Quote:
Originally Posted by braymondg
Hi All
Bedford_DJ, I did find info about this and I posted it here with a description, and for some reason it didn't post. Now I can't seem to find the information that I originally had. Hate when that happens!! However, I did find this regarding the national average for Commercial vacancy rates is about 5.0%. Calgary is the lowest at 2.6% and Charlottetown is positioned just above the national average at 5.3%. I'll try and get that info again but it took me a little work on the web to find it.
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Thanks "braymondg"
5.3% vacacy isn't too bad. Halifax is sitting at ~3.0% and last I heard Moncton and SJ are low too. So slightly higher than the Maritime average but still at a good rate.
So with a rate like that a fair number of buildings could be affected by the new assesment rate I guess.
Don't worry much about finding the information again. I was just trying to get a general idea of the rate.