{
  "id": "rental-vacancy-rate",
  "category": "Housing and homelessness",
  "title": "Rental homes available (vacancy rate)",
  "geography": "Victoria census metropolitan area (Greater Victoria)",
  "scope": "region",
  "levels": [
    "Market (private landlords)",
    "Municipal and Provincial housing policy"
  ],
  "plain_question": "Out of every 100 purpose-built rental apartments, how many were empty and available to rent?",
  "value": 3.1,
  "display_value": "3.1%",
  "unit": "% of rental apartments vacant",
  "period": "October 2025 survey",
  "period_start": "2025-01-01",
  "period_end": "2025-01-01",
  "comparison": {
    "previous_period": "October 2024 survey",
    "previous_value": 2.7,
    "change_percent": 0.4,
    "change_unit": "percentage points"
  },
  "trend": "improving",
  "trend_basis": "3.1% in 2025 compared with 2.7% in 2024.",
  "direction_good": "up",
  "right_direction": "A higher number means more rental apartments were available, which generally makes it easier to find one.",
  "caveats": [
    "Covers purpose-built rental apartment buildings with six or more units. Condos, basement suites and houses for rent are not included.",
    "A vacant unit is not necessarily affordable. This number says nothing about price; see average rent.",
    "A single October survey is a snapshot, not an average over the year.",
    "The area is the Victoria census metropolitan area, which is larger than the City of Victoria."
  ],
  "series": [
    {
      "period": "2014",
      "value": 1.5
    },
    {
      "period": "2015",
      "value": 0.6
    },
    {
      "period": "2016",
      "value": 0.5
    },
    {
      "period": "2017",
      "value": 0.7
    },
    {
      "period": "2018",
      "value": 1.1
    },
    {
      "period": "2019",
      "value": 1.0
    },
    {
      "period": "2020",
      "value": 2.2
    },
    {
      "period": "2021",
      "value": 0.9
    },
    {
      "period": "2022",
      "value": 1.5
    },
    {
      "period": "2023",
      "value": 1.6
    },
    {
      "period": "2024",
      "value": 2.7
    },
    {
      "period": "2025",
      "value": 3.1
    }
  ],
  "refresh_frequency": "Annually (survey in October, published in December)",
  "data_published": "2025-12-17",
  "source": {
    "name": "Canada Mortgage and Housing Corporation (CMHC), Rental Market Survey, published by Statistics Canada",
    "url": "https://www.cmhc-schl.gc.ca/professionals/housing-markets-data-and-research/housing-data/data-tables/rental-market",
    "dataset_url": "https://open.canada.ca/data/en/dataset/f0cd8e90-3268-4c58-b43b-98ee71db9b21",
    "table_url": "https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=3410012701",
    "table": "34-10-0127-01"
  },
  "licence": {
    "name": "CMHC Licence Agreement for the Use of Data",
    "url": "https://www.cmhc-schl.gc.ca/about-us/terms-conditions/hmip-terms-conditions",
    "also_listed_as": {
      "name": "Open Government Licence - Canada",
      "url": "https://open.canada.ca/en/open-government-licence-canada"
    },
    "note": "The open.canada.ca record lists this table under the Open Government Licence - Canada; the Statistics Canada table footnote says CMHC's licence governs. Both allow free reuse with attribution."
  },
  "attribution": "Adapted from Canada Mortgage and Housing Corporation, Rental Market Survey (vacancy rate, apartments of six units and over), October 2025. This does not constitute an endorsement by Canada Mortgage and Housing Corporation of this product. Adapted from Statistics Canada, table 34-10-0127-01. This does not constitute an endorsement by Statistics Canada of this product.",
  "retrieved_at": "2026-11-11T06:52:34Z"
}