The national average rent listing prices saw a year-over-year decrease, including in Victoria, but Nanaimo saw a spike.
The national average rent listing prices saw a year-over-year decrease for the first time since July 2021, including in Victoria, but Nanaimo saw a spike.Zero- and three-bedroom units are the two categories that saw increased prices nationally, at 5.4 per cent and 1.2 per cent respectively, but one- and two-bedroom unit prices decreased by one and 0.8 per cent.
“Average asking rents fell 1.9 per cent month-over-month in October, bringing rents down 2.2 per cent over the last three months, equal to an average rent reduction of $49 per month since July.”Victoria rent listing prices decrease from month before The rent report does not include a total year-over-year increase for Nanaimo, but both one- and two-bedroom units saw increases.
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