VANCOUVER, BRITISH COLUMBIA–(Marketwire – Dec. 13, 2011) - According to Canada Mortgage and Housing Corporation’s (CMHC) Fall Rental Market Survey, a cavity rate in British Columbia edged reduce to 2.4 per cent in Oct 2011, compared to 2.7 per cent in Oct 2010.
“Demand for let housing remained strong, reflecting improving work marketplace conditions with a continued upsurge of people relocating to a province,” remarkable Carol Frketich, CMHC’s BC Regional Economist. “Combined with singular increases in a supply of new purpose-built