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National rental vacancy rate decreases in 2008
Sources News Release

http://www.sources.com/Releases/NR87.htm

Publisher:  Canada Mortgage and Housing Corporation (CMHC)
Date Written:  11/12/2008
Year Published:  2008  
Resource Type:  Article

The average rental apartment vacancy rate in Canada's 34 major centres decreased to 2.2 per cent in October 2008 from 2.6 per cent in October 2007 according to the Rental Market Survey released today by Canada Mortgage and Housing Corporation (CMHC).

Abstract:  NATIONAL RENTAL VACANCY RATE DECREASES IN 2008

OTTAWA, December 11, 2008 - The average rental apartment vacancy rate in Canada's 34 major centres decreased to 2.2 per cent in October 2008 from 2.6 per cent in October 2007, according to the Rental Market Survey released today by Canada Mortgage and Housing Corporation (CMHC).

"Demand for rental housing in Canada increased due to high migration levels, youth employment growth, and the large gap between the cost of homeownership and renting,...
To read the full release go to http://www.sources.com/Releases/NR87.htm

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