9Dec/10Off
Edmonton rental market report
CMHC released its semi-annual rental market report today. Here are some highlights:
- The vacancy rate in Edmonton decreased to 4.2% in October compared to 4.5% in October 2009
- The average monthly rent for a 2 bedroom apartment in Edmonton was unchanged from a year earlier at $1015
- The lowest vacancy rates were outside of the city in Sherwood Park (1%) and Leduc (1.8%), while the highest vacancy rate was in Fort Saskatchewan (10%) and North central Edmonton (7.2%)
- The largest year over year decrease in vacancy rate was in North East Edmonton
17Dec/09Off