rental market

(Contributed/Zumper)

Kelowna’s rental rates 4th highest among Canadian cities

The price of a two-bedroom apartment in Kelowna is only $70 less than in Toronto

 

(Black Press file photo)

B.C. rent rates highest in Canada, Vancouver remains country’s most expensive city: report

The average rent British Columbians paid in September was $2,108 per month

 

Condo and office towers fill the downtown skyline in Vancouver on March 30, 2018. THE CANADIAN PRESS/Darryl Dyck

Canadian office vacancy rate hits highest level since 1994

Vancouver has lowest vacancy rate as COVID-19 fourth wave slows expected return to work

 

An aerial view over downtown Victoria and the Inner Harbour. In July 2021, the average monthly cost of a one-bedroom rental in Greater Victoria was $1,756, according to Rentals.ca. (Black Press Media file photo)

One-bedroom rental in Vancouver will cost you $2,100 a month, tops in Canada

Average rate for July one-bedroom rentals in Greater Victoria up 8.7 per cent over June

An aerial view over downtown Victoria and the Inner Harbour. In July 2021, the average monthly cost of a one-bedroom rental in Greater Victoria was $1,756, according to Rentals.ca. (Black Press Media file photo)
The real estate market is hot in Vernon, and across the Okanagan. (John Dent photo)

North Okanagan home prices, demand continue to build

Single family home volumes up 200 per cent, worth average $647,000

The real estate market is hot in Vernon, and across the Okanagan. (John Dent photo)
Vikki and Don Holmberg with their three children Marshall, Ava and oldest Lexi who now lives on her own. The Penticton family is facing the prospect of homelessness after their rental home was sold, leading them to ask the community for help. (Contributed)

‘There’s just nothing’: housing crunch puts Okanagan family on the brink of homelessness

Housing crisis something many in the Okanagan can likely relate to, says mother of three

Vikki and Don Holmberg with their three children Marshall, Ava and oldest Lexi who now lives on her own. The Penticton family is facing the prospect of homelessness after their rental home was sold, leading them to ask the community for help. (Contributed)
Bob Dhillon, CEO of Mainstreet Equity, is in the process of purchasing a multi-unit rental property in Vernon to upgrade and create improved homes for area renters. The company owns 352 properties in 15 cities across western Canada but this is the first in the North Okanagan. (Mainstreet Equity photo)

Major investor picks up Penticton, Vernon rental housing

Company to revamp old, dated rental housing and keep it affordable

Bob Dhillon, CEO of Mainstreet Equity, is in the process of purchasing a multi-unit rental property in Vernon to upgrade and create improved homes for area renters. The company owns 352 properties in 15 cities across western Canada but this is the first in the North Okanagan. (Mainstreet Equity photo)
Campbell River has the lowest rental vacancy rate on Vancouver Island. Photo by Marc Kitteringham - Campbell River Mirror

Rental suite fee evicted in Vernon

Move made in hopes of building housing market, increasing vacancy

Campbell River has the lowest rental vacancy rate on Vancouver Island. Photo by Marc Kitteringham - Campbell River Mirror

Kelowna rent is sixth most expensive in the country

Costs are on the rise from last year

A resident shared a photo of a snow fort listed as a rental unit online to the Vernon Rant and Rave (Uncensored) Facebook page Feb. 16, 2021. (Kyle Lewis/Facebook)

Cool apartment a warm welcome to tight housing market in Vernon

For just $1,000 per month, this cool one-bedroom snow fort could be yours

A resident shared a photo of a snow fort listed as a rental unit online to the Vernon Rant and Rave (Uncensored) Facebook page Feb. 16, 2021. (Kyle Lewis/Facebook)
Kelowna is currently tied with Ottawa as the fifth most expensive rental market in the country. (Pixabay)

Kelowna fifth most expensive rental market in Canada

Average one-bedroom rentals in Kelowna now sit at $1,500, two-bedroom at $1,750

Kelowna is currently tied with Ottawa as the fifth most expensive rental market in the country. (Pixabay)
Renae Podgorney said she’s been “held hostage” by a lack of rentals. The mother of two has been living out of a hotel room for the past year. (Cassidy Dankochik Photo - Quesnel Cariboo Observer)

‘It’s a nightmare’: Northern B.C. family desperate after living in hotel for a year

Renae Podgorney says because of a lack of rentals, she’s now applying to rent a one-bedroom unit

Renae Podgorney said she’s been “held hostage” by a lack of rentals. The mother of two has been living out of a hotel room for the past year. (Cassidy Dankochik Photo - Quesnel Cariboo Observer)
Jamie Hemson’s landlord has re-installed her doors and windows, and the public has came through with generous donations. (Neil Corbett/THE NEWS)

Landlord takes front door, windows after single B.C. mom late with rent

Maple Ridge mom gets help from community generosity and government

Jamie Hemson’s landlord has re-installed her doors and windows, and the public has came through with generous donations. (Neil Corbett/THE NEWS)
Provincially, Ontario has the highest rental rate followed by B.C. (Bullpen Research & Consulting)

Kelowna 14th most expensive city to rent in Canada

The average monthly rent for a one-bedroom unit in the city was $1,313 in December

Provincially, Ontario has the highest rental rate followed by B.C. (Bullpen Research & Consulting)
Two-bedroom renters in Vernon paid an average of $1,075 per month in 2019 - up an even five per cent from the previous year, according to the Canada Mortgage and Housing Corporation. (File photo)

Rent in Vernon jumps 4.2 per cent in 2019

The increase is in line with province-wide market trends, according to CMHC figures

Two-bedroom renters in Vernon paid an average of $1,075 per month in 2019 - up an even five per cent from the previous year, according to the Canada Mortgage and Housing Corporation. (File photo)
Municipal Affairs and Housing Minister Selina Robinson (Black Press)

B.C. rent increases capped to inflation, 2.5% for 2019

Landlords have to apply to exceed cap for renovations, repairs

Municipal Affairs and Housing Minister Selina Robinson (Black Press)
MLAs Adam Olsen (left) Ronna-Rae Leonard and Spencer Chandra Herbert want the cap for automatic rent increases lowered. (B.C. government)

Cap rent increases at inflation rate, B.C. task force recommends

MLAs say drop annual increase that would allow 4.5% rise next year

MLAs Adam Olsen (left) Ronna-Rae Leonard and Spencer Chandra Herbert want the cap for automatic rent increases lowered. (B.C. government)
Rent increases are regulated by a cost of living formula in B.C. (Black Press files)

B.C. rent increase can’t go over 4.5% next year

Provincial formula based on inflation plus 2% increase

Rent increases are regulated by a cost of living formula in B.C. (Black Press files)
Rental accommodation is hard to find in many B.C. communities. (Flickr)

Seniors, families focus of B.C. rental housing fund

Target of 14,000 new non-profit units over the next 10 years

Rental accommodation is hard to find in many B.C. communities. (Flickr)