April asking rent prices up 9.3% across Canada; as Ontario sees only decline: report

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April asking rent prices up 9.3% across Canada; as Ontario sees only decline: report
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A new report says the average asking rent for a home in Canada in April was up 9.3 per cent compared with a year ago, while a slight month-over-month increase was also recorded for the first time since January. The report by Urbanation and Rentals.

A new report says the average asking rent for a home in Canada in April was up 9.3 per cent compared with a year ago, while a slight month-over-month increase was also recorded for the first time since January.

The annual growth rate accelerated from an 8.8 per cent increase recorded the previous month. Asking rents were up 0.3 per cent month-over-month.

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