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Coquitlam sees biggest rental stock increase in 20 years as Metro Vancouver vacancies hit 30-year high
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Coquitlam sees biggest rental stock increase in 20 years as Metro Vancouver vacancies hit 30-year high
CHMC graph showing how condo completions and conversions are adding to rental supply across the region. Metro Vancouver’s rental market has softened sharply, with vacancy rates climbing to their highest level in more than three decades – and Coquitlam is emerging as one of the clearest examples of increased local supply. According to the Canada Mortgage and Housing Corporation’s (CMHC) annual rental market report released Dec. 11, the overall va…
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