We were on CBC News! Check it out here! (story around the 11 minute mark).
The story is about September student housing availability in Halifax. As we previously reported, Halifax's vacancy rate dropped 1% this year, down from 3.5% in previous years. Combined with the regular September crush of students looking for apartments in the central Halifax area, the decrease in vacancy rates has caused tougher competition this year than most.
Additionally, the average rental price for a 2 bedroom apartment in Halifax has also increased 4.5% in the past year alone, which is well beyond the rate of inflation. This is further adding stress to student apartment hunters who face increased rates and less availability.
As a result, we recommend students consider looking for apartments further away from the traditional city core. For example Fairview / Clayton Park and Dartmouth. Students can take advantage of their U-PASS (public transport pass), which provides more affordable accommodations that are still a reasonable commute away.
If you're still looking for a last minute apartment and are started to get stressed, remember to try our Rental Alerts. You'll be notified as soon as a new rental is listed that matches your criteria, allowing you the best chance of jumping on it before anyone else.