According to Padmapper, October’s rent price stays flat compare to September. However, compare to this time last year, two-bedroom rent in Vancouver is down 15% and one-bedroom has fell 7.8%.

Integrity & Reliability - Noble & Associates solely focuses on property management service. Our staffs have clear boundaries and hold no conflict of interest. Our operation is straight forward as we do not involve with other businesses for hidden profit.

Every year, the BC government sets a standard for the rent increase allowed on residential properties during the year. The newly announced maximum rent increase allowance in 2021 is 1.4%.