Office vacancy rates in some of Canada’s biggest cities are set to be among the lowest in the Americas within the next two years as demand makes the markets among the fastest-growing.
Cushman & Wakefield says that Toronto will have the lowest vacancy rate at 3.9%; Vancouver will be at 6.3%; Ottawa at 7.3%: and Winnipeg 7.4%. The only US city in the list is Orlando at 7.2%.
Toronto will lead four Canadian markets as one of the top 10 fastest-growing office markets in the Americas at 6.6%. The others are Winnipeg (6.4%), Edmonton (4%) and Vancouver (3.7%).
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- Jackie Goodlet, Broker
- GTA, Ontario, Canada
- Experienced Realtor (2012, 2013, 2014 And 2015 Recipient Of The Prestigious RE/MAX PLATINUM CLUB AWARD For Sales Greater Than 10 Million Annually) in Durham Region And The GTA, #1 Team 2014 & 2015 Whitby Office. "THE JACKIE GOODLET TEAM" has extensive knowledge which includes selling resale homes, new build homes & condo's since 1989. With over 25 years experience and exceptional negotiating skills we are confident we can save you time and money on all your real estate endeavours. We look forward to hearing from you soon!