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CHMC Rental Market report

Blog by Shaun Kimmins | January 14th, 2010

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