In much the same way seasons affect our moods, fashion and food choices, the seasons also affect the rental cycle.

In the real estate industry, this is referred to as the “ebb and flow”.

For instance, summer is typically the “hot” time in the market and is when vacancy rates really tighten up.

In the hot months, people prepare to make life changes and are also on holidays and have time to attend inspections.

University students who have finished school, are looking to enter the workforce and relocate close to work and people like teachers and military staff, are reassigned to new locations.

In winter and autumn, the rental market hibernates just like a sleeping bear.

People generally don’t want to move during the cold weather, their positions are generally stable and kids are firmly entrenched in school.

There are generally more rentals available and tenants may be able to negotiate better terms, if the owner is facing long vacancy times.

In spring, people are often too busy to shop for a new home, because of the impending Christmas season, end of year functions, events, shopping and holidays.

The end of Christmas heralds the beginning of the active summer rental season.

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