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Vancouver’s multifamily investment market finding its way toward a new equilibrium

Increased supply, moderating rent growth, and lower pricing reshape investment activity
A section of multifamily buildings in the Marpole neighbourhood of Vancouver, including a 21-unit apartment building at 8741 Montcalm St. that traded in August. (CoStar)
A section of multifamily buildings in the Marpole neighbourhood of Vancouver, including a 21-unit apartment building at 8741 Montcalm St. that traded in August. (CoStar)
CoStar Analytics
September 16, 2026 | 12:33 P.M.

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Vancouver’s multifamily investment market was active through the first half of 2026, though transaction pricing and overall sales volume reflected a more cautious investment environment.

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