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

Mismanaged salmon farms unacceptable: Cullen

Commissioner suggests Ottawa favouring aquaculture over wild salmon management

Snowy winter meant high costs: LDM

Rapid melting could cause floods

Houston Fire Department working harder

The Houston Volunteer Fire Department has seen a significant increase in the… Continue reading

Houston athlete trying out for regional girls’ team

Zone 7 girls’ team is first in eight years

HVAC overhaul to continue this summer

Upgrades at Houston Secondary School (HSS) are a long-time coming, according to… Continue reading

VIDEO: B.C. ‘escapologist’ stuns judges on Britain’s Got Talent

Matt Johnson says televised water stunt was closest he’s come to death

How to keep local news visible in your Facebook feed

Facebook has changed the news feed to emphasize personal connections. You might see less news.

B.C. skydiver lands safely after cutting away main chute

Greater Victoria emergency services called after witnesses saw spiralling chute

78 Mexican farmworkers displaced after fire tears through building on B.C. farm

Flames broke out Thursday morning in building that housed up to 80 workers at Abbotsford farm

Cartoonist captures public mood following Toronto, Humboldt tragedies

Cartoonist said he was trying to find a bit of positivity with an image that has garnered attention

Whitecaps host against Real Salt Lake looking to snap 3-game losing streak

Ending their losing streak is all the Whitecaps care about when they host Salt Lake in Vancouver

Montreal Habs goalie Carey Price stops by B.C. hometown for rodeo

Famous goaltender tries to blend in with the crowd at first BCRA-santioned event of the season

B.C. hires 20 more conservation officers

The province announces 12 new locations for conservation officer services this year

B.C. pharmacist pleads guilty to animal cruelty charge

Joelle Mbamy was handed $1k fine, on top of $5k fine already imposed, and 10-year animal prohibition

Most Read