Office demand is on the come-up in Halifax as market confidence builds.
- After a challenging year for the Halifax office market, the vacancy rate slightly decreased for the second quarter of 2021. A sign that normalcy may be returning to the market as COVID-19 restrictions lift and the Atlantic provinces quickly approach a 70% vaccination rate.
- Although the Maritimes did not see a dramatic shift to work from home during the pandemic, vacancy rates did decrease, and landlords remain competitive to attract tenants.
