A sailboat is seen in front of the Halifax skyline on Sunday, July 31, 2016. THE CANADIAN PRESS_Darren Calabrese CANADAHALIFAX news Halifax vacancy rate improves but affordable rentals still hard to find, CMHC says by admin 19 ديسمبر، 2024 written by admin 19 ديسمبر، 2024 53 CITYnews halifax / By Mark Hodgins A new report is showing some improvements in the Halifax rental market this year. The Canada Mortgage and Housing Corporation’s (CMHC) Fall Rental Market Report finds Halifax’s overall vacancy rate increased this year, but the market remains tight for lower rent segments. The HRM’s apartment vacancy rate went up to 2.1 per cent, from the 1 per cent it had been at for three straight years. The report says migration to the province has slowed, including temporary foreign workers and students, and people moving here from other provinces. Related: Halifax mayor says city is past the worst of its housing crisis; advocates disagree Halifax south end homeless encampment now vacated after 3 told to leave Halifax council narrowly votes to keep list of potential designated encampments CMHC says rental demand slowed this year for new, premium rentals, particularly in the downtown core. It cites local market intelligence in finding those types of units took longer to rent because of high asking rents. But it also says lower-rent unit remain very hard to find. It says the vacany rate for apartments under $1,300 is now well below 1 per cent, with many existing tenants unable to afford to move. The rental turnover rate remains at a seven year low. Rent growth for a two-bedroom was 3.8 per cent, much lower than previous years increases, but the report says the average rent of apartments that turned over the new tenants increased by roughly 28 per cent. CMHC says there is record new rental construction happening, but it will take time before enough supply is added to improve rental affordability. 0 comment 0 FacebookTwitterPinterestEmail admin previous post In the news today: Canada Post to start taking commercial mail again next post حكم في الجزائر بسجن نجل ناشط سياسي في كندا You may also like أونتاريو تفرض رسماً بنسبة 25% على الكهرباء إلى... 10 مارس، 2025 China tariff on Canadian seafood adds more volatility... 10 مارس، 2025 Province implements maximum setbacks for wind turbines 10 مارس، 2025 ‘How did we survive?’ What Canadians recall —... 10 مارس، 2025 Emera Oval set to close for season this... 10 مارس، 2025 Nova Scotians warned about false heat pump rebate... 10 مارس، 2025 Carney captured 85.9% of the vote, sweeping Liberal... 10 مارس، 2025 Opposition criticizes delay in N.S. funding for transition... 10 مارس، 2025 سلسلة من التدابير لِدعم الشركات الكندية لمواجهة الرسوم... 8 مارس، 2025 كندا تعلن عن بناء منشآت عسكرية في الشمال 8 مارس، 2025