National vacancy levels remain healthy as we move into Q3, supporting strong income stability for owners and investors active in the Canadian apartment market.

After a sluggish opening three months in the GTA, the second quarter rebounded convincingly to reach its fifth best quarter of all-time in dollar volume, totaling $3.6 billion

Apartment transactions totaling $328 million contributed12 per cent to the overall first quarter dollar volume, with 37 properties trading in excess of $1 million.