Stabilized Essential terms you should know.

Stabilized A Term You Need to Know

This refers to purpose-built rental projects completed after 2015 that have reached 100% or near-full occupancy at least once, allowing us to accurately assess vacancy rates. These projects are considered stabilized, as they have moved beyond the initial lease-up phase and demonstrate steady tenant retention. This definition excludes buildings still under construction and non-market rentals, such as congregate housing, BC Housing units, and student housing. By focusing on stabilized projects, we provide reliable insights into market trends and performance in the rental sector.

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