- The Halifax office market is anticipated to show further improvement from the hit taken due to the pandemic and the work from home trend adopted during the pandemic. This resiliency was evident in the anticipated slight decline in overall vacancy to 14.2% from the reported 14.5% vacancy in Q1.
- Another notable finding in the office market is the increase in office sublease space. Office space available for sublease increased marginally, now making up 4.7% of the total vacant square footage in Q2.
