Apartment vacancy is dropping like a stone in Wood Buffalo.
The Canada Mortgage and Housing Corporation says, in April, there was an overall 8% drop compared to the same time last year
It says there were only 2.8% ready for rent.
The largest decline was recorded in 2 bedrooms – last year there were 13.2% available and this April there were just 2.5%.
People on average paid about $200 more in rent – just under $2,100 a month.
That’s more than twice as much as rent in Edmonton.
June 20th, 2013
