Vancouver Rental Market
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Vancouver on track to see home price stabilization amid higher borrowing costs: BoardThere were 3,943 new listings last month, a roughly 18 per cent increase from a year earlier, but new listings remained 5.3 per cent below the 10-year seasonal average.EconomySep 5, 2023
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Video mocks viral TikTok showcasing $2,000 SRO rental in VancouverCreator Trey Helten, who manages the Overdose Prevention Society (OPS), said he and other DTES residents “wanted to show the whole truth.”EconomyAug 28, 2023
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Tenants feel ‘real fear’ as rent for one-bedroom in Vancouver exceeds $3K"We don't honestly have sufficient protection of their tenancies in the law right now," said Robert Patterson of the Tenant Resource and Advisory Centre.EconomyAug 15, 2023
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More B.C. renters are spending half their income on housing than anywhere else in Canada: IndexAs of 2021, the index found that 11 per cent of B.C. renter households were also living in "overcrowded conditions," an increase of 21 per cent from 2016.EconomyJun 19, 2023
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Renters might soon feel the pain as their landlords post losses. Here’s whyMost real estate investors in Toronto were losing money on their properties last year, a new report finds. Here's why that pressure might hurt renters in the long term.MoneyMay 30, 2023
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Average rents up 3% across Canada in 2021, CMHC saysNational rental prices were up three per cent year-over-year in 2021, according to CMHC, with affordability eroding fastest in Vancouver and Toronto.MoneyFeb 18, 2022
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B.C. rental crisis goes far beyond impact of short-term rentals, experts sayHousing experts said tax revenue generated by Airbnb is a small return for a province where families struggle to find affordable homes.Nov 10, 2019
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Vancouver rental apartment building sell-off a sign of unsettled industryLandlords argue rent controls and slow approvals are scaring investors and strangling the market.Sep 27, 2019
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Monthly rent across Canada expected to rise — especially in these 3 cities: reportThe average rental rates could increase by six per cent year over year on a national basis in 2019, according to a report from Rentals.ca.ConsumerJan 4, 2019
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Vancouver council approves motion to protect tenants from renovictionsLandlords will be required to offer displaced tenants the chance to temporarily move out during a renovation without their lease ending or their rent increasing.Dec 5, 2018
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