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Saturday, June 23, 2012 - Rental Rates Down 2% From Last Year

According to CMHC's rental market statistics for Spring 2012, Edmonton's vacancy rate for rental apartment structures over 3 units is down from 4.7% in April 2011 to 2.7% in April 2012. 

The average monthly rent for a bachelors suite went down from $731 to $725 from April 2011 to April 2012.  A one bedroom increased from $852 to $864 per month.  Two bedroom units went up from $1,029 to $1,306 and three bedroom units decreased from $1,224 to $1,208.

For more detailed statistics please visit www.cmhc-schl.gc.ca.

 

posted in General at Sat, 23 Jun 2012 09:49:11 -0600

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