National

Slowdown in skyrocketing rents in Metro Vancouver

Darpan News Desk The Canadian Press, 18 Dec, 2023 02:16 PM

The skyrocketing rents in Metro Vancouver are slowing according to the latest report by Rentals-dot-C-A and Urbanation.

The report says the area's asking rents in November rose less than 1 per cent from last year, reaching an average rental unit price of three-thousand-171-dollars.

That figure represents a 1.4-per-cent decline from October.

Rent prices overall remain elevated, with the asking price for shared accommodations in B-C, Alberta, Ontario and Quebec growing more than 16 per cent over the past year to almost one-thousand-dollars.

Prev Next

MORE National ARTICLES

Rain across B.C. Interior aids wildfire fight in Okanagan, Shuswap and Fraser Canyon

The Columbia Shuswap Regional District says while cooler weather brought winds that may increase fire behaviour at the Bush Creek East blaze near Chase, the rain is "creating conditions for firefighters to increase their attack" on the fire now measuring 431 square kilometres.

Rain across B.C. Interior aids wildfire fight in Okanagan, Shuswap and Fraser Canyon

Thief caught sleeping in the driver's seat of a stolen vehicle

On August 26th at approximately 5:00am patrol officers responded to a call about a suspicious car parked on Churchill Street. When officers attended, they could see a male sleeping in the driver’s seat. Given the male did not match the description of the registered owner, officers contacted the registered owner who confirmed his car had been stolen overnight.

Thief caught sleeping in the driver's seat of a stolen vehicle

British Columbians unsure about self-driving cars

A new study from U-B-C suggests British Columbians have mixed feelings about self-driving cars. Researchers engaged more than 11-hundred participants from across the province, asking them to watch eight videos showing interactions between pedestrians and vehicles at crosswalks.

British Columbians unsure about self-driving cars

2 charged in Ponzi scheme

Police in Edmonton have charged two people in an alleged Ponzi scheme targeting residents of Alberta and B-C. The department's financial crimes section says it became aware of the alleged scam in early 2020.

2 charged in Ponzi scheme

B.C. judge to review police handling of Surrey constable caught drunk driving

The Office of British Columbia's Police Complaint Commissioner has ordered a review of the case of a Surrey Police Service officer it says asked to be let off when he was caught driving while impaired. It says an investigation by Surrey police confirmed two allegations of discreditable conduct and another of corrupt practice against Const. Rajbir Thaper, but proposed discipline amounting to five days of unpaid suspension was inadequate.

B.C. judge to review police handling of Surrey constable caught drunk driving

Richmond Hospital Foundation gets $10 M from owner of Dan-D Foods

A Richmond business owner is donating 10-million-dollars to the city's hospital. Dan-D Foods founder and owner Dan On says he wants to contribute to the community where he lives and works after living in poverty in Vietnam before moving to Canada and forming his company.