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Old 12-19-2013, 08:46 AM   #1733
sonick
Willing to sell body for a few minutes on RS
 
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LePage report indicates:
Quote:
“CMHC forecasts that the vacancy rate for Vancouver CMA will fall from 1.8% in 2012 to 1.5% in 2013 and 1.2% in 2014″
CMHC Housing Market Outlook for Vancouver/Abbotsford for Fall 2013 indicates:
Quote:
"As a result, the vacancy rate is expected to rise to 2.1 per cent in 2013, from 1.8 per cent in 2012, and edge up further to 2.2 per cent in 2014 as more new rental supply is added to the purpose-built rental market."
https://www03.cmhc-schl.gc.ca/catalo...=1387473977437



Edit: looks like LePage's numbers are based on the Spring 2013 report (http://www.cmhc-schl.gc.ca/odpub/esu...=1387475296326)... outdated data already lol
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Sonick is a genius. I won't go into detail what's so great about his post. But it's damn good!
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