Quote:
Originally Posted by Nathan
Regina is lower. The most info I could find was that in Q1 of 2010 St. John's was at 4.6%, meanwhile as of a news article from Oct. 6, 2010, Regina is sitting at 2.9%. And a 90m office tower that is going up pretty much has all space spoken for already and they are still doing site preparations/excavation.
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According to the Canada Mortgage and Housing Corporation, as of june of this year:
"the centres with the lowest vacancy rates were Québec City (0.4 per cent), Regina (0.8 per cent), Winnipeg (1.0 per cent), and St. John’s (1.1 per cent). At a provincial level, Manitoba and Newfoundland and Labrador posted the lowest vacancy rates at 1.0 per cent and 1.1 per cent, respectively."
http://www.cmhc.ca/en/corp/nero/nere...06-15-0815.cfm
In the last few years, office towers and condominium complexes have multiplied in Quebec city and many more towers are supposedly going to be built in the next few years. That being said, many people here (urgh...) seem to have strong allergic reactions to anything taller than 17 stories high, which is the current height limit. Fortunately, city regulations are changing as we speak but we will never, never see a supertall in Quebec City!!!!!!