iN NUMBERS: Rent prices in Kelowna and Kamloops continue to decline

Month by month, dollar by dollar, the figures show B.C. is crawling its way out of the housing crisis. A few percentage points might not feel like a lot to renters in cities like Kelowna and Kamloops, but it’s at least a bit of reassurance as things seem to keep spiralling into un-affordability.

Anyways, here’s the numbers from Rentals.ca:

• 9.2: Per cent. That’s how much the average asking rent has gone down for a one-bedroom apartment in Kelowna over the past year.
• 27: That’s Kelowna’s ranking on the list of most expensive Canadian cities to rent in. North Vancouver is at the top.
• 3.9: Per cent. That’s how much the average asking rent has gone up for a one bedroom apartment in Kamloops over the past year.
• 32: That’s Kamloops’ ranking on the list of most expensive Canadian cities to rent it.
• 5.7: Per cent. That’s how much the average rent fell in B.C. over the last year.
• 2,009: Dollars. That’s the average rent for all unit types in Kamloops.
• 2,093: Dollars. That’s the average rent for all unit types in Kelowna.
• 2,029: Dollars. That’s the average national rent for all unit types.
• 828: Square feet. That’s the average size of a rental unit these days, which is down from 862 square feet two years ago. Shrinkflation, baby!
• 30: Consecutive months. That’s how long Vancouver’s rent has been on the decline.