Figures

Moncton Office Figures Q2 2026

Moncton sees rent increases as quality assets become more in-demand

July 23, 2026 5 Minute Read

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  • Overall vacancy declined to 9.5% in Q2 2026, the lowest level recorded since Q1 2019.
  • Competitive office inventory continued to tighten across both downtown and suburban markets, with the suburban market maintaining the lowest vacancy rate at 4.8%.
  • Downtown vacancy declined for the third consecutive quarter, falling 240 basis points (bps) year-over-year to 11.8% this quarter.
  • Net asking rents remained firm quarter-over-quarter, with Class A space commanding a premium and average Class A asking rents reaching $15.78 per sq. ft.