About this document
Toronto Office Market Trends Q1 2024 by stic is a document available to read on EtoBox.
In Q1 2024, office prices fell by 1.2% due to softened demand and high borrowing costs, leading to a 20.4% decrease in sales volume. Despite this, rental transactions increased by 9.2%, although overall rents declined by 1.7%. The market outlook suggests cautious behavior from investors and tenants, with potential price recovery expected later in the year as new office units become available.
- Author
- stic
- Language
- EN