2025 British Columbia Rental increase decreases

How Often Can a Landlord Raise the Rent

A Landlord can only increase rent if it has been 12 months since:

1. Rent was set at the beginning of the tenancy or
2. Rent was last legally increase during an existing tenancy.Historical increases do not account for hiked interest rates and inflation. In 2023 the annual increase was 2%, in 2022 it was 1.5%. Don’t forget in 2021 we had a freeze to 0% during the pandemic. Whether or not this helped is yet to be determined ( or it already has been)

Changes to Residential Tenancy Rules

In 2024 we saw changes to rules with respect to short-term rentals and requirements by landlords for “good faith evictions”. For short term rentals it is not required that you must reside in the property ( primary residence) in order to run a short term rental ( see the article for details).  There are also rules and guidelines when evicting a tenant and heftier consequences for bad faith evictions.