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Metro Vancouver's apartment vacancy expected to shrink in 2010
Date Published: January 15, 2010
Author: Derrick Penner, Vancouver Sun
Article Category: Real Estate Articles

Metro Vancouver's apartment vacancy expected to shrink in 2010

Expect the relative spike in apartment vacancies Metro Vancouver experienced in 2009 to be a short-lived, recession-driven phenomenon, according to apartment-market expert David Goodman.

Metro Vancouver saw overall vacancy climb to a 10-year high of 2.1 per cent in 2009, compared with 0.5 per cent in 2008, Canada Mortgage and Housing Corp. reported in its winter vacancy report.

Read more: http://www.vancouversun.com/business/Metro+Vancouver+apartment+vacancy+expected+shrink+2010/2444250/story.html#ixzz0s55rDQPi



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