Highlights and Statistics on Real Estate Trends in Atlantic Canada
Download our Q2 2019 Office Stats to get highlights on real estate trends in Atlantic Canada.
- The office vacancy rate continues to decrease based on increased demand from the energy sector, financial services and tech expansion.
- New office construction reached to 210K in Atlantic Canada and most of the space is already pre-leased.
- For the competitive Class A and B buildings and recently renovated buildings, rental rates remain stable.
- Greater Moncton and Fredericton are the Atlantic anomaly with the downtown office vacancy rate below 8% due to stable demand and relatively limited current supply.