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Sluggish office market drags on Greater Toronto real estate sales

Despite overall drop, industrial sales grow
CoStar Analytics
December 13, 2024 | 4:38 P.M.

The Greater Toronto area's commercial real estate market — encompassing retail, office and industrial properties — has seen muted sales volumes so far in 2024 when compared with historical averages. With less than 7% of the year left, the market is tracking 21% behind the trailing 10-year average of annual transaction volumes.

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