Metro Vancouver rental affordability has improved, with rents for unfurnished one and two-bedroom units dropping 5-10% in Vancouver, Burnaby, and the North Shore compared to last year. One-bedroom rents fell to $2,308 in Vancouver, $2,365 in North Vancouver, and $2,165 in Burnaby. Outside the core, cities like Coquitlam, New Westminster, and Surrey saw even larger decreases, with Surrey offering the cheapest one-bedroom units at $1,785.
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