1-833-216-0130 info@realstrategy.com

Real Strategy Market Outlook: Q3 2019

Real Strategy Market Outlook: Q3 2019

The office market in the National Capital Region continued to show strong demand, especially from the Federal Government and the local technology sector. Office users, both public and private, are demonstrating a strong preference for new or renovated space. This trend has lead to falling availability across the city as new space is gobbled up and the abandoned older office product is subsequently renovated. Overall office availability stood at 8.3% at the end of the third quarter, compared to 8.5% at the end of the second quarter. As we await the impact of a minority Liberal government on our local economy, Real Strategy is predicting another two quarters of strong demand until such time that a new Federal budget is released.

Download our printer friendly market report PDF here.

 

  • This field is for validation purposes and should be left unchanged.