoStar)
Fabric Living Development's sale of an 81-unit multifamily complex nearing completion in East Vancouver to Provincial Rental Housing Corp. for $50.6 million was a major contributor to the stronger investment sales volume expected to continue in the second half of this year. (Justin Eckersall/CoStar)
CoStar Analytics
September 19, 2025 | 5:09 P.M.

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Investment activity in Vancouver’s multifamily market was down 30% in the opening half of 2025 compared to the second half of 2024. The elevated level of uncertainty at the start of the year appears to have had an unsettling effect on multifamily investors.

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News | Vancouver multifamily property sales bounce back