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Toronto's industrial markets may need to recalibrate after a turbulent couple of years

Mismatch between supply and demand for industrial space is a global story
Toronto’s industrial vacancy and availability rates have been driven more by an increase in supply rather than lower demand. (CoStar)
Toronto’s industrial vacancy and availability rates have been driven more by an increase in supply rather than lower demand. (CoStar)
CoStar Analytics
February 14, 2025 | 5:00 P.M.

One of the main reasons real estate markets appear to be in a constant state of overcorrection is the lengthy reaction time to changes in demand and delivery. Unlike stocks or bonds, which reflect market sentiment almost instantly, real estate, being much more illiquid, adjusts slowly and must deal with considerable inertia.

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