How Toronto’s Return-To-Office Mandates Could Reshape The Housing Market

Toronto's major employers, including civil services, banks, and telecom companies, are mandating a return to the office for four to five days a week. This shift is set to dramatically impact the housing market, particularly in suburbs and downtown areas. Office occupancy rates in Toronto are rising, notably on Wednesdays, with full-time attendance expected by the new year for some sectors. This move poses an economic experiment and reflects how far employers will stretch in a challenging labor market.