Metro Vancouver rental apartment facts (2018)

Average age of purpose-built rental apartments

60

Number of building transactions in Greater Vancouver for first half of 2018

89

Total sales volume in Greater Vancouver for first half of 2018

$1.45B

*Average Greater Vancouver vacancy rate of rental apartments in 2017

0.9%

**Average Greater Vancouver cap rate 2018 year-to-date

2.8%

*Average rate of monthly rent in Greater Vancouver for 2017

$1,297

Average price per suite in Greater Vancouver for first half of 2018

$495,000

Total number of apartment owners in Greater Vancouver

1,925

Total number of rental apartment buildings in Greater Vancouver

3,250