It’s a mixed blessing if you are in the market for a new apartment – Canada Mortgage and Housing says the city led the nation in October with the highest apartment vacancy rate coming in at 9.7-percent – up four percent from the same month last year.
And while that means more choice for apartment hunters – you can expect to pay more when you find one – C-M-H-C says the average rent for a two bedroom in the city has jumped 20-bucks to 691-dollars a month.
Moncton had the third highest vacancy rate in the country while Regina had the lowest.
City Posts Highest Apartment Vacancy Rate In Nation
