Several Metro Vancouver cities saw rent increases this month

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Rent prices in six of nine Metro Vancouver cities have recently increased, including Vancouver, Burnaby, Langley, West Vancouver, North Vancouver, and Coquitlam. Furnished one-bedroom rents rose nearly 4% in West Vancouver and over 2% in Vancouver. Burnaby saw increases in all rental categories, with furnished three-bedrooms up 3.74%. Despite recent rises, rents remain lower than two years ago but are still among Canada's highest, with nearly 40% of renters spending over 30% of income on housing.

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