Photo by John Wilander on Unsplash
Rent in Vancouver — what gets reported vs. what renters actually pay
CMHC's average rent includes long-term tenants paying below market. Their turnover rent gets closer, but it still lags far behind StatCan's asking price index. Especially in cities like Vancouver where rent control is so prominent.
Three official numbers. Three very different answers to "what does rent cost in Vancouver?"
We connect the dots so you don't have to.