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Multi-Family Investment Market in BC Begins to Stabilize as Prices Slowly Return to Normal Levels

Author: admin / Category: BC Real Estate

British Columbia's multi-family investment market is starting to stabilize as investor confidence grows and prices return to levels seen 18 months ago, according to Avison Young's Q2 2009 BC Multi-Family Investment Report, released today.”The market stumbled through the latter part of 2008 and the beginning of 2009 with barely enough sales to indicate new realistic market pricing,” comments Avison Young Principal Rob Greer. “Now, that seems to have completely changed. The market is currently very active with a sense of renewed confidence on the part of investors.”

via AVISON YOUNG CANADA INC. | British Columbia’s multi-family investment market begins to stabilize as prices slowly return to normal levels.

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