June 2009 | Mortgage For Less Corp.

National Rental Vacancy Rate Edges Higher

Posted on June 10/2009 by Mortgage For Less

The average rental apartment vacancy rate in Canada's 35 major centres1 increased slightly to 2.7 per cent in April 2009, from 2.6 per cent in April 2008, according to the spring Rental Market Survey2 released today by Canada Mortgage and Housing Corporation (CMHC). Completions of condominiums, which continue to attract renter households looking to move into homeownership are decreasing demand for rental housing.

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Canadian Home Purchasers Savvy And Optimistic

OTTAWA, Ontario, June 09, 2009 — Canada Mortgage and Housing Corporation’s (CMHC) 2009 Mortgage Consumer Survey results were released today, and indicate that nearly 90 per cent of recent home purchasers across the country believe that home...

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