December 1, 2017
Prince Edward Island’s CMHC rental vacancy rate dropped 0.9 of a percentage point from 2016 to 1.2% in 2017. The apartment vacancy rates dropped in Charlottetown to 0.9% and Summerside to 2.5 over the same period.
Adapted from Canada Mortgage and Housing Corporation (CMHC), this does not constitute an endorsement by CMHC of this product.
Vacancy Rate – is the ratio of rental units not rented versus the total number of units.