MERIDIAN REAL ESTATE BOARD
Quarterly Rental Market Summary  2023-Q3
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 ........... $2,648
  2 bedroom ........... $3,542
  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: +18.2%
- Macro: Historic asking-rent peak. Completions lag demand.

Source URL (sandbox): sandbox://mreb/2023-q3.txt
Released under MREB research licence for non-commercial evaluation.
