Average rents in B.C. fell 5.7 per cent in the second quarter of 2026, one of the steepest declines in Canada, according to a new report from Rentals.ca and Urbanation.
Average rents in British Columbia fell 5.7 per cent in May from a year earlier, as the province lost its position as Canada's most expensive rental market to Nova Scotia.
Average asking rents in British Columbia dropped 5.1 per cent in March from a year earlier, even as the province remained the most expensive rental market in Canada.
Rents in British Columbia continued to decline in February, falling 4.9 per cent compared with a year earlier, according to the latest report from Rentals.ca and Urbanation.
British Columbia and Alberta saw the largest declines in the price of apartment rentals over the past year, although B.C. remained the most expensive province for renters.
The B.C. NDP is promising millions of dollars in new investments in clean energy and climate programs if re-elected, while warning a Conservative government would roll back environmental protections.Â
The Vancouver Island Real Estate Board recorded 13 per cent fewer home sales in September than a year earlier, while benchmark prices remained relatively stable.
B.C. NDP Leader David Eby is facing criticism after confirming his family benefited from a $10-a-day child care program his government froze to new providers.
