CMCH Spring 2015 Rental Market Survey (Province of Quebec)
The vacancy rate rises slightly
(firmenpresse) - MONTREAL, QUEBEC -- (Marketwired) -- 06/15/15 -- According to the Rental Market Survey conducted in the spring by Canada Mortgage and Housing Corporation (CMHC), the average vacancy rate of private buildings with three units and over stood at 3.5 per cent in April in urban centres (10,000 or more ) of Quebec. The change in the nominal rate compared to that recorded in the spring of 2014 (+0.6 percentage point) was statistically significant.
"The rise of the Quebec vacancy rate in the spring of 2015 occurred in the context where supply is increasing and where demand is passing through a phase of decrease. On the supply side, the stock of apartments (purpose built rental or condominium) has been indeed on the rise, while demand has been weaker as a result of less robust labour markets and decreasing net migration," explains Kevin Hughes, Regional Economist at CMHC for Quebec.
The Quebec Census Metropolitan Area (CMA) recorded the lowest vacancy rate (3.2 per cent), however it is now comparable with those of the Montreal and Trois-Rivieres areas. The Gatineau CMA posted the highest rate (6.2 per cent). With respect to other urban areas, the survey reported an increased rate in agglomerations with 10,000 to 49,999 inhabitants and stability in agglomerations with 50,000 to 99,999 inhabitants (see table).
The average rent for two bedroom apartments was $714. At the CMA level, it ranged between $571 and $777. In other urban areas, it was in the lower part of this range. The estimated change in the average rent for the entire province stood at 1.9 per cent in April 2015.
As Canada''s authority on housing, CMHC contributes to the stability of the housing market and financial system, provides support for Canadians in housing need, and offers objective housing research and information to Canadian governments, consumers and the housing industry.
Follow CMHC on Twitter
For more information, visit or call 1-800-668-2642.
CMHC Market Analysis standard reports are also available free for download at .
This release is also available at .
(Ce document existe egalement en francais)
To view the table associated with this release, please visit the following link:
Contacts:
Media Contact
Catherine Leger
514-283-7972
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 15.06.2015 - 06:15 Uhr
Sprache: Deutsch
News-ID 1365845
Anzahl Zeichen: 0
contact information:
Contact person:
Town:
MONTREAL, QUEBEC
Phone:
Kategorie:
National
Anmerkungen:
Diese Pressemitteilung wurde bisher 140 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"CMCH Spring 2015 Rental Market Survey (Province of Quebec)
"
steht unter der journalistisch-redaktionellen Verantwortung von
Canada Mortgage and Housing Corporation (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
