Ontario Rental Market Report

Considering Buying or Selling your income Property?

- „„Ontario vacancy rate declined to 2.5 per cent in April of 2015, from 2.8 per cent one year ago.
„„- Fixed sample 2-bed apartment rents grew at a rate of 2.1 per cent in 2015 versus 2.7 per cent in the spring of 2014.
„„- Factors exerting downward pressure on vacancy rates include: improving job prospects for young adults and less first  time buyer demand.
„„- Factors exerting upward pressure on vacancy rates include: declining net migration and more condominium rental completions.

Check out the full Ontario Rental Market Survey Report by CLICKING HERE

Rick Buncick

Rick Buncick

Sales Representative
CENTURY 21 First Canadian Corp., Brokerage*
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