Canadian Funding Corp. and Moishe Alexander Review CMHC Reports » Cold http://canadian-funding-corp-cmhc.com CMHC Reports Reviewed by Moishe Alexander Wed, 23 Jun 2010 18:13:41 +0000 en hourly 1 http://wordpress.org/?v=3.0 Edmonton Vacancy Rate on the Rise http://canadian-funding-corp-cmhc.com/2009/06/edmonton-vacancy-rate-on-the-rise/ http://canadian-funding-corp-cmhc.com/2009/06/edmonton-vacancy-rate-on-the-rise/#comments Wed, 17 Jun 2009 15:29:58 +0000 admin http://canadian-funding-corp-cmhc.com/?p=101

Canada Mortgage and Housing released its Spring Rental Market Report today. Highlights:

  • The average apartment vacancy rate in Alberta’s urban centres increased from 2.9 per cent in April 2008 to 4.6 per cent in April 2009. All centres except Grande Prairie reported a higher vacancy rate in 2009.
  • The 2009 vacancy rates ranged from a low of 1.2 per cent in Cold Lake to a high of 8.5 per cent in Grande Prairie.
  • Calgary and Edmonton, the two largest urban centres, reported vacancy rates of 4.3 and 4.7 per cent, respectively.
  • The provincial average rent for all unit types was $962 per month in April. At $2,088, Wood Buffalo had the highest average monthly rent amongst all urban centres in Alberta, while Medicine Hat had the lowest average rent at $654 monthly.

Sprin09Vacancy Spring09Rent

Brought by Moishe Alexander, CFC CEO.

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