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Rental Vacancy Rates are Lowest in Alberta and British Columbia Due to Strong Population Growth

OTTAWA, Ontario, June 06, 2007 — The average rental apartment vacancy rate in Canada's 35 major centres1 was 2.8 per cent in April 2007, according to the new spring Rental Market Survey released today by Canada Mortgage and Housing Corporation (CMHC). Thanks to strong employment growth, solid income gains, and high immigration levels, the Canadian economy remains very supportive of strong …

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Source: CanEquity Mortgage News

This entry was posted on Wednesday, June 6th, 2007 at 10:53 am and is filed under Advice. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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