• The Halifax office market observed 34,956 sq. ft. of positive net absorption in Q3 2019.

• The overall market vacancy rate remained flat this quarter at 15.9% . The vacancy rate has stayed at 15.9% since Q1 2019.

• Halifax office market saw overall asking net rents increase $0.11 per sq. ft. quarter-over-quarter up to $14.81 per sq. ft. 

• A total of 42,000 sq. ft. of new supply came online in the Halifax office market and 120,000 sq. ft. remains under construction in the CBD.