Primary Rental Market
Vacancy Rate (%)

By:

  1. Bedroom Type
  2. Year of Construction
  3. Structure Size
  4. Rent Ranges
  5. Rent Quartiles

Display Options:

  1. Centres
  2. Historical Time Periods

Note:

Changes to display settings will reset date settings to most recent data. Available display settings are subject to change based upon data available.

Nova Scotia — Historical Vacancy Rates by Structure Size (Apt. only)

  3-5 Units 6-19 Units 20-49 Units 50-199 Units 200+ Units Total
1990 October 4.0 b 5.4 b 3.6 a 2.9 a 1.6 a 3.8 a
1991 October 4.6 b 7.4 b 5.2 b 4.1 a 1.7 a 5.1 a
1992 October 4.3 c 7.0 b 6.9 b 4.7 a 2.8 a 5.7 a
1993 October 5.1 b 6.1 b 7.0 b 6.4 a 1.9 a 6.0 a
1994 October 6.2 b 7.5 a 6.8 b 7.1 a 2.4 a 6.7 a
1995 October 6.5 b 8.6 b 7.9 b 7.4 a 5.0 a 7.6 a
1996 October 9.0 b 10.5 a 9.1 b 7.0 a 5.2 a 8.6 a
1997 October 7.3 b 11.7 a 8.3 a 7.0 a 1.8 a 8.3 a
1998 October 6.9 b 8.4 b 6.2 b 4.1 a 1.1 a 5.9 a
1999 October 6.0 b 6.2 b 4.5 c 2.4 a 0.1 a 4.2 a
2000 October 6.2 c 6.5 b 4.6 c 1.9 a 0.1 a 4.2 a
2001 October 4.8 b 5.0 b 3.6 c 1.8 a 0.3 a 3.3 a
2002 October 4.4 c 4.8 b 3.0 b 1.6 a 1.7 a 3.0 a
2003 October 3.9 c 3.4 b 4.0 c 1.0 a 0.9 a 2.6 a
2004 October 3.8 c 4.6 b 3.6 a 1.6 a 1.1 a 3.0 a
2005 October 4.3 c 4.5 b 4.2 a 2.4 a 1.1 a 3.4 a
2006 October 5.1 b 4.7 b 3.7 a 1.8 a 3.0 a 3.3 a
2007 October 4.0 c 4.7 b 3.9 a 1.9 a 0.9 a 3.2 a
2008 October 3.6 b 4.7 b 4.0 a 2.8 a 1.7 a 3.5 a
2009 October 4.3 b 3.8 a 3.5 a 2.3 a 0.9 a 3.1 a
2010 October 4.1 b 3.8 b 2.9 a 2.2 a 0.6 a 2.9 a
2011 October 3.0 b 3.6 a 2.8 a 2.2 a 1.4 a 2.7 a
2012 October 3.9 b 4.5 a 3.3 a 2.8 a 1.7 a 3.4 a
2013 October 4.7 b 4.8 a 3.9 a 3.0 a 1.9 a 3.7 a
2014 October 5.5 b 5.1 a 4.1 a 3.3 a 3.3 a 4.1 a
2015 October 6.4 b 5.1 a 4.1 a 2.6 a 3.2 a 3.8 a
2016 October 4.6 b 4.6 a 3.0 a 2.1 a 1.2 a 3.0 a
2017 October 4.9 b 3.1 b 2.5 a 2.0 a 2.7 a 2.6 a
2018 October 2.9 b 3.8 b 1.5 a 1.4 a 0.6 a 2.0 a
2019 October 2.8 b 1.9 a 1.0 a 1.1 a 0.7 a 1.4 a
2020 October 4.3 c 2.1 a 1.6 a 1.7 a 3.8 b 2.1 a
2021 October 2.7 c 1.8 a 1.4 a 0.8 a 0.8 a 1.2 a
2022 October 2.8 c 0.8 a 0.9 a 0.9 a 0.7 a 1.0 a
2023 October 2.4 c 1.7 b 1.0 a 0.7 a 0.7 a 1.1 a
2024 October 2.6 c 1.6 b 1.5 a 2.2 a 2.5 a 2.0 a
Notes:
  • The following letter codes are used to indicate the reliability of the estimates: a — Excellent, b — Very good, c — Good, d — Poor (Use with Caution))
  • ** — Data suppressed to protect confidentiality or data not statistically reliable
  • ++ — Change in rent is not statistically significant. This means that the change in rent is not statistically different than zero (0). (Applies only to % Change of Average Rent Tables).
Source: CMHC Rental Market Survey (opens in new window)