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Our Trending Rental Markets
Each year Canada Mortgage and Housing Corporation (CMHC) produces rental-market reports for many parts of Canada. These reports are an in-depth look at the trends Canadians can expect to see in rental housing. Because CMHC’s rental-market reports for January 2020 covered only major cities, we asked
Fill Your Units
You can never get back the money you lose when a unit stands empty. Whenever a member gives notice, it’s important to get the word out, which is usually the responsibility of the manager. As soon as a prospect gets in touch, your co-op needs to follow up promptly. Otherwise, they will go elsewhere.
Looking at the Data behind Canada’s Rental Market Report in 2024
In late January, CMHC released the Fall 2024 Rental Market Report, which has data about rental markets in different Canadian cities.
Across Canada, the vacancy rate for purpose-built rentals sits at 2.2 per cent (up from 1.5 per cent in 2023), while the average rent for a two-bedroom apartment
Housing Market Outlooks for 2023
Tip of the Month
Management Trend
The trend to hire management companies continues. 58% of co-ops hire management companies, compared to 28% that employ independent staff as their managers.