New supply of office space in Canada 2016-2023 with a forecast for 2024

Published by Statista Research Department, May 3, 2024

The volume of new office space supplied in Canada declined in 2023 but was expected to increase in 2024. In 2023, there were about 2.5 million square feet of new supply in the downtown and suburban office real estate markets.

Volume of new office space supplied in Canada from 2016 to 2023 with a forecast for 2024 (in million square feet)

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Release date

February 2024

Region

Canada

Survey time period

2016 to 2023

Special properties

Downtown and suburban office space

Supplementary notes

* forecast

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