Rental vacancy rate is up in Sudbury and on average across C

Rental vacancy rate is up in Sudbury and on average across Canada


Rental vacancy rate is up in Sudbury and on average across Canada
Sudbury vacancy rate listed at 2.5 per cent with average rent of $1053 per month
Jan 30, 2021 12:00 PM
By: Sudbury.com Staff
The average overall vacancy rate in Canada has increased and statistics show that the rate has also increased in Sudbury. This is according to Canada Mortgage and Housing Corporation's annual rental market survey, which was released this week, based on changes that occurred in 2020. 
Among Canada's Census Metropolitan Areas (CMAs), the overall vacancy rate increased from two per cent in 2019 to 3.2 per cent in 2020 for all bedroom types, according to the CMHC Survey.  The national average two-bedroom rent across CMAs increased by 3.6% to $1,165.

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