MERIDIAN REAL ESTATE BOARD
Quarterly Rental Market Summary  2022-Q4
Classification: PUBLIC  |  Geography: MERIDIAN METRO (board-wide)
Coverage: all leased condominium apartments, purpose-built excluded.

Average asking rent, condominium apartments
  Studio .............. not published this quarter
  1 bedroom ........... $2,379
  2 bedroom ........... $3,186
  3+ bedroom .......... sample insufficient

Notes
- Figures are board-wide metro averages. District tables (C-1 Harbour,
  C-8 Civic Core) are available to subscriber members only.
- Do not treat these figures as Core District rents. Historically the
  Core transacts at a premium to the metro average.
- YoY change 1-bed: +24.4%
- Macro: Rate path steepens; investors bid up leased product.

Source URL (sandbox): sandbox://mreb/2022-q4.txt
Released under MREB research licence for non-commercial evaluation.
