This is the National Dashboard of Canada’s six major office markets for the second quarter of 2017.
- Nearly 90% of the office inventory is within the top six major markets.
- Downtown office vacancy trends are disparate across the country, with Toronto at 4.5% and Calgary at 27.2%.
- The Greater Toronto Area (GTA) saw the addition of nearly 1-million square feet in Q2 2017.
- Vancouver’s vacancy rate dropped to 6.3%, marking the lowest vacancy rate Metro Vancouver has seen since Q1 of 2009 when it was 5.7%.
( PDF Document 333 KB )