Thursday, April 29, 2010

The Rental Market

Just wanted to let you all know our recent experience in the rental market. We're moving in early summer. We just negotiated 7% off the asking rent and got the landlord to agree to NO lease. It's month-to-month for us on a 3-bed house near a recreation centre in the central CRD. We'll be within 15 minutes of downtown and 15 minutes of the highway out of town.

Yep, the market she's a changing.

Oh, and in case you're wondering how we got the discount with no lease: we asked for it, right after the landlord complained about their current noisy tenants wrecking their recent house buying experience, with a reminder that we're married professionals with decent income and quiet lifestyle.

201 comments:

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Animal Spirit said...

wolCD - are you sure that your numbers are correct? I've been tracking SFH listings for a while. May 1 had 986 listings, May 15 was 1095 - a net gain of 109(11%). Add on condos and everything else, and I would expect a net gain of around 400 (unless the listings increase has only been for houses).

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