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national suburban vacancy rateGlobal News
•80% Informative
Canada on pace for first year of positive office leasing activity since before pandemic.
Six of 10 major markets recorded net positive demand in the third quarter , report says.
Toronto led the way with 650,000 square feet of positive net absorption compared with inventory that became available.
Montreal , Vancouver and Ottawa saw overall office vacancy rates rise quarter-over-quarter .
Sublet space has declined for a fifth consecutive quarter since peaking in mid-2023 .
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