
Insights: Are rents really going down in B.C.?
Are B.C. rents really dropping? New data shows declines in asking rents, but most tenants aren’t seeing meaningful relief yet.

Are B.C. rents really dropping? New data shows declines in asking rents, but most tenants aren’t seeing meaningful relief yet.

Did you know that for every dollar invested in BC Rent Bank, there is a return of $5 in savings for renters and the government?

BC Rent Bank’s 2021–2022 Impact Report highlights expanded province-wide access, helping renters maintain housing and prevent homelessness.

B.C. becomes the first province with 100% rent bank coverage, providing interest-free loans to help renters stay housed and avoid eviction.
B.C. grants $10M to Vancity Community Foundation to expand rent banks, helping renters access emergency loans and avoid eviction.