Lethbridge Vacancy Rate

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According to the Wetaskiwin Times Advertiser, CMHC is reporting Lethbridge’s rental vacancy rate is at less than 1%.

Lethbridge is seeing its vacancy rate tighten 2.1 percentage points from 2.7 per cent in 2005 to 0.6 per cent in 2006.

Yet one more reason why high-density residential development should be encouraged in downtown Lethbridge.