Saturday, December 20, 2008

No Relief for Renters

So I'm reading the Saanich News and what do I see:

"No Relief for Renters"

The cost of rental housing edged higher in Greater Victoria through the fall while the region's vacancy rate remained unchanged at 0.5 per cent. The average cost of renting a one bedroom apartment in October rose by $50 to $764, compared to $716 in October 2007, according to data released from the Canadian Mortgage and Housing Corporation. The average price for a bachelor suite rose $37 to $626, two bedrooms increased $58 to $965 and three bedrooms were $124 more expensive with average rents reaching $1 180.

Give us a call and we can show you how to take advantage of this.

Krista and Sherri

www.lawlessbrown.com

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