On Thursday, Nov. 6, 2025, Rentals.ca released a report indicating that rental asking prices in British Columbia lead the country in declines, down 9.6% over the past two years and 5.8% in the past year alone. Vancouver reached a 43-month low in October 2025, falling 11.4% over the past three years and declining on an annual basis for a 23rd consecutive month. In Surrey, the asking rent for a one bedroom compared to this time last year is down 12%.

More shelter spaces are available this winter than previous seasons, providing people experiencing homelessness in British Columbia with life-saving access to additional warm, safe indoor spaces as colder weather arrives.

People in northern B.C. will benefit from improved access to housing, health care, emergency services, child care and community programs, thanks to more than $5 million in funding from the Northern Healthy Communities Fund (NHCF).

The Province has tabled legislation in response to a request by the City of Vancouver to dissolve the Vancouver Board of Parks and Recreation.

Yesterday, Rentals.ca released a report indicating that rental asking prices in British Columbia are down 8.5% over the past two years, and 5.5% in the past year alone. Vancouver led with largest drop in the country at 16.9% in the past two years and 8.2% in the past year. Vancouver is at a 41-month low and one bedrooms are down $500 a month since 2023. The report is available here: https://rentals.ca/national-rent-report

Data taken from the latest provincewide homeless counts indicates that homelessness continues to affect people throughout British Columbia, including youth, families, seniors and individuals from all backgrounds. 

More local governments will receive support to help them break down barriers and create more efficient approvals processes that will help B.C. to deliver more homes quicker.