The downtown Toronto office market has just experienced its first decline in office availability in five years, according to JLL’s Q4 2024 Toronto Office Insight report. It cites “ aggressive concession packages” by owners as a contributing factor.
Montreal’s commercial real estate market improved in 2024. While the momentum is expected to continue this year much uncertainty exists about the future for interest rates, Canada's federal election, and the threat of tariffs and U.S. trade policies.
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