State of the Industry Market universe of rental units Primary Secondary
0
2000
4000
6000
8000
10000
St. John’s Saint John, NB
15,695 Rate Type
Oct '19
Oct '20
YOY
Bach
1BR
2BR
3BR+
Vacancy Rates
3.3%
3.1%
-0.2%
4.6%
3.1%
2.8%
3.5%
Average Rents
$764
$788
3.1%
$567
$701
$825
$854
*% Chg 3.7% Avg Rent
3.6%
-0.1%
**
3.3%
3.4%
3.3%
63%
37%
TOTAL RENTAL HOUSEHOLDS 4th
Primary
Largest Market in Eastern Canada
Secondary
Market universe of rental units Primary Secondary
0
St. John’s
4000
6000
8000
10000
11,960
Fredericton
29%
Rate Type
Oct '19
Oct '20
YOY
Bach
1BR
2BR
Vacancy Rates
1.4%
2.5%
1.1%
3.5%
2.8%
2.6%
Average Rents
$933
$963
3.2%
$686
$815
$979
$1,217
*% Chg 4.3% Avg Rent
2.6%
-1.7%
2.2%
3.6%
3.2%
2.0%
3BR+
71%
TOTAL RENTAL HOUSEHOLDS
1.1%
5th Primary
14 – theANNUAL
2000
Largest Market in Eastern Canada
Secondary
* Estimate of Percentage Change of Average Rent for units reported in both 2019 and 2020. ** Indicates data suppressed to protect confidentiality or data not statistically reliable.