6.4% rent increase in Metro Vancouver is highest ever recorded

Metro News cited research by Thomas Davidoff, a UBC Sauder School of Business professor, after Metro Vancouver’s steepest rent rise in history was tracked by Canada Mortgage and Housing Corporation.

The survey confirmed what Davidoff tracked earlier this year by collecting Craigslist rental listings.  This year saw a spike in Vancouver rents, mirroring the increase seen in house and condo prices between 2015 and 2016.