rental market

Victoria rents we’re largely up on a year-over-year basis in April. Pictured is a building going up on Victoria’s Vancouver Street in May 2022. (Black Press Media file photo)

Victoria rents pricier last month compared to April 2022

Median, average prices of vacant rentals up at least 7 per cent

 

A rental sign is seen outside a building in Ottawa, Thursday, April 30, 2020. B.C.’s NDP government followed through on a long-promised renters’ rebate on Feb. 28, 2023, in its provincial budget. THE CANADIAN PRESS/Adrian Wyld

Long-awaited renters’ rebate among credits promised in B.C.’s 2023 budget

Other increases coming for families, lower-income earners

 

A new national report on residential rentals says one-bedroom rental prices skyrocketed far above the B.C. cap on prices. (Pexels photo)

B.C. rent hikes capped at 2% but Victoria’s skyrocketed by 19%, says new report

Victoria resident says landlords are finding ways to evict tenants to raise rents

A new national report on residential rentals says one-bedroom rental prices skyrocketed far above the B.C. cap on prices. (Pexels photo)
A rendering of Starlight Developments’ proposal for a 1,600-unit rental project on Yates Street from Quadra to Cook streets. (Courtesy of Starlight Developments)

Developer envisions Harris Green reinvigoration as Victoria readies debate on 1,600 rentals

Two-block housing, commercial, public space transformation set for Feb. 9 public hearing

A rendering of Starlight Developments’ proposal for a 1,600-unit rental project on Yates Street from Quadra to Cook streets. (Courtesy of Starlight Developments)
A sign advising the public of a rental development application in Victoria as work on another building along Cook Street carries on. The Canada Mortgage and Housing Corporation’s 2023 rental market showed Victoria remains one of Canada’s worst markets with unsustainable vacancy rates despite record units coming online in 2022. (Jake Romphf/News Staff)

Unaffordability, turnover price hikes dampen Greater Victoria’s record rentals year: CMHC

Annual report finds construction-heavy West Shore demand cooled by high new-unit rent rates

A sign advising the public of a rental development application in Victoria as work on another building along Cook Street carries on. The Canada Mortgage and Housing Corporation’s 2023 rental market showed Victoria remains one of Canada’s worst markets with unsustainable vacancy rates despite record units coming online in 2022. (Jake Romphf/News Staff)
Snow-covered houses and the downtown skyline are seen after a snowstorm, in Vancouver, B.C., Wednesday, Nov. 30, 2022. THE CANADIAN PRESS/Darryl Dyck

How to protect yourself against ‘renoviction’ as rental markets heat up

‘If you receive a letter or notice that your landlord intends to evict you, obtain legal advice’

Snow-covered houses and the downtown skyline are seen after a snowstorm, in Vancouver, B.C., Wednesday, Nov. 30, 2022. THE CANADIAN PRESS/Darryl Dyck
Average one-bedroom rental prices in Victoria are up 22 per cent in December compared to December 2021, according to the latest national rent report from Zumper. (Black Press Media file photo)

Victoria rent skyrockets 22% in a year, remains fourth worst in Canada

The latest report from Zumper puts average one-bedroom rent at $2,150 in December

Average one-bedroom rental prices in Victoria are up 22 per cent in December compared to December 2021, according to the latest national rent report from Zumper. (Black Press Media file photo)
Good Earth Coffeehouse will close the Uptown centre location Nov. 20. (Hollie Ferguson/News Staff)

Good Earth Coffeehouse to close Uptown location, opting out of lease renewal

The closure leaves some disappointed, but fans can still get their fix at various other locations

Good Earth Coffeehouse will close the Uptown centre location Nov. 20. (Hollie Ferguson/News Staff)
Victoria continues to be a pricey rental market when compared to cities nationwide. (Black Press Media file photo)

Victoria rents up more than six per cent in September

City remains among most expensive in Canada amid increasing interest rates, supply issues

Victoria continues to be a pricey rental market when compared to cities nationwide. (Black Press Media file photo)
Julie Kalinowski, CEO of the dress and gown rental store The Fitzroy, is photographed in her Toronto store, Friday, Sept. 23, 2022. THE CANADIAN PRESS/Alex Lupul

To rent or buy? What’s in store for the clothing rental industry in Canada

One fashion expert thinks major clothing brands may start launching their own rental segments

Julie Kalinowski, CEO of the dress and gown rental store The Fitzroy, is photographed in her Toronto store, Friday, Sept. 23, 2022. THE CANADIAN PRESS/Alex Lupul
The average rent for all property types in Victoria jumped 27 per cent in July over the same month in 2021. (Black Press Media file photo)

Victoria rents spike at fastest rate in the country in past year

Cost of 2-BR suite reaches $2,836, a jump of 34.8 per cent over July 2021

The average rent for all property types in Victoria jumped 27 per cent in July over the same month in 2021. (Black Press Media file photo)
(File photo)

B.C. rent banks increase housing stability, prevent homelessness: survey

61% of those who accessed rent bank support said the service prevented them from homelessness

(File photo)
(Black Press file photo)

British Columbians all over are feeling the pinch as rent prices jump in July

Canada’s most expensive rental markets are almost all in B.C. and Ontario

(Black Press file photo)
Colleen Frank loves cats. She holds a pillow with the image of her former cat Stanley while current cat Ozzie investigates a moving box. After 20 years in her apartment building, Frank is being evicted and may have to be out on July 29. (Eric J. Welsh/ Chilliwack Progress)

Chilliwack senior fears homelessness as she faces rental crisis head on

Colleen Frank is being forced out of the apartment building she’s lived in for 20 years

Colleen Frank loves cats. She holds a pillow with the image of her former cat Stanley while current cat Ozzie investigates a moving box. After 20 years in her apartment building, Frank is being evicted and may have to be out on July 29. (Eric J. Welsh/ Chilliwack Progress)
Greater Victoria remains the fourth most expensive rental market in the country, according to a recent report. Construction is pictured in downtown Victoria in May 2022. (Black Press Media file photo)

Greater Victoria remains 4th most expensive rental market in Canada: report

1-BR unit rent rose 2.2 per cent May to June; 2-BR price dropped 6 per cent

Greater Victoria remains the fourth most expensive rental market in the country, according to a recent report. Construction is pictured in downtown Victoria in May 2022. (Black Press Media file photo)
Municipal Affairs Minister Nathan Cullen, pictured here in 2020, recently penned a letter to Victoria that signalled the province wouldn’t amend legislation to allow for a request from the capital city around tenant protections. (THE CANADIAN PRESS/Jonathan Hayward)

Victoria tenant protection requirements blocked by province

City wanted to tie more renoviction protections to its permitting process

Municipal Affairs Minister Nathan Cullen, pictured here in 2020, recently penned a letter to Victoria that signalled the province wouldn’t amend legislation to allow for a request from the capital city around tenant protections. (THE CANADIAN PRESS/Jonathan Hayward)
The average monthly rent in Victoria last month of $1,870 for a one-bedroom unit was 13.4-per-cent higher than the same time in 2021, and was ninth-highest on a list of 35 Canadian cities. (Black Press Media file photo)

One-bedroom rent rises in May to an average of $1,870 a month in Victoria

Canadian renters see largest increase in 3 years between April and May

The average monthly rent in Victoria last month of $1,870 for a one-bedroom unit was 13.4-per-cent higher than the same time in 2021, and was ninth-highest on a list of 35 Canadian cities. (Black Press Media file photo)
A rendering of a 137-unit rental building proposed for the corner of the Menzies and Niagara streets in James Bay. (Photo courtesy of Primex Investments/Continuum Architecture)

Public hearing on Thursday for 137-unit redevelopment in James Bay

Victoria council will make its decision on the proposal after the hearing

A rendering of a 137-unit rental building proposed for the corner of the Menzies and Niagara streets in James Bay. (Photo courtesy of Primex Investments/Continuum Architecture)
The Canadian Mortgage and Housing Corporation’s recently released 2021 rental market report shows Greater Victoria aligned with the national rent price hike, with both up 3.1 per cent from 2020. (Black Press Media file photo)

Low vacancy rates, rising prices squeeze Greater Victorians out of appropriate residential rentals

National 2021 rental report gives insight into Capital Region demand, affordability

The Canadian Mortgage and Housing Corporation’s recently released 2021 rental market report shows Greater Victoria aligned with the national rent price hike, with both up 3.1 per cent from 2020. (Black Press Media file photo)