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 Rent Quartile

  Vacancy Rate (Q1) Vacancy Rate (Q2) Vacancy Rate (Q3) Vacancy Rate (Q4)
2012 October 5.3 a 4.2 a 2.5 a 2.0 a
2013 October 4.6 a 4.3 a 3.0 a 3.1 b
2014 October 5.4 a 4.4 a 3.4 a 4.2 a
2015 October 5.7 a 4.1 a 2.7 a 2.8 a
2016 October 4.7 a 3.5 a 2.0 a 2.1 a
2017 October 3.9 b 2.4 a 1.9 a 2.3 a
2018 October 4.1 b 1.6 a 1.2 a 1.1 a
2019 October 2.7 a 1.2 a 0.9 a 0.7 a
2020 October 2.9 a 1.2 a 1.7 a 2.4 b
2021 October 1.9 a 0.9 a 1.1 a 1.0 a
2022 October 0.9 a 0.8 a 0.7 a 1.6 a
2023 October 1.1 a 1.2 a 0.8 a 0.6 a
2024 October 0.5 a 1.1 a 1.8 a 3.4 b
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)