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Research

National Industrial Dashboard Q2 2017

National Industrial Dashboard Q2 2017

National Industrial Dashboard Q2 2017

This is the National Dashboard of Canada’s six major industrial markets for the second quarter of 2017.

  • Over 88% of the national industrial inventory resides within the top 6 markets, which hold an average vacancy rate is under 4.5%.
  • Metro Vancouver has the lowest vacancy rate  at 1.9%, down from Q1’s rate of 2.2%.
  • Calgary’s industrial market experienced its third consecutive quarter of positive demand, which has resulted in declining vacancy.
  • Toronto is the largest industrial market in the country, representing nearly half of the inventory in Canada.
  • Rental rates across all markets are either increasing or remain stable. This is a product of declining supply and increasing occupier demand.

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