The average rents paid by tenants in Vancouver and Victoria have increased by more than 20 per cent in the past six months, according to the newly released National Rental Ranking. “I’ve been moving every year, basically — once or twice a year,” Carey told CBC News on Thursday. According to new rental statistics released Friday, average rents in Victoria are more than $1,600 a month for a one-bedroom apartment and nearly $2,700 for two bedrooms. Vancouver remains the highest-priced market in the country — with renters paying more than $2,200 every month for a one-bedroom unit, an increase from previous years. In comparison, Calgary renters pay, on average, nearly $1,300 a month for a one-bedroom, and $1,500 for two bedrooms.

Source: CBC News March 21, 2022 05:40 UTC