Edmonton apartment vacancies dropping along with rents, survey indicates

Average Edmonton-area apartment rent and vacancies have dropped in the past year as housing demand and the number of units both increased, a new report shows.
The region’s overall vacancy rate in October was seven per cent, down from 7.1 per cent in October 2016, according to the Canada Mortgage and Housing Corp. annual rental market survey released Tuesday.
Vacancies for bachelor suites were slightly higher than average (7.3 per cent), while places with at least three bedrooms had far few