The City of Vancouver also saw its prices increase to $2,541 for the average one-bedroom, unfurnished unit. Prices for an unfurnished one-bedroom unit climbed to $3,003 this month. West Vancouver had the most expensive prices for one-, two- and three-bedroom unfurnished units. Several Metro Vancouver municipalities saw fairly substantial changes to their average rental prices for unfurnished, one-bedroom units this May. Photo via liv.rent Metro Vancouver apartments for rent: Average rent by listing type "Demand is still high in Canada’s major rental markets, so it’s looking like prices will continue to rise or at least hold at their current levels throughout 2023."Ĭanada's top five priciest markets are located within Metro Vancouver this month. "Despite a recent halt to the Bank of Canada’s interest rate increases, prices remain high across Canada this month," note the report's authors. Liv.rent says that the rising rental prices have coincided with the beginning of the busy summer renting season. Costs increased in April, climbing by $55 to $2,208. Rental prices in the region saw two consecutive price declines in February and March but the top five priciest markets were located in the Lower Mainland. Since May 2022, the average rent for an unfurnished, one-bedroom unit in Metro Vancouver has increased by $302. ![]() The average price for an unfurnished, one-bedroom rental unit in the region has climbed to $2,318, up $55 from $2,263 in May, according to liv.rent's latest report. Metro Vancouverites hoping for a reprieve from sky-high rental prices won't catch a break this month.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |