No Vacancy

In the Metro Vancouver region: • Shelter occupancy is at 97%, and the percentage of women in shelters has grown from 28% in 2011-2012 to 32% in 2015-2016. [...] The data presented in this report shows that, for low-income individuals and families, the consequences of the affordability crisis in the rental market may be even more severe. [...] While this situation tells part of the story, the situation is even more dramatic for people trying to rent units at the low end of market. [...] The dip in vacancy rate for 1 bedroom and bachelor units across Metro Vancouver seen in the last two years is likely indicative of people having to look outside the City of Vancouver for rental units. [...] While the overall growth in rental stock is welcome, the number of bachelor and one bedroom units at the low end of market (renting at less than $750) has declined.