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Rental picture worsens
http://www.estevanmercury.ca/articl...9841/-1/estmercury0101/rental-picture-worsens
The latest report on vacancy rates and the rental prices in Estevan paints a very grim picture for anyone looking to find a place to rent in the city.
The Canada Mortgage and Housing Corporation released its year-end report last week and it showed that not only has Estevans vacancy rate dropped again, the cost of rent has taken another substantial jump.
Based on numbers collected in October, the report says Estevans rate is now 0.6 per cent, the lowest in the province. Lloydminster was the only other Saskatchewan community below one per cent, checking in at .9 per cent.
Conversely, the cost of rent has climbed to an average of $1,030, the highest average in the province by over $100.
The lowered vacancy rate was not welcome news to the City of Estevan who has been focusing much of their efforts on improving the situation.
http://www.estevanmercury.ca/articl...9841/-1/estmercury0101/rental-picture-worsens
The latest report on vacancy rates and the rental prices in Estevan paints a very grim picture for anyone looking to find a place to rent in the city.
The Canada Mortgage and Housing Corporation released its year-end report last week and it showed that not only has Estevans vacancy rate dropped again, the cost of rent has taken another substantial jump.
Based on numbers collected in October, the report says Estevans rate is now 0.6 per cent, the lowest in the province. Lloydminster was the only other Saskatchewan community below one per cent, checking in at .9 per cent.
Conversely, the cost of rent has climbed to an average of $1,030, the highest average in the province by over $100.
The lowered vacancy rate was not welcome news to the City of Estevan who has been focusing much of their efforts on improving the situation.