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Since 2018, we have been contending with a near 0% vacancy rate, a stark indicator of a housing market under severe stress. The issue has been compounded by the widening gap between household formations and housing starts. From 2015 to 2023, this gap resulted in a...
ATTENTION ALL HOUSING PROVIDERS WITH RENTAL PROPERTIES ON PEI Residential Rental Association of PEI will be hosting our Annual General Meeting 4PM on Thursday, October 26th at the Rodd Royalty Inn, 14 Capital Drive, Charlottetown. The Minister of Housing Rob Lantz...
Charlottetown, January 5, 2023 - “The PEI Government’s so-called plan to address the cost pressures faced by rental property owners is inadequate and a broken promise to the sector,” says Residential Rental Association of Prince Edward Island President, Parker Perry....
Charlottetown, January 5, 2023 - “The PEI Government’s so-called plan to address the cost pressures faced by rental property owners is inadequate and a broken promise to the sector,” says Residential Rental Association of Prince Edward Island President, Parker Perry....
Charlottetown: December 1st, 2022: “The absence of a compensation element to the recent government announcement on building incentives shows that Minister MacKay broke his word,” says Parker Perry, President of the Residential Rental Association of Prince Edward...
November 21, 2022 Honourable Mathew MacKay, MLAMinister of Social Development & Housing Government of Prince Edward IslandP.O. Box 2000, Charlottetown, PECIA 7N8Dear Minister, It has been two weeks since you made a public commitment that residential rental...
FOR IMMEDIATE RELEASE NOVEMBER 21, 2022 Charlottetown: November 21, 2022: “As we head into 2023, rental property owners are increasingly concerned about rising costs and rental caps that are seriously harming the financial viability of the rental sector,” says Parker...
FOR IMMEDIATE RELEASE NOVEMBER 1, 2022 Rent Caps a Slap in the Face to Residential Rental Sector Charlottetown: November 1, 2022: The King Government's unilateral decision to overrule a regulatory body and give residential property owners a zero percent increase in...
FOR IMMEDIATE RELEASE NOVEMBER 24, 2021 Charlottetown:November 24, 2021: “The Residential Rental Association of PEI (RRAP) strongly condemns the recent action by a Charlottetown property owner who forged documents in an attempt to secure a rental increase,” said...