Vancouver continues to be the most expensive city to rent above Toronto. Average rent for an unfurnished one-bedroom in downtown Vancouver is over $2000 per month, so if you spend no more than 30% of your income on rental housing, you'd have to make more than 80,000 per year to comfortably afford to live here. From June to July, rents are more or less unchanged with a few outliers: unfurnished 3-bedroom average ...
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Rental Trends in June 2021 June has arrived in Vancouver and with it comes a new sense of optimism for the future. Folks are getting vaccinated, shops and restaurants are slowly returning to business as usual, and we're now officially halfway through 2021 which has been yet another challenging year for the city. Even liv.rent is excited for the future, especially after our pay by bitcoin feature launch this month. Riding ...
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Rental Trends in May 2021 We can't believe it's already May and here we are almost halfway into 2021. This month, we're looking at the latest realities of the cost of rent in Metro Vancouver and we have a fresh crop of new data to share. You can get the latest updates on the Vancouver rental market straight to your inbox when you subscribe to keep on top of the latest rent ...
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Rental Trends in April 2021 Spring is here and with it comes new rental market realities. We're taking a look at the true cost of rent in Metro Vancouver with a fresh bouquet of new data for you. You can get the latest updates on the Vancouver rental market straight to your inbox when you subscribe to keep on top of the trends while we continue to see the effects of COVID-19 ...
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Rental Trends in March 2021 As March begins, we're taking an up-to-date look at the real cost of rent in Metro Vancouver in 2021 based on data from our own liv.rent platform and other listings websites. This month marks a solemn anniversary as it's been about a year since the COVID-19 pandemic changed our everyday lives here in Canada and beyond. But, this month has some bright spots — spring is ...
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Rental Trends in February 2021 Now a month into 2021, COVID-19 restrictions continue to have Vancouverites working and studying from home. The vaccines are continuing to roll out, but precautions are still being taken to protect homes against the virus. We're taking an up-to-date look at what the cost of rent in Metro Vancouver in 2021 is based on data from our own liv.rent platform and other listings websites. Based on what ...
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Vancouver's Rental Housing Market weathered the perfect storm of pandemic induced events in 2020. Thanks to federal and provincial government supports for renters and landlords along with eviction bans, the situation wasn't as dire for Vancouverites as forecasted. This is not to say, however, that there weren't some challenges. With international students returning to their home countries, travel restrictions being imposed and immigration slowing to a trickle, demand for rental ...
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Rental Trends in January 2021 As we say good riddance to a historic year and welcome 2021, many Vancouverites continue to work and study from home as COVID-19 vaccines begin to roll out around the world and we look ahead to a brighter future. To kick off the new year, we take a closer look at the reported average rent prices across the Greater Vancouver Area for December, based on data ...
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Rental Trends in December 2020 As we enter enter the final month of an unusual year, Vancouverites have grown accustomed to working and studying at home. Businesses have adjusted to COVID-19 restrictions and continue to persevere. As we take a closer look at the reported average rent prices across the Greater Vancouver Area for December, based on data gathered from numerous listing websites and our own liv.rent platform, we see some ...
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Rental Trends in November 2020 As we enter the winter months, more Vancouverites have returned to work and some government COVID-19 supports have ended. With this in mind, we take a closer look at the reported average rent prices across the Greater Vancouver Area for October. Based on data gathered from numerous listing websites and our own liv.rent platform, our rent reports seek to identify and share key market data ...
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