Canada Office
Outlook - Q1 2019

The first quarter sets a positive tone for the year

May 06, 2019

The positive momentum continued across the national office market during the first three months of the year. The combination of strong occupier demand and modest construction completions resulted in the total vacancy rate tightening for a fifth consecutive quarter to 10.7 percent. That is down 40 basis points quarter-over-quarter and 140 basis points year-over-year. 

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