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Apartment Vacancy Rate In HRM Drops To 1% Of 51,000 Rental Units

By Andrew Macdonald

There are 51,000 apartments in Halifax Regional Municipality, and Canada Mortgage & Housing Corp says the overall vacancy rate decreased from 1.6 per cent to 1 per cent.

It found the average rent for an apartment increased by 3.8 per cent to $1,113 per month, in its fall study released recently.

“The Halifax CMA vacancy rate

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