LONDON, ONTARIO--(Marketwire - Dec. 13, 2012) - Canada Mortgage and Housing Corporation (CMHC) released its Fall Rental Market Report for the Windsor Census Metropolitan (CMA) today. The vacancy rate in the Windsor CMA moved down from 8.1 per cent to 7.3 per cent. Also on the basis of a fixed sample of structures common to both the 2011 and 2012 surveys, the average two-bedroom apartment rent increased by 1.7 percent.
"Increasing employment levels, a return to population growth and high levels of international post-secondary student enrolment have contributed to an increase in rental demand," said Margot Stevenson, CMHC Market Analyst for the Windsor area.
As Canada's national housing agency, CMHC draws on more than 65 years of experience to help Canadians access a variety of quality, environmentally sustainable and affordable housing solutions. CMHC also provides reliable, impartial and up-to-date housing market reports, analysis and knowledge to support and assist consumers and the housing industry in making informed decisions.
For more information, visit www.cmhc.ca or call 1-800-668-2642. CMHC Market Analysis standard reports are also available free for download at CMHC Housing Market Information.
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