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What is the vacancy rate in victoria bc

What is the vacancy rate in victoria bc

Description. Rental vacancy rates in Canada, the provinces and all major metropolitan areas from 1992 to the present. This summary lets housing professionals compare local and provincial rental markets against national averages at a glance. British Columbia Victoria apartment vacancy rate lowest in Canada: CMHC. The new report says the vacancy rate is 0.6 per cent — down from 1.8 per cent last year. The Canada Mortgage and Housing Corporation released its annual report this morning — and B.C. isn't looking so good, with some of the lowest vacancy rates, and highest rents in Canada. Greater Victoria’s spring rental vacancy rate has tightened to its lowest level since 2009. The capital region’s vacancy rate in private, purpose-built apartments was 1.2 per cent in April, . . . With a 0.5% vacancy rate, bidding on rentals is not out of the norm either. It certainly gives a false impression of the actual cost of living in Victoria. lots of professionals work for significantly less here - BC civil servants for example, make a third less than they would elsewhere. The absolute lack of common sense here is astounding.

27 Dec 2019 The region's vacancy rate is heading towards 1.6 per cent by October 2020, according to the We sure do need real rent controls in BC!

3 Oct 2017 With a less than one per cent vacancy rate, and prices for units steadily increasing, the market is strongly skewed in favour of the city's landlords  Vacancy rates in Victoria for renters have been very low, sitting at just 0.6% according to the Canadian Mortgage and Housing Corporation (CMHC). Our internal statistics at Duttons confirm these statistics. We manage more than 550 condos, houses, townhomes and our internal vacancy rate has been near 0% the last 12 months. A report by the Canada Mortgage and Housing Corporation shows Victoria rental vacancies remain low, and rent is rising. The rental market survey says Greater Victoria’s vacancy rate in October Greater Victoria’s ultra-tight rental vacancy rate has loosened slightly in the past year, while the average rent climbed by 7.5 per cent. The overall vacancy rate in the capital region is now

15 Jan 2020 VICTORIA (January 15, 2020) – A report released today from the Canada Mortgage and Housing Corporation has shown vacancy rates in 

Greater Victoria’s spring rental vacancy rate has tightened to its lowest level since 2009. The capital region’s vacancy rate in private, purpose-built apartments was 1.2 per cent in April, . . .

28 Nov 2018 B.C. has second lowest provincial vacancy rate in Canada. Both cities are below Toronto at 1.1 per cent and Victoria at 1.2 per cent, but 

Greater Victoria’s ultra-tight rental vacancy rate has loosened slightly in the past year, while the average rent climbed by 7.5 per cent. The overall vacancy rate in the capital region is now Housing in BC is a simmering topic right now, and over the last year, Victorians saw an increase in both rental vacancy rates and average rent prices. According to Canada Mortgage and Housing Corporation’s (CMHC) October rental market report, vacancy rates last month reached 1.2%, a 5% increase from October 2017’s 0.7% rate. They offer housing professionals, researchers and renters detailed rental market data at the national, provincial and local levels. This includes data on availability and vacancy rates, average rents and more for various types of rental housing across Canada.

28 Nov 2016 Cities such as Victoria, Abbotsford, Kelowna and Vancouver still report vacancy rates of under one per cent.

Greater Victoria’s ultra-tight rental vacancy rate has loosened slightly in the past year, while the average rent climbed by 7.5 per cent. The overall vacancy rate in the capital region is now Housing in BC is a simmering topic right now, and over the last year, Victorians saw an increase in both rental vacancy rates and average rent prices. According to Canada Mortgage and Housing Corporation’s (CMHC) October rental market report, vacancy rates last month reached 1.2%, a 5% increase from October 2017’s 0.7% rate.

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