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

Convicted animal abuser to return to B.C. court May 21

Catherine Jessica Adams is facing a breach of probation charge

Northwest Fire Centre open burn ban lifted

Recent rain, cooler temperatures have lowered the region’s fire risk

Telkwa pot plant application passes review

Cannabis company claims new Health Canada regulations are working in its favour

Cullen demands action on Ecstall River

Failing to penalize parties involved undermines all salmon conservation efforts, MP says

Governments, industry bid on optimism amid timber review

The possibility of reduced forestry activity in the near future is sinking… Continue reading

Kelowna RCMP interrogation video brings home reality in ‘visceral way’: former TRC chairman

Video of Mountie interrogating young Indigenous woman disclosing sexual abuse under fire

B.C. residential school survivor’s indomitable human spirit centre of school play

Terrace theatre company plans to revive Nisga’a leader Larry Guno’s Bunk #7 next year

Canadian killed in Honduras plane crash

The crash happened in the Roatan Islands area, according to officials

B.C. ferry stops to let black bear swim past near Nanaimo

Queen of Oak Bay brakes for wildlife in Nanaimo’s Departure Bay

Mother dead, child in critical condition after carbon monoxide poisoning at Shuswap campground

The woman was found unresponsive insider her tent and the youth was taken via air ambulance to hospital

Canada’s parole officers say correctional system has reached breaking point

About half of Canada’s federal parole officers work inside penitentiaries and correctional institutions

Montreal researchers create audible hockey puck for visually impaired players

Three years ago, Gilles Ouellet came up with the idea for a puck that makes a continuous sound

Former B.C. Greyhound bus drivers head to Penticton for goodbye party

Big bash runs until Sunday, funded by drink cans left behind on busses over the years

Boy, 12, arrested after allegedly pulling a knife on another child at a Surrey park

The child was later released into his parents’ custody as Surrey RCMP continue their investigation

Most Read