British Columbia Rental Market Report

This report from the Canada Mortgage and Housing Corporation (CMHC) is a detailed summary of the results of their yearly rental property survey in British Columbia. In this report, you will find statistics relating to rental costs and availability, and how these are affected by job and population growth.

Highlights of this report include:

• The average vacancy rate in British Columbia was 3.4% in April of 2012
• Vacancy rates differed depending on number of bedrooms. Apartments with 3 bedrooms or more decreased compared to the same time last year, as one and two bedroom apartment vacancy rates remained stable.

Click here for the full report from the CMHC.