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flag BC rents drop 5.1% to $2,384, lowest in Canada.

flag Average rental prices in British Columbia dropped 5.1% year-over-year in March, with the province's average rent remaining the highest in Canada at $2,384. flag While Vancouver saw a slight monthly increase, other markets like Nanaimo and Kamloops experienced year-over-year gains. flag Across Canada, average rents fell to $2,008 in March, the lowest in 35 months, driven by population declines, record apartment completions, and economic uncertainty.

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