People looking to rent in Niagara are having a hard time finding a place.
The latest stats from the Canada Mortgage and Housing Corporation peg our vacancy rate at 2.5% this year which is higher than last year, but still considered a low number.
The average rent for a one bedroom in the region sits at about $871 and $1036 for a two bedroom.
Senior Market Analyst from CMHC Anthony Passarelli says people who would like to buy a home and move out of the rental market are prevented by high home prices and increasing mortgage rates.