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Tuesday, December 13, 2011

Survey Says More Apartment Options Available

If you're apartment hunting -- you may find you now have more options available.
A new survey from Canada Mortgage and Housing says the apartment vacancy rate in the Saint John area increased to 5.9-percent in October from 5.1 a year ago.
And while there may be more choice - rents are creeping up - the survey pegs the average rent for a two bedroom in October at 670-dollars a month -- that's a 25-dollar bump from the same month a year ago.
By comparison - the average rent for a two bedroom in Moncton came in at 715-dollars in October.