Abbotsford Renters Benefit from Falling Rental Prices

Rental prices in Abbotsford fell from $1,936 in September to $1,893 in October, making it the 19th cheapest city to rent in Canada. British Columbia saw a 5.8% drop in average rental prices, the largest in the country, though it remains the most expensive province for rentals. The decline reflects government efforts to increase rental supply, reduce speculation, and convert short-term rentals into long-term housing.