Closeup view of Modern Suburban Home with for Rent Sign in front Yard Rental rates are rising in Prince Rupert as rent falls in Terrace. (File photo)

Rent continues to rise in Prince Rupert, drops in Terrace

A report from Canadian Mortage and Housing Corporation shows the average rent has risen by $132

Rent in Prince Rupert is going up. In the last year, the average rent increased by $132.

“This should be of major concern to Prince Rupert, since 40 per cent of our folks rent – specifically, there are 4,720 households in Prince Rupert and 1,920 of the households are renters,” Paul Lagace, a poverty law advocate at the Prince Rupert Unemployed Action Centre, wrote in an email.

“I am most concerned that even with the recent Income Assistance (IA) increases (which I was happy to see) that a single person cannot afford to rent. One does not have to be a mathematician to recognize that you can’t stretch $710 in IA monies, to rent an $809 one-bedroom apartment.”

The average monthly rent for bachelor, one-bedroom and two-bedroom apartments in Prince Rupert rose from $543 to $622, $675 to $812 and $781 to $913 within the last year. The jump was revealed in the latest rental statistics by the Canada Mortgage and Housing Corporation (CMHC).

In comparison, the average rent in Terrace went down across the board. Bachelor apartments went down from $571 to $537, one-bedroom apartments from $707 to $690 and two-bedroom apartments $913 to $828.

It’s getting harder to find a place to rent in Prince Rupert, and more expensive. The report also shows vacancy rate for rental units have decreased. The current 5.3 per cent availability rate is down from 5.9 the previous year.

The real question, Lagace said, is why rent has increased so much in the last year. He said a loophole in leases was one way that landlords were able to get around the maximum amount rent was allowed to increase annually.

VIDEO: B.C. to end geographic area rent increases, close fixed-term lease loopholes

“A number of landlords across the province were using fixed-term leases on their long-term tenants, in order to jack-up their rents,” Lagace wrote in an email on Dec. 11. “The good news is that loophole is closed as of today. ‘Effective December 11, 2017, a tenancy agreement may only include a requirement that the tenant vacate the rental unit at the end of a fixed term (under certain circumstances).’

“Fortunately now, with the housing minister’s recent announcement, there is some protection in place for all Prince Rupert renters – with or without any major project development,” Lagace said.

READ MORE: First multi-family housing development in 20 years

The housing market shows a similar trend. The Canadian Real Estate Association shows the number of housing units sold was down by 24.1 per cent from the third quarter of 2016 to the third quarter of 2017. However, the median price of those sales rose by 17.5 per cent.

READ MORE: Rupert below average in housing

Before the tent city outside of Prince Rupert city hall packed up the 20-day protest, the Northern View spoke to several of the encampment’s residents.

Lagace invites anyone who believes their landlord is not abiding by the new tenancy legislations to see him at the Prince Rupert Unemployed Action Centre.

READ AND WATCH: City to receive 44 units for homeless



keili.bartlett@thenorthernview.com

Like us on Facebook and follow us on Twitter

Just Posted

Village might earn $384,000 in camp deal

The Village of Burns Lake is set to receive hundreds of thousands… Continue reading

Helping the Burns Lake community for 13 years

In its 13 years of existence, the Burns Lake and District Community… Continue reading

TV signals restored, rebroadcast society says

Television reception for Burns Lake and Southside residents with regular TVs was… Continue reading

BC Moose Tracker app aids in management

There are smartphone apps that compile user data on restaurants, bars and… Continue reading

Nations Cannabis building up

Construction continues on the Nations Cannabis production facility, located near Decker Lake,… Continue reading

Third instance of Trudeau in skin-darkening makeup emerges

Another instance of Trudeau using makeup to darken his face has emerged, within 24 hours of the first

B.C., Alaska officials fail to reach ferry deal

Alaska Marine Highway System ferry service to Prince Rupert is scheduled to end Sept. 30

Nelson man accused of swimming naked at Toronto aquarium expected to plead guilty

David Weaver, of Nelson, was arrested and charged in October of last year

VIDEO: Party leaders react to Trudeau’s brownface photo bombshell

Fallout from Justin Trudeau’s brownface photo, and two other instances, sure to dominate campaign

35 of 87 dogs in 2018 Williams Lake seizure were euthanized, BC SPCA confirm

The dogs did not respond to the behaviour modification and remained terrified of humans

B.C. ‘tent city’ disputes spark call for local government autonomy

UBCM backs Maple Ridge after province overrules city

B.C. drug dealers arrested after traffic stop near Banff turns into helicopter pursuit

Antonio Nolasco-Padia, 23, and Dina Anthony, 55, both well-known to Chilliwack law enforcement

Most Read