Highlights details in this report include:
- Ontario vacancy rate remains stable at 2.6 per cent in fall of 2013.
- Fixed sample 2-bed apartment rents grew at a rate of 2.7 per cent in the fall of 2013 – in line with growth of 2.7 per cent last fall.
- Notable factors exerting downward pressure on vacancy rates include: improving job prospects and less first time buying demand.
- Notable factors exerting upward pressure on vacancy rates includes: less in-migration and more rental apartment completions.
Published By: Canadian Mortgage and Housing Corporation
Publication Date: Fall 2013