Monthly Rental Market Report - August 2023

By Bolld PM on Wed, 09 Jul 2025
Monthly Rental Market Report - August 2023

With the B.C. Lower Mainland embracing the summer season, it also welcomes a surge in demand and a subsequent increase in average rent prices for this August. Notably, this comes amidst another hike in the Bank of Canada's target overnight rate. It is highly likely that this summer will establish new milestones for average rental rates in the province of B.C.