Work is being completed on the University of Victoria’s new residence hall, which will be ready to welcome 400 students in September.
Other students said they’d looked for four months or more to find a place to live, with several noting the prices are significantly higher closer to campus. Pershing Sun works for CMHC. She notes new purpose-built rentals in the region are down this year compared to last. The CMHC’s latest numbers show a vacancy rental rate of one per cent in Victoria — slightly worse than Vancouver’s rate of 1.2 per cent vacancy.
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