Rainscreened building at WestPointe, 3250 West Broadway, Vancouver. 2 large bedrooms, 2 full bathrooms and plenty of in suite storage in 954 square feet of...
The rental apartment vacancy rate in Greater Vancouver dipped slightly to 1.9 per cent in October 2010, from 2.1 per cent a year earlier.
Why did the vacancy rate drop to 1.9%? Employment growth, steady migration to the region and a slowdown in first time home buyer activity have kept rental demand strong. Also, the secondary rental pool grew by more than 7,500 units, nearly half of which were investor-owned rental condos.
Email
