The Better at Home program aids seniors’ independence in their homes and communities

Vacancy rate for seniors housing tumbles in Chilliwack

Provincewide decline for fourth straight year in vacancy rate for independent living

The unprecedented real estate market in B.C. has had a number of spinoff effects, including the creation of a rental crisis, but the latest may be the availability of independent living for seniors.

The vacancy rate for independent living spaces declined in B.C. for the fourth consecutive year, according to the Canada Mortgage and Housing Corporation’s (CMHC) 2016 Senior Housing Report.

The provincial rate decreased from 9.1 per cent in 2015 to 6.3 per cent in 2016, according to CMHC.

In the Chilliwack/Agassiz/Hope area it was even more pronounced as the vacancy rate fell from 10.6 per cent in 2015 to six per cent this year.

“The main driver for this is the growing seniors population and in some areas, a strong resale market that has made it easier for seniors to sell their homes and move into facilities that better suit their needs,” according to CMHC analyst Richard Sam.

The area saw a reduction of bachelor suite availability from 6.5 per cent to 2.9 per cent and for one bedroom units from 11.9 per cent to 5.3 per cent.

Units below $1,900 a month were already hard to come by in Chilliwack/Agassiz/Hope and the vacancy rate fell from 2.7 to 2.4 per cent. But more dramatic was a decrease in the availability of units in the $1,900 to $2,399 range as the vacancy rate fell from 11.9 per cent to 3.8 per cent.

There are 15 residences in the Chilliwack/Agassiz/Hope are with 969 residents. The estimated population of those over 75 in the area is 9,522.

Average rents, however, have changed negligibly with an average of $2,302 per month in 2015 to $2,314 in 2016.

The local costs are far below the Lower Mainland average, which hit $3,239 per month.

Just Posted

Wildfire threatens weekend campers at Chehalis Lake

The fire started on the north side of Chehalis Lake Saturday

PET CARE: Canada Day tips for our pet’s anxiety

Columnist Nicolette Joosting examines different ways to help your pets relax through the celebration

Fraser Valley author launches second crime novel

Seamus Heffernan releases book Ten Grand on June 27 in Abbotsford

Agassiz author pens a kingly book

Long-time writer and producer Alexander Hamilton-Brown just finished his first novel

Chilliwack judge veers from joint submission, bumps up sex assault sentence

‘I find the joint submission is contrary to the public interest and I’m rejecting it’

VIDEO: Reading splashes into Agassiz’s Ferny Coombe Pool

The Agassiz Library held its annual Reading in the Pool event Friday, June 14

Canadian communities responding to climate change

New research highlights state of local adaptation planning in Canada

Victoria woman in L.A. hospital after she was run over twice

Lynn Phillips has suffered from multiple broken bones and internal bleeding

‘Text neck’ causing bone spurs to grow from millennials’ skulls, researchers say

Technology use from early childhood causing abnormal bone growths in 41 per cent of young adults

Woman found after absence from forensic psychiatric hospital in Coquitlam

Barbara Tom was reported on an unauthorized absence from Brookside Treatment Centre

Tiny Yorkshire terrier survives days on remote B.C. island

ROAM rescue crews, family searched for dog, missing in Greater Victoria for days

Man presumed dead after boat capsizes in Columbia River

Search and rescue efforts recovered a life jacket

Crews fight wildfire along Sea-to-Sky Highway

A cause has not been determined, although a downed power line is suspected

PHOTOS: Event marks one year since soccer team rescued from Thai cave

Nine players and coach took part in marathon and bike event to help improve conditions at cave

Most Read