Demand for retail space in Metro Vancouver stays strong, but economic factors may curb future growth.

A report by CBRE Ltd. indicates that while demand for retail space in Metro Vancouver remains strong, driven by anchor tenants, apparel, and quick-service restaurants, slower housing construction and a lagging economy could limit future retail supply. Despite low vacancy rates, retailers face tighter consumer spending. The report suggests retail could offer a "defensive" investment strategy, with opportunities in redevelopment and suburban areas.