The report by Urbanation and Rentals.ca says the average asking rent for all home types was $2,188 last month
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, a new report says.
Based on the report, the average asking rent for a one-bedroom unit in Canada was $1,915 in April, up 11.6 per cent from a year ago, while the average asking price for a two-bedroom unit was $2,295, up 11 per cent from April 2023. Saskatchewan remained the cheapest province in the country to rent in April, at an average of $1,300, but overtook Alberta as the provincial leader in annual rent growth with an 18.4 per cent increase. Alberta reached an average of $1,746, an increase of 16.4 per cent compared with a year ago.
Average asking rents in Quebec rose 8.7 per cent to reach $2,011, while Manitoba’s 9.8 per cent increase brought its average to $1,609.
Average Rent Report Increase Canada Unit Alberta Nova Scotia Saskatchewan Manitoba
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
April asking rent prices up 9.3% across Canada; as Ontario sees only decline: reportA 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.
Read more »
April asking rent prices up 9.3% across Canada; as Ontario sees only decline: reportA 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.
Read more »
April asking rent prices up 9.3% across Canada; as Ontario sees only decline: reportA 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.
Read more »
April asking rent prices up 9.3% across Canada; as Ontario sees only decline: reportA 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.
Read more »
April asking rent prices up 9.3% across Canada; as Ontario sees only decline: reportA 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.
Read more »
April asking rent prices up 9.3% across Canada; as Ontario sees only decline: reportA 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...
Read more »