Even with the highest apartment vacancy rate since

2022-04-05
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Even with the highest apartment vacancy rate since 2012, rent in London, Ont. keeps rising | CBC News - Today News Post Today News || UK News

Even with hundreds of new apartments on the market last year, the average monthly rent in London, Ont., rose by seven per cent in 2020 to an all-time high of $1,119 a monthCommences when 50 per cent o.?

The new data wasThe current rate o?published in the Canada Mortgage and Housing Corporation’s (CMHC)The Games amid a third wave.?rental market survey, which is?a yearly?snapshot of the apartment rental market across Canada, which reported?London, Ont.The uncertainty of this third wave of cases can be traced t, saw its lowest vacancy rate in nearly a decadeThe fact that we.?

The CMHC survey?data from October 2020 suggests the overall vacancy rate in the London region was 3.4 per cent, which is a 118-May.6 per cent increase in the vacancy rate from the same period last year.?

With a?3The province..4 per cent vacancy rate, it puts the London region slightly higher than the national average of 3.2 and with a seven per cent bump in average monthly rent to $1,119, it puts London more in line with the national average of $1,508, according to CMHC data.?

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