Lower Vacancy Rates, Higher Rents and Little to No Affordable Housing in Ottawa

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CMHC has published their long awaited Rental Market Report for Canada. We're diving into these figures looking at average rents and vacancy rates for both purpose built rentals as well as condominium apartment rentals. We'll cover Ontario figures as well as local Ottawa average rents and vacancy rates.

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Roch St-Georges
Real Estate Broker | Courtier immobilier
EXIT Realty Matrix
613-889-7732

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⏲️Timecodes:
0:00 - Intro
0:50 - Canadian Rental Market
1:40 - Vacancy Rate
2:28 - Affordability
3:10 - Share of Affordable Units
4:21 - National Turn Over Rate
5:19 - Rent Surging
5:30 - Ottawa Rental Market
7:49 - Closing Remarks

🔗Source:

Disclaimer:
The information provided in this video is for informational purposes only and should not be taken as financial or real estate advice. It is important to consult a professional before making any financial or real estate decisions. The content of this video is based on the personal opinions and experiences of the host and should not be considered as professional advice. Viewers are responsible for their own financial and real estate decisions. This video is not intended to solicit buyers, sellers, landlords, or tenants currently under contract with another brokerage.

🔗Credits:

Ken Lund - Ottawa, Ontario En Route to Parliament Hill
Ross Dunn - Westboro
Ross Dunn - Streetscape in Sandy Hill
BiblioArchives / LibraryArchives - University of Ottawa / Université d'Ottawa
License: Attribution 2.0 Generic (CC BY 2.0)