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Tuesday, June 15, 2010

Apartment Rental Numbers

According to the latest figures from Canada Mortgage and Housing, those living in an apartment are happy to be there.
As of April.1st, there is no change to the vacanacy rate, coming in at 4.7% over-all with a decline in Fredericton but a marginal increase in both Moncton and here in Saint John.


CMH says in-migration continues to support demand for apartment rentals in the Province's larger urban centres.
The highest apartment vacancy rate in the Province is 9.8% in Edmunston and it is the lowest in Miramichi at 3.4%.


The average price for a two bedroom apartment in Saint John is $644 dollars and $710 in both Moncton and Fredericton.