What You Need to Know About Metro Vancouver’s Rental Market

Metro Vancouver continues to have the lowest purpose-built rental vacancy rate among major Canadian markets and, at 1.2%, the region’s vacancy rate is now almost on par with its pre-pandemic level. This low rate, combined with what is anticipated to be historically-high in-migration to the region, will almost certainly yield a very tight rental market through the balance of 2022.Our rennie intelligence team comprises our in-house demographer, senior economist, and market analysts. Together, they empower individuals, organizations, and institutions with data-driven market insight and analysis. Experts in urban land economics, community planning, shifting demographics, and real estate trends, their strategic research supports a comprehensive advisory service offering and forms the basis of frequent reports and public presentations. Their thoughtful and objective approach truly embodies the core values of rennie.