Despite an increase in rental supply, surging demand pushed Canada's vacancy rate for purpose-built rental apartments down to 1.9 per cent in 2022, according to new data from CMHC.

Canada’s overall vacancy rate increased from 2.0 per cent in 2019 to 3.2 per cent in 2020, according to the latest Rental Market Survey from CMHC – which also includes rent arrears data due to COVID-19.

Canada's 35 larger centres saw the average vacancy rate in privately initiated purpose-built rental apartments increase to 3.3 per cent in October 2015, from 2.8 per cent in October 2014.

According to a Canada Mortgage and Housing Corporation November report, Vancouver’s already-low apartment vacancy rate has fallen to 0.8 per cent, down from 1.0 per cent last year

Downtown Montreal experienced a 0.4-per-cent decline in the office vacancy rate in Q2 from Q1, according to a recent Colliers report.

After a decade of declining vacancies in office buildings, Saskatoon’s downtown office vacancy increased by 50,000 square feet in Q2, reports Colliers.

Andrew Lowe, Director, Residential Real Estate Management, Oxford Properties Group, discusses the art of maximizing revenue and minimizing vacancy loss.

The Ontario rental vacancy rate in urban centres was 2.5 per cent in April 2015, down from 2.8 per cent in April 2014, according to a new report released by the CMHC.