Bringing Short, Concise, British Columbia Real Estate News and Information to Your Desktop
BC Real Estate News, bcrealestatenews.ca
Featured Article
No Sign of Housing
Recovery Yet...
Click Here
Recent Articles:
No Sign of Housing Recovery Yet... Click Here
CMHC -Housing Starts Will Slow Over The Next 3 years... Click Here
In Real Estate you cannot write a contract that overrides a statute or common law... Click Here
Rents down more in BC than anywhere in Canada...
Click Here
Good News Bad News for the Rental Market in BC…
Rents are down in most areas of Canada. British Columbia leads the country with a 4.9% reduction of average provincial rental decline. Rents dropped 4.7-percent in Ontario, 4.6-percent in Alberta, and 3.1 percent in Quebec. This is good news for tenants and bad news for landlords. Rents are actually up slightly in Saskatchewan, Manitoba and Atlantic Canada. Apartment and condominium asking rents in B.C. are now down 11.8 percent from their peak in September of 2023. The number of newly completed apartment units was up 56% in 2025 in BC compared to 2024. That increase in inventory is the main cause of the rental adjustments.
Bill Hubbard
As of 2026, I have spent the last 37 years of my life researching, listing, selling and teaching Real Estate. Contrary to popular belief I am the opposite of a workaholic. I wake up every morning and do exactly what I want and love to do every day. I will never retire as long as I have the capacity to do this job. When you love what you do it is not work. Therefore, I have not worked a day in 37 years.
This website is a result of my growing frustration at typical Real estate websites that give listings, which consumers have better access to on realtor.ca and generic information that is plastered all over the internet. This site is an attempt to give my clients, my REALTORS® and consumers simple, current, fundamental information that is relevant to today's British Columbia Real Estate market. I hope you find it valuable.
Good News Bad News for the Rental Market in BC…
Rents are down in most areas of Canada. British Columbia leads the country with a 4.9% reduction of average provincial rental decline. Rents dropped 4.7-percent in Ontario, 4.6-percent in Alberta, and 3.1 percent in Quebec. This is good news for tenants and bad news for landlords. Rents are actually up slightly in Saskatchewan, Manitoba and Atlantic Canada. Apartment and condominium asking rents in B.C. are now down 11.8 percent from their peak in September of 2023. The number of newly completed apartment units was up 56% in 2025 in BC compared to 2024. That increase in inventory is the main cause of the rental adjustments.
Good News Bad News for the Rental Market in BC…
Rents are down in most areas of Canada. British Columbia leads the country with a 4.9% reduction of average provincial rental decline. Rents dropped 4.7-percent in Ontario, 4.6-percent in Alberta, and 3.1 percent in Quebec. This is good news for tenants and bad news for landlords. Rents are actually up slightly in Saskatchewan, Manitoba and Atlantic Canada. Apartment and condominium asking rents in B.C. are now down 11.8 percent from their peak in September of 2023. The number of newly completed apartment units was up 56% in 2025 in BC compared to 2024. That increase in inventory is the main cause of the rental adjustments.