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Waterloo Region Connected  /  Land Development and Real Estate  /  University Area v  /  General University Area Updates and Rumours


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General University Area Updates and Rumours
taylortbb Offline
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#223
11-28-2017, 05:25 PM
(10-12-2017, 11:18 PM)Pheidippides Wrote: City of Waterloo Finance agenda (page 66) has a report on student housing.

Predicts a potential surplus of 1,060 beds with an additional potential of 7,114 beds still coming down stream.

And new data is out: http://kitchener.ctvnews.ca/waterloo-reg...-1.3697898

Looks like Waterloo Region has declining rental vacancy (now below 2%) combined with increasing rents, despite a substantial increase in supply of over 2000 units (a 6.9% increase). Not sure on the timeframe, but all the numbers are over the same one so they should be comparable. I really don't think this "student housing surplus" exists based on the data.
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RE: General University Area Updates and Rumours - by taylortbb - 11-28-2017, 05:25 PM

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