Office market reaches equilibrium as vacancy and availability remain largely unchanged on the quarter while absorption was slightly positive.
Insight
Canada Office Market Dynamics - Q2, 2025
So far, the battle between back to the office mandates and tariff related economic uncertainty has resulted in a draw. Vacancy increased 10 basis points while availability declined 10 basis points. Meanwhile absorption witnessed as shift into positive territory at 111,359 s.f.
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Calgary office insight
Summary and analysis of Calgary's current economic and office real estate market conditions.
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Montreal office insight
Summary and analysis of Montreal's current economic and office real estate market conditions.
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Southwest Ontario office insight
Summary and analysis of Southwest Ontario's current economic and office real estate market conditions.
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Vancouver office insight
Summary and analysis of Vancouver's current economic and office real estate market conditions.
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Toronto office insight
Summary and analysis of Toronto's current economic and office real estate market conditions.
Edmonton office insight
Summary and analysis of Edmonton's current economic and office real estate market conditions.
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Ottawa office insight
Summary and analysis of Ottawa's current economic and office real estate market conditions.