Nearly half of Canadians say the state of the downtown core closest to where they live has declined in the past year, a recent poll shows. Released by Canadian market research firm Leger on Aug. 11, the poll reported that 45 percent of Canadians indicate that the downtown core nearest to them is declining. In…
Nearly Half of Canadians Say Downtown Cores Have Declined in Past Year: Poll
Australian Rental Vacancies Reach 16-year Low as Market Heats up
February 15, 2022
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The residential rental vacancy rate across Australia has fallen to a 16-year low as the country looks forward to the reopening of its international borders for tourists after two years of isolation. SQM Research revealed rental vacancy rates fell sharply to 1.3 percent in January, a drop of 0.3 percent from December and 0.7 percent…
Office Vacancy Rate at Over 20-Year High Across Australia
February 4, 2021
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Australiaaustralian commercial propertyaustralian property marketCBD office spaceCCP VirusInternationaloffice vacancyWorld
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The vacancy rate for Australian office spaces has reached a 24-year high with a reduced demand amid the CCP virus pandemic, while at the same time significant amounts new supply have been added to the market. The Property Council of Australia Office Market Report for the six months leading to January 2021 found the vacancy…
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