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vancouver housing market

If you're looking to rent a one-bedroom apartment in Vancouver right now, you need to know where to look in order to avoid getting hit by rising prices.

According to a September report by, average rent prices for unfurnished, one-bedroom units in the area increased by $71 to a whopping $2,247 over the past month, a rise which it credits to the return of students and Canada's rising interest rates.

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After two years of rising house prices and unrealistic real estate bidding wars, the Canadian housing market may just see a massive cooldown phase.

According to a new report by RBC, Canadians can expect a "historic correction" with both resale activity and home prices "reaching lower levels than [...] anticipated."

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It's common knowledge that the housing market in Vancouver is incredibly expensive, but a new report has revealed how many years it would take someone to save for a down payment on a home in the city — and it's wild.

About 37 years is needed to save up for a house in Vancouver, which is around seven years worse than Toronto, according to The National Bank of Canada's Housing Affordability Monitor.

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Renting in Vancouver is known to be pricey, but it has increased even more.

According to a report from, average rent prices across Metro Vancouver have soared this month and are up $108 since April.

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If you're considering buying a house in Vancouver right now, you might want to re-think what you could use that money for.

This private island that's for sale in B.C. is listed for $319,000, and it's actually cheaper than a home in the city — and you'll literally have no neighbours.

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