• Canada’s unemployment rate dropped to its lowest in nearly a decade in November to 5.9% according to Statistics Canada. 
  • BC’s robust economy was again one of the strongest performers across the country
  • Leasing performance in Metro Vancouver remained strong as limited supply and solid demand put downward pressure on vacancy rates.
  • Downtown vacancy remained low at 5.0%
  • Suburban vacancy fell 170 basis points to 9.5%, the lowest since Q3 2008