Housing continues to be rare in Quebec The following article was written by Guy Benjamin and comes from
http://www.cyberpresse.ca/le -soleil/affaires/actualite-economique/201012/09/01-4350801-les-logements-continuent-a-se-faire-rares-a-quebec.php? utm_categorieinterne trafficdrivers = & = utm_contenuinterne envoyer_cbp The units continue to be scarce in the region of Quebec, Winnipeg after that displays the lowest rate of vacancies among the 35 largest cities. The situation has nevertheless improved slightly according to the latest survey by the Canada Mortgage and Housing that the vacancy rate was 1% in October, compared to 0.6% a year earlier . "Quebec's dynamism is a pole of attraction," stated Elizabeth Koulouris. The market analyst in the office of the CMHC Quebec recalls that the region Quebec has the lowest unemployment rate in the country at 4.4%.
Quebec is experiencing a tight housing market for 10 years, "says Koulouris. This rate varied between 0.6% and 1.6%.
In the past year, rents rose an average of 2.3% from $ 655 to $ 675, while in Montreal, the increase reached 3.4%. In the metropolis, the vacancy rate has ranged upward to 0.2%.
The cost of rent two rooms at $ 692 is still well below the national average which stands at $ 860. Rent two-bedroom rents for $ 1,195 in Vancouver, $ 1,123 to Toronto, $ 1015 in Edmonton, and $ 1,048 in the Ontario part of Ottawa-Gatineau.
These figures give arguments to the Popular Action Front in urban redevelopment (FRAPRU) that continues to seek investment for the construction of 50,000 housing units in five years. FRAPRU has also held the offices of the Minister of Municipal Affairs in Quebec City, Montreal and Thetford Mines, on Thursday morning. The organization finally got an appointment with the Minister Laurent Lessard order to make its claims. According
FRAPRU, the scarcity of housing creates an upward pressure on housing costs, an increase of 34 % In 10 years in the Quebec City region, according to figures from the agency, immediately disputed by the Corporation of property owners in Quebec.
Thus, the Housing Authority comes to a rent increase of 1.1%, a figure used by tenants seeking to challenge a rent increase. For its part, the CMHC said that rents rose 2.9%, which supports the statements of tenant associations who accuse the owners of not meeting the standard set by the Régie.
corporation owners would like everyone uses the same data
