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

 

Feb 25, 2022

Written by 

Ryan Berlin

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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.

Written by

Ryan Berlin

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Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.

Disclaimer: This is not an offering for sale. Any such offering can only be made by way of disclosure statement. E&OE. The developer reserves the right to make changes and modifications to the information herein without prior notice. Photos and renderings are representational only and may not be accurate.