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Regional Research

HOW DID THE OFFICE AND INDUSTRIAL MARKET DO IN Q3 2021?

AUTHOR: CUSHMAN &WAKEFIELD KINGSTON  |  DATE: OCTOBER 13TH

Cushman and Wakefield Research Canada has released the national office and industrial statistical summaries for Q3 2021. The report uncovers the highs and lows of the industrial market, with the office market showing some good signs, leaving us with cautious optimism.

Here are the highlights:

Recently Built and Under Construction Student Residential Buildings in Downtown Kingston

Author: Cushman & Wakefield Kingston    |  Date: August 25th, 2021

Demand is high for Student Residential Buildings as the city's post-secondary school enrollment maintains steady growth. The Kingston student population amounts to over 30,000, bringing various skills and diversity to the workforce and directly contributing to Kingston’s economic health.

National Employment Report

Cushman and Wakefield Research Canada has released the July National Employment Report with the numbers. The report reveals that in July the unemployment rate fell while employment rose by 94,000, and the number of Canadians working from home has hit its lowest level since October 2020.

View the full report here.

Published: August 9th, 2021

Looking for more from Cushman and Wakefield?

Q2 2021 OFFICE MARKETBEAT

Cushman and Wakefield Research Canada have released the Q2 Marketbeat to provide you with the answers. The report unveils that early indicators point to a slow recovery, and says "as restrictions gradually lift across the country and the vaccination program now in full swing, there is hope that the worst may be over." The report states that in Q3 2020 "absorption hit an all-time negative low of close to 6.5 million sf" but this quarter was around negative 3.7 million sf.