Commercial Market Update (Feb 2017) – Richmond Cityscope

The latest research from Richmond Cityscope shows property sales have increased in the past three months. Sales recorded in the quarter ending February 2017 totalled $109.5 million, an increase both from the $57.2 million recorded in the three months to November 2016 and the $96.5 million recorded to August 2016. This data brings the 12-month total to $310.8 million, an increase from the $202.6 million recorded for the same time last year.

The table below shows sales recorded for the past…