Despite an increasing number of short term rentals, Fernie’s long-term rental vacancy rate is a relatively stable 3.4 per cent, says a new report by CitySpaces Consulting.
“This is indicative of a relatively healthy market, where there is competition among landlords to attract renters,” said the report.
CitySpaces noted that metropolitan areas of Vancouver and Victoria have rates well below one per cent.
However,
Support local journalism today
Join thousands of other like-minded readers and sign up below to gain immediate & unlimited access to our news for the next 30 days – plus start receiving our newsletters.
Dialogue and debate are integral to a free society and we welcome and encourage you to share your views on the issues of the day. We ask that you be respectful of others and their points of view, refrain from personal attacks and stay on topic. To learn about our commenting policies and how our community-based moderation works, please read our Community Guidelines.
