Key Findings „„ The overall vacancy rate was 2.4%, down from 3.8% in October 2016, as rental demand grew more than supply. „„ Rental demand increased due to fewer renters transitioning into homeownership, 25 to 44 year olds forming a greater number of rental households and more student renters in the region. CLICK HERE FOR REPORT: https://www.cmhc-schl.gc.ca/odpub/esub/64391/64391_2017_A01.pdf