
rental market


Metro Vancouver housing figures underscore massive gap in affordable units
The latest housing report from Metro Vancouver underscores the significant gap between current affordable rentals and the number of units required to prevent more people from falling into homelessness, the head of the BC Non-Profit Housing Society said as the district released its data Friday.

One year after B.C.’s short-term rental crackdown, has it made housing cheaper?
Marv Gandall says living in one of Victoria’s largest residential buildings a year ago meant a parade of people with suitcases, stuffed visitors parking and slow elevators.

Average asking rents decrease for sixth straight month to $2,119: report
A new report says the national average asking rent in March was $2,119, marking the sixth straight month of year-over-year declines.

B.C. touts speed of major housing program to mark one-year anniversary
British Columbia’s government celebrated the first anniversary of one of its cornerstone housing programs at the groundbreaking of a 179-unit rental building in North Vancouver, which it says went from concept to construction in 14 months.

Competition Bureau says it’s probing whether landlords are using AI to set rents
The Competition Bureau has confirmed it’s investigating the possible use of AI-driven algorithmic pricing in Canadian real estate rental markets.

Montreal tightens rules for short-term rentals, including primary residences
Montreal is further tightening restrictions around short-term vacation rental platforms by boosting the number of inspectors and limiting when people can rent out their primary residences.

‘Turning point’: Rent prices should see relief this year, but markets still tight
For Canadian renters, it may feel like the years since the COVID-19 pandemic have brought one hit after another.

B.C. launches short-term rental registry with annual fees to rein in ‘speculators’
British Columbia is launching a registry for short-term rentals to further crack down on “speculators” operating illegally, said Housing Minister Ravi Kahlon.

Average rents across Canada fall to lowest level in over a year
The average asking rent across Canada fell to $2,109 in December, marking its lowest point in 17 months, according to the latest data from Rentals.ca and Urbanation.