Saint John is posting the highest apartment vacancy rate in the country according to a survey from Canada Mortgage and Housing.
The survey shows the city’s vacancy rate at 10.4-percent at the end of April compared to Edmonton and Calgary where the vacancy rate is 1.2-percent – the lowest in Canada.
As far as average rents are concerned – we appear to be in the middle with an average monthly rent of 703-dollars for a two bedroom apartment.
Vancouver is the most expensive with a two bedroom going for 1255-dollars a month while Saguenay in Quebec posted the lowest average at 560-dollars a month.
