vacancy rates

National office vacancy rate continues to climb in Q2

Canadian Property Management

National office vacancy rate continues to climb

The national office vacancy rate surpassed 18 per cent in the second quarter of 2023, the highest level recorded since 1994. However, the pace of negative absorption was slower than last winter and fall.
Yardi multifamily report

Canadian Apartment Magazine

Canada’s sizzling hot apartment market

Apartment owners in Canada are reaping the rewards of a favourable supply-demand equation, according to Yardi's Q2-2023 multifamily report.
More setbacks for downtown Class B office in Q3

Canadian Property Management

More setbacks for downtown Class B office in Q3

The average national vacancy rate for downtown Class B office space hit an all-time high in Q3 2022, while the Class A vacancy rate dipped downward in seven of 10 markets CBRE Canada surveys.
average asking rents

Canadian Apartment Magazine

Average rent in Canada rises for 2nd straight month   

Average rent in Canada increased for the second month in a row, after six straight months of decline, according to the June National Rent Report. 

Canadian Property Management

Bull market to continue in Canadian commercial real estate: report

Industrial vacancy is expected to edge lower in 2019, according to Avison Young’s 2019 North America, Europe and Asia Forecast.
industrial market

REMI Network

Industrial market shows regional disparity: Q1

Canada’s two-billion-square-foot industrial market continued to experience robust demand in Q1 2017.
Calgary and Toronto office markets

Canadian Property Management

Calgary and Toronto office markets see-saw

Positive absorption in Toronto roughly matched the 1.3 million square feet of space vacated in Calgary's office market during the first half of 2016.
calgary permits

Canadian Property Management

Calgary hardest hit among energy sector hubs

The hub cities are prominent bases for energy company headquarters and affiliated service providers — employing executive, professional and administrative staff, and ultimately reflecting the vitality of extraction and production activities located elsewhere.
Ottawa

Canadian Apartment Magazine

Ottawa is Canada’s hottest rental market: Colliers

According to the 2014 Multi-Family Real Estate Report from Colliers International, the total number of sales transactions in Ottawa’s multi-family sector grew 61.54 per cent last year, making it one of the most attractive rental markets in Canada. At the same time, the total dollar value of multi-family asset transactions rose 33 per cent, year-over-year.
rental housing industry

Canadian Apartment Magazine

Windsor has cheapest bachelor rents: Rentseeker

According to a recent infographic from Rentseeker, the cheapest major city in Canada in which to rent a bachelor apartment is Windsor, Ont. ($518). The infographic, which is based on data from the Canada Mortgage and Housing Corporation (CMHC), illustrates the average pricing and vacancy rates of rental apartments in cities across Canada.

Canadian Apartment Magazine

Vancouver apartment demand persists: report

According to the Goodman report: 2014 Greater Vancouver Rental Apartment Review, the Greater Vancouver area experienced a record-breaking $778-million in apartment transactions in 2014, up 33 per cent from the previous year. The average price per suite also increased, year-over-year, to $237,000.

Canadian Property Management

Vacancies pending as Target departs Canada

Target will vacate 133 retail stores, plus industrial and office space after announcing the termination of its Canadian operations.
rental housing industry

Canadian Apartment Magazine

Purpose-built rental vacancies up in 2014: CMHC

According to the Canada Mortgage and Housing Corporation (CMHC), Canada’s purpose-built rental apartment vacancy rate increased, year-over-year, in October 2014. The CMHC’s Rental Market Survey, released Dec. 16, indicated that the average Canadian rental vacancy rate rose to 2.8 per cent. Inventories and average rents also rose over the course of the year.

Canadian Facility Management & Design

Canada’s office vacancy rates rise in 2014: report

Corporate real estate advisor and brokerage Newmark Knight Frank Devencore recently released a Real Estate Market Study, noting that office vacancy rates in the downtown areas of many major Canadian cities have increased, year-over-year. Over the last 12 months, Class “A” and “B” office vacancy rates have increased, Canada-wide, from 4.9 per cent to six per cent.