October sees Metro Vancouver’s average rent prices continuing to rise, albeit just barely. As the dust settles following the busy summer renting season, we’re starting to see rent prices settle in once again, just above the $2,250 mark. Between September and October 2022, Metro Vancouver’s average rent climbed just $9, from $2,247 to $2,256 this … Read more
Metro Vancouver’s rental averages vary greatly across the region, so we’ve broken up our data by municipality/city to compare the cost of one-, two-, and three-bedroom rates for both furnished and unfurnished units in different areas.
Metro Vancouver’s housing market is experiencing a quieter summer season marked by reduced sale and listing activity. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,870 in August 2022, a 40.7 per cent decrease from the 3,152 sales recorded in August 2021, and a 0.9 per cent … Read more
Following a slight dip in July, Metro Vancouver’s rent prices are heating up again with a huge $147 increase in average rent since last month. Soaring all the way from $2,029 in July to a sky-high $2,176 this August, Vancouver’s rental market looks to continue its ascent as both landlords and renters adjust to increased … Read more
July brings a welcome cool-off period for Metro Vancouver’s rent prices, with a slight drop from $2,056 in June to a new average of $2029. This $27 decrease comes after months of steady increases, signaling that the region’s rental prices may have peaked — or at least temporarily settled in at these new highs. Vancouver … Read more
June once again sees a significant increase in Metro Vancouver’s average rent prices heading into the summer months. This month, the average rent for an unfurnished, one-bedroom unit across the region has climbed a further $40 to reach another new all-time high of $2,056. Vancouver itself experienced larger than usual changes this month, although prices were comparatively … Read more