The office market across the Greater Toronto Area has seen a significant drop in transaction volumes compared to pre-pandemic years. While the drop in office utilization is likely a factor, tighter capital markets and growing uncertainty surrounding the stability of the Canadian economy are also contributing.
Office sales dry up across the Greater Toronto Area
Restrictive capital markets and lower office utilization curtail sales activity
CoStar Analytics
March 13, 2025 | 7:16 P.M.
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