{"id":62,"date":"2026-10-07T14:00:00","date_gmt":"2026-10-07T14:00:00","guid":{"rendered":"https:\/\/www.rexhua.com\/blog\/?p=62"},"modified":"2026-10-07T14:00:00","modified_gmt":"2026-10-07T14:00:00","slug":"burnaby-leads-greater-vancouver-rent-declines","status":"publish","type":"post","link":"https:\/\/www.rexhua.com\/blog\/2026\/10\/07\/burnaby-leads-greater-vancouver-rent-declines\/","title":{"rendered":"Burnaby Leads Greater Vancouver Rent Declines"},"content":{"rendered":"<div class=\"video-zmyer\">\n<div class=\"video-frame-zmyer\">\n        <iframe loading=\"lazy\" width=\"640\" height=\"640\" src=\"https:\/\/www.roomvu.com\/agent\/embed\/rex-hua-prec\/the-greater-vancouver-city-where-rent-is-falling-the-fastest-remotion-videos-204e\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><br \/>\n        <\/iframe>\n    <\/div>\n<div class=\"video-description-zmyer\">\n<p>Burnaby\u2019s rental market is making headlines for all the right reasons\u2014at least if you\u2019re a prospective tenant. Mid-Q3 saw Burnaby post British Columbia\u2019s largest one-bedroom rent decline, with the median at $2,130\u2014a drop of roughly 3% month-over-month and about 7% year-over-year, the sharpest decrease across Greater Vancouver. Two-bedroom units reflected a similar trend, down ~7% to $2,720.<\/p>\n<p>This shift comes as BC\u2019s summer leasing momentum faded, incentives lingered, and the market entered a more subdued period. For my clients\u2014especially those evaluating premium investment opportunities\u2014these numbers underscore the impact of a record-setting supply pipeline, fewer temporary residents, and a stagnant local economy pressing down on demand.<\/p>\n<p>As someone who\u2019s navigated both the residential and commercial landscapes since 2006, I\u2019m watching closely to see if Burnaby\u2019s rent plateau persists as we move beyond peak leasing season. Understanding when and where these inflection points occur is key to protecting\u2014and growing\u2014capital in Greater Vancouver\u2019s evolving market.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Burnaby\u2019s rental market is making headlines for all the right reasons\u2014at least if you\u2019re a prospective tenant. Mid-Q3 saw Burnaby post British Columbia\u2019s largest one-bedroom rent decline, with the median at $2,130\u2014a drop of roughly 3% month-over-month and about 7% year-over-year, the sharpest decrease across Greater Vancouver. Two-bedroom units reflected a similar trend, down ~7% [&hellip;]<\/p>\n","protected":false},"author":335,"featured_media":63,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-62","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.rexhua.com\/blog\/wp-json\/wp\/v2\/posts\/62","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rexhua.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rexhua.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rexhua.com\/blog\/wp-json\/wp\/v2\/users\/335"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rexhua.com\/blog\/wp-json\/wp\/v2\/comments?post=62"}],"version-history":[{"count":1,"href":"https:\/\/www.rexhua.com\/blog\/wp-json\/wp\/v2\/posts\/62\/revisions"}],"predecessor-version":[{"id":64,"href":"https:\/\/www.rexhua.com\/blog\/wp-json\/wp\/v2\/posts\/62\/revisions\/64"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.rexhua.com\/blog\/wp-json\/wp\/v2\/media\/63"}],"wp:attachment":[{"href":"https:\/\/www.rexhua.com\/blog\/wp-json\/wp\/v2\/media?parent=62"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rexhua.com\/blog\/wp-json\/wp\/v2\/categories?post=62"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rexhua.com\/blog\/wp-json\/wp\/v2\/tags?post=62"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}