New Brunswick Rental Market Report

This report from the Canada Mortgage and Housing Corporation (CMHC) is a detailed summary of the results of their yearly rental property survey in New Brunswick. In this report, you will find statistics relating to rental costs and availability, and how these are affected by job and population growth.

Highlights of this report include:

• The overall vacancy rate increased to 6.2% in April of 2012, compared to 4.5% the year before
• Overall average rent came in at $668 in New Brunswick's urban centres
• Fredericton and Moncton were the only urban centres in the province where the average rent exceeded the provincial average

Click here for the full report from the CMHC.