commercial market

VANCOUVER — Avison Young says Vancouver's downtown office vacancy rate has hit 10 per cent for the first time in almost 20 years. The real estate firm says the first quarter of this year brought Vancouver's downtown office vacancy…

Office vacancies are rising in Canada and could soar higher in the coming months as a second wave of the pandemic extends the mass exodus of workers from office towers and communal workspaces. Exacerbating the situation is an increase in…