Is office building real estate in for a shock with vacancies remaining so high?

Risks in Canada’s residential real estate market are closely monitored, but economists and analysts are increasingly warning that we need to pay attention to commercial real estate. As Anne Gaviola explains, we could see the biggest real estate shock in office buildings, not homes.

• Why Canada’s downtown office vacancy rate hit a record high to end 2023
• Many Canadian offices are empty. It could be the economy’s ‘canary in the coal mine’