Why Scarborough
Stable but fully pricedpopulation +12.6% (5y), 9.2%/yr capital growth.
Drivers
- Population growth+12.6% (5y)
- Capital growth9.2%/yr
- Tight rentals1.0%
- Supply tightening-5.0% YoY
Risks
- At top of budget (93% of cap)
- Thin gross yield (1.5%)