«According to the Housing Vacancy Survey,
the rental vacancy rate fell for the seventh straight year in 2016, dipping to 6.9 percent — its lowest level in more than three decades.
Not exact matches
A 2011 CHMC report stated that
vacancy rates across Canada were
falling and that
rental rates were rising as a result.
Persistent housing shortages and
falling rental vacancy rates are behind the rising
rates.
The Denver
Rental vacancy rate has
fallen to 6.1 %.
From 2009 to 2011, the
rental apartment
vacancy rate fell from 3.5 % to 1.4 %.
Rental vacancy rates have
fallen to 8.6 percent, the lowest since the second quarter of 2002.
Over time,
vacancy rates fall, allowing
rental rates to stabilize and even start to increase.
Rental investors will particularly benefit as property appreciates, rents rise to record heights and
vacancy rates fall.
Vacancy rates on
rentals continue to
fall, which is driving up prices.