Prince George, B.C.- The vacancy rate in Prince George increased to 6.6% during April of this year compared to the same month a year ago.

According to new stats from Canada Mortgage and Housing, the biggest jump in vacancy in Prince George is among bachelor apartments, which more than doubled from 6% to 12.7%..

 

 

Provincially, the CMHC’s survey reports a vacancy rate of 3.1 per cent in April 2010, and of the 165,095 units of total rental supply in B.C., there were 5,165 units vacant.

 

• Across B.C., there were more vacant rental units available among all bedroom types reported by the survey.

• The average rent level for a two bedroom apartment in B.C. , in new and existing structures, was $983 in April 2010, slightly lower than the 2009 level.

• However, the annual increase in the average two-bedroom apartment rent in structures common to both the April 2009 and April 2010 surveys was 2.9 per cent.