Vacancy rates significantly decline in Red Deer

  • Feb. 1, 2012 3:45 p.m.

The vacancy in Red Deer has seen a significant decline in the past years and continues to move in that direction.

In Red Deer vacancy rates are now at 3.2%, which is down from 7.5% in previous years and varies from different bedroom types and housing styles.

“The fact there was a stronger economy has contributed to the lower vacancy due to things such as new jobs created as well as migration to the City,” said Regine Durand with Canada Mortgage Housing Corporation (CMHC).

According to Durand about 12,000 immigrants moved to the province last year, and a significant number of those have moved to Red Deer.

Stacey Carmichael, director of programs at the Safe Harbour Society in Red Deer says the vacancy rate depends on a number of factors.

“In the past year vacancy rates have fallen I am going to guess a better 50 per cent or more and rent has remained the same,” said Carmichael.

For a number of low-income families or immigrants it may prove hard to find a reasonably priced place to rent this year in the City.

“Competition is stiffer to access units so individuals who are struggling with challenges or even with issues of poverty are going to have a hard time to find places to rent,” sais Carmichael.

Carmichael said for Safe Harbour that means people are going to have to stay in shelters a lot longer or require more support in order to access housing.

“Our numbers have been reduced some what because of the programs we are able to provide, but there are reports from the front line staff that access to housing is creeping up again,” said Carmichael.

She added a year ago it was easier to help find someone a place to live compared to now.

“Now it is more difficult and landlords are being more choosy on who they want to rent to.”

“When rental vacancy rates go down it impacts individuals in our community who have barriers to access housing and we are seeing a lot more seniors now. It fluctuates and if we have access to housing I think we can control the number of people who become homeless and get them a roof over their head more quickly,” said Carmichael.

Safe Harbour also has programs in the community that work with landlords to help support tenants.

“We work with the Red Deer housing teams so they help individuals who might not be able to find housing and they make sure the rent is paid and that they are good tenants,” said Carmichael.

“We can’t really control vacancy rates, but they do have a significant impact to the most vulnerable people in our community.”

tsigurdson@reddeerexpress.com

Just Posted

UPDATED: Red Deer will officially be the home of the Canadian Finals Rodeo

CFR has potential to bring in an economic impact of $20-30 million

WATCH: Innisfail’s Berkley the bear celebrates first birthday

Discovery Wildlife Park’s newest Kodiak is excited for life this winter

Tyler Steenbergen etches his name into Canadian hockey history

Sylvan Lake native scores huge tournament-winner at World Juniors

City council supports $25,000 for Downtown Community Development Committee

Funding supports stakeholders in developing programs enhancing downtown safety

Red Deer’s Gord Bontje gives $500,000 to A Better World

Co-owner of Laebon Homes gives the gift to celebrate 60th birthday

WATCH: Red Deer Entertainment Awards honours Red Deer’s burgeoning talent

The awards looks to become more inclusive of the entire entertainment scene in year three

How an immigrant to Canada helped Donald Trump prove his mental health

Test that cleared Trump was developed by doctor associated with McGill and Sherbrooke universities

Ice dancers Virtue and Moir to carry flag for Canada at 2018 Olympics

The pair earned a gold medal at the 2010 Vancouver Olympic Games

Diplomacy on agenda at North Korea summit in Vancouver

Foreign ministers from 20 countries are meeting Tuesday to discuss security and stability on the Korean Peninsula.

Kids chained in Calif. house of horrors; parents arrested

Authorities say an emaciated teenager led deputies to home where her 12 brothers and sisters were locked up in filthy conditions

‘Reprehensible’: Trudeau abortion policy raises ire of U.S. right

“This man is reprehensible,” tweeted former White House staffer Sebastian Gorka

‘I shouldn’t have to have a husband:’ Winnipeg woman criticizes men-only club

Jodi Moskal discovered the Winnipeg Squash Racquet Club continues to ban women as members, as it has done since opening in 1909.

Japan public TV sends mistaken North Korean missile alert

The false alarm came two days after Hawaii’s emergency management department sent a mistaken warning

Toronto girl dies after being pinned between vehicles while picked up from school

Police say an SUV with no driver in it rolled forward and pinned the girl against her father’s car

Most Read