Rental Scam Alert: Vancouver Sees 50% Spike in Suspicious Listings - Stay Informed, Stay Protected!

A new report by Vancouver-based rental platform reveals a 50% increase in reports of suspicious rental listings between April and July 2023, likely due to Canada's high rental prices and housing supply shortage. Scams have become more elaborate, with an average loss of $1,499.61 per victim. The demand for rental housing and urgency to secure a place make it challenging to spot scams. Using legitimate rental platforms with verified landlords and listings is important to protect renters, especially with an influx of new Canadians who may not fully understand their rental rights. Luckily, Noble is here to help renters and landlord to deal with their business Worry-Free. Let us take care of your rental needs. Contact us today!