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Housing Market Insider
Rental market

British Columbia rental market

Rents and vacancy from CMHC's annual Rental Market Survey (purpose-built rentals, October) and Statistics Canada's quarterly experimental asking and paid rent estimates.
Vacancy by metro
Avg. 2-bed rent (CMHC) by metro
MetroVacancyAvg. 2-bed rent (CMHC)Asking 2-bedPaid 2-bed
Abbotsford–Mission B.C.2.8%+1.7 pts$1,623+7.7%$1,890−6.4%—
Kamloops B.C.—$1,673+7.9%$1,960+1.0%—
Kelowna B.C.6.3%+2.5 pts$2,098+9.5%$2,330—
Nanaimo B.C.—$1,895+6.8%$2,080+2.5%—
Vancouver B.C.3.7%+2.1 pts$2,364+2.2%$3,030−4.1%$2,470+7.4%
Victoria B.C.3.1%+0.4 pts$2,121+6.3%$2,640−2.6%—

Changes are versus the prior year (vacancy, CMHC rent) or 12 months earlier (asking and paid rents).

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