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Thursday, May 23, 2019
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Home News Apartment Vacancy Rates

Apartment Vacancy Rates

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According to the latest report from Canada Mortgage and Housing, apartment vacancy rates in Fort St. John are more than double what they were last year.

The year-over-year numbers show, the local rate in October was 9.1%, as opposed to just 3.9%, in October of 2007.

The Fort St. John rate is also the highest, on a 26-city BC survey, which shows Dawson Creek headed in the opposite direction. It’s rate in October was down to 1 point two from 2 point seven percent at the same time last year and, it is just slightly above the provincial average of one percent, for centres with a population of 10 thousand or more.

The lowest rate in the province is found in the Vancouver Island retirement community of Parksville, at .2%. Prospective renters will also find Salmon Arm, Kelowna, Kamloops, Victoria and Vancouver have challenging rates, of .5% or less. `

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