The vibrancy of Calgary's downtown office market is a good indicator of the health of the city's economy, and since the oil price collapse that started in the latter half of 2014, they've both been struggling.

Downtown office market begins bounce back

People who have lived and worked in Calgary for a long time know that the downtown office market is a great barometer of what's happening in the city's overall economy.

For the past couple of years, record vacancy rates in the heart of the city have made headline news, not only in Calgary, but nationally.

However, a recent report by commercial real estate firm Avison Young suggests we've hit the bottom and there's nowhere to go but up.