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Vacancy Rates

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Description
Vacancy rates are a measure of rental supply and demand. A high vacancy rate means there are more housing units available for rent than people need. A low vacancy rate means there are more people that need rental housing than there are units available. Our tables and charts feature vacancy rate data for Peel, Toronto CMA, Brampton and Mississauga. No data is available for Caledon because its rental market is too small.

Category: Demographics
Group Name: Economic Activity
Data Steward: Canada Mortgage and Housing Corporation (CMHC)
Data Custodian: Service Innovation, Information & Technology Department, Information Management Division, Peel Data Centre
Data Currency Comments: Updated: April 2017
Frequency: Yearly
Data Accuracy Comments: Vacancy rates are calculated by dividing the number of vacant units by the total number of units. A unit is considered 'vacant' if it is unoccupied and ready to be rented. Vacancy rate data applies only to rental units that are part of a building that has at least three rental units. We receive vacancy rate data as part of the Rental Market Report, which is published annually by the Canada Mortgage and Housing Corporation (CMHC). This data is reported for the Toronto CMA on a municipal basis.
Attributes: Mississauga,Brampton
Geographic Coverage: Peel, Toronto CMA, Brampton and Mississauga
Contact: open.data@peelregion.ca
Coordinate System:
Further Information: Peel Data Centre - Vacancy Rates

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