Apartment Vacancy Rates

According to the latest report from Canada Mortgage and Housing, apartment vacancy rates in Fort St. John are more than double what they were last year.

The year-over-year numbers show, the local rate in October was 9.1%, as opposed to just 3.9%, in October of 2007.

The Fort St. John rate is also the highest, on a 26-city BC survey, which shows Dawson Creek headed in the opposite direction. It’s rate in October was down to 1 point two from 2 point seven percent at the same time last year and, it is just slightly above the provincial average of one percent, for centres with a population of 10 thousand or more.

The lowest rate in the province is found in the Vancouver Island retirement community of Parksville, at .2%. Prospective renters will also find Salmon Arm, Kelowna, Kamloops, Victoria and Vancouver have challenging rates, of .5% or less. `

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