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Wednesday, December 16, 2009

Apartment Vacancy Rate On The Increase

If you're apartment hunting - you may notice a few more listings of late -- a survey by Canada Mortgage and Housing shows the city's apartment vacancy rate in October sitting at 3.6-percent -- up from 3.1 in October of last year.
And the federal housing agency is also reporting the average rent for a two bedroom apartment in the greater Saint John area at 644-dollars a month in October -- that's up 4.5-percent from a year ago.