BC Rental Market

• B.C. rent affordability an increasing problem as Canada’s national vacancy rate declines

  The report from Canada Mortgage and Housing Corporation(CMHC), showed supply was unable to keep up with demand in major markets across the country.

  Economy

  Jan 31, 2024
  
• 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.

  Economy

  Aug 15, 2023
  
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• B.C. family evicted for demolition but found new tenants were moved in

  Chelsea Langlois told Global News she had to move her family of four out of their rental home in Langford when she was notified it would be torn down for development.

  Economy

  Jul 14, 2023
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• B.C. opens $500M-fund to help non profits buy rental buildings, keep rent affordable

  More than 97,000 units where the rent was below $1,000 a month were lost between 2016 and 2021 as they were converted to condominiums, demolished or the price of rent went up.

  Politics

  Jun 28, 2023
• More B.C. renters are spending half their income on housing than anywhere else in Canada: Index

  As 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.

  Economy

  Jun 19, 2023
• Housing summit for B.C. municipalities begins day after premier lays out multibillion-dollar plan

  The summit will explore regulation of short-term rentals, local financing opportunities, rezoning, supply-boosting, speculation challenges, homelessness, and more.

  Politics

  Apr 4, 2023
• ‘They still house people’: Renovated SROs welcomed as part of DTES plan, but advocates call for more

  News of the newly-renovated SRO units for Downtown Eastside residents comes just months before 98 modular units in downtown Vancouver are slated to close.

  Politics

  Mar 29, 2023
• Vancouver couple says rent is increasing by 20% due to their newborn baby

  Vancouver renter Victoria Walsh admits their rental agreement did say an additional occupant would mean a rent increase, but she did not think it applied to a newborn baby.

  Politics

  Feb 16, 2023
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• It’s now $2,471 a month on average to rent an apartment in B.C.: report

  A new report by Rentals.ca has found that in January, Alberta experienced the highest annual rent increase for apartments with 14.6 per cent growth. But B.C. was close behind.

  Economy

  Feb 16, 2023
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• B.C. landlords will now have to pay tenants interest on their damage deposit

  B.C.'s tenancy laws have required landlords to calculate interest on security deposits for the past 40 years, but the prime interest rate has been below the threshold since 2009.

  Economy

  Feb 1, 2023