Metro Vancouver apartment building sales on par with 2011

Sun, Jul 29, 2012

Vancouver Real Estate

Metro Vancouver apartment building sales are on par with last year, although values have soared in the central city, according to a recently released report. “They [buyers] are buying tired buildings that haven’t been kept up and then spending a lot of money on renovating them,” said apartment broker David Goodman, co-owner of HQ Commercial Real Estate Services and author of the Goodman Report, a Metro Vancouver apartment building market review.

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