Residential rent in the Greater Moncton CMA increased nearly 11% from 2020 to 2021.
Vacancy rates were extremely small in 2021, with 3-bedroom units having 0% vacancy.
Over half of housing starts from 2019 to 2021 were apartment units. Record-setting, high-density housing starts may ease rental supply shortages.
*New and existing structures of three units and over.