Rental Market Conditions Ease -The rental apartment vacancy rate in Vancouver increased to 2.1 per cent, following several years of vacancies below one per cent.
-Same sample apartment rents1 increased, but at a slower pace than last year.
-The stock of purpose-built2 rental apartments and town homes grew by more than one thousand units.
-The stock of rental condominiums grew, while the number of other types of secondary rental units declined.
-The rental condominium vacancy rate increased to 1.7 per cent.
To view the entire repost, click here: CMHC Rental Market Report end 2009.pdf
CHMC Rental Market report
Blog by Mike Cook | January 14th, 2010