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Residential Leasing Market Snapshot – 1Q18

Rents rose between 0.5-0.9% in the first three months of 2018. Mid-levels, a traditional luxury district, was a leasing hot-spot for a second consecutive quarter, with the highest demand coming from tenants working in the banking and finance, and retail sectors.

Our lease-o-meter shows a "warm" reading for the quarter, as leasing picked up after the holiday season lull.

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