Prince George Rent Prices will continue to rise

Prince George- The housing market continues to rise in Prince George and around the province, leaving a lasting mark on the renters market in P.G.

Rent in Prince George has risen consistently since 2017. The average price of a room increased by over a hundred dollars in that time, unfortunately for anyone looking to rent Paul Dainson of Rentals. Ca doesn’t see these trends ending.

“The rental market in British Columbia right now is through the roof. Rents are up and rising. I think in the next year, it will continue to rise,” says Dainson. “A lot of people through the pandemic have been moving into these secondary markets, and again it has put a lot of pressure on these markets. There is a lot of demand which leads to rents going up.”