Rents in Vancouver jumped 15% in 2021 compared to the previous year, reaching an average of $2,519, according to data published by Rentals.ca. The effect is to push housing in one of Canada’s most expensive cities even further out of reach. Catherine Urquhart reports.
- Average rents up 3% across Canada in 2021, CMHC says
- Highest increase in Canada: Rent for one-bedroom apartment soars to $2,176 in Vancouver